123 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

123 cent (≈ 53,578 sq ft)

Reserve price / sq ft

₹207

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of Residential land admeasuring 49.78 Ares (123 Cents) in Survey No. 218/4p of Iringapram Village, Chavakkad Taluk, Thrissur District all other improvements appurtenance and easementary rights made therein owned by Late Mr. Sasidharan VS more fully described in Sale Deed No.399/2013 dated 23.02.2013 of SRO Kottapady Exchange Deed No.1660/2013 dated 05.04.2013 of SRO Thrissur Sale Deed No.1662/2013 dated 06.04.2013 of SRO Thrissur bounded as follows (as per location sketch):North : Property of Sankuru, Ravi and Radhakrishnan East : Property of Radhakrishnan and Private Road South : Property of Sankaran.West : Property of Chandran and Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur Mission Quarters Branch

Auction type

SARFAESI Auction

Borrower

Mrs G***** N V

Auction start

23 Oct 2026, 10:00 AM

Auction end

23 Oct 2026, 10:30 AM

EMD submission deadline

22 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2404224

Price Check

This listing's reserve price works out to ₹207 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 95% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (bankauctions.in (4Closure) · Listing 2404224), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,11,000 before 22 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹10,000.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.