4,200 sq ft Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

4,200 sq ft

Reserve price / sq ft

₹2,381

Locality

—

City

Thrissur

State

Kerala

Address

(7.69 ares+1.21 ares) together with residential building measuringAll that part and parcel of land admeasuring 8.90 Ares 4200 sq ft and all other improvements thereon situated in Sy no.211/8 and 211/7 of Vadanapally village. Chavakkad Taluk, Thrissur District owned by Mr Mehabub more fully mentioned in Partition Deed No.1722/2011, dated 02-09-2011, Rectification Deed No.765/2017, dated 12-06-2017 registered at SRO Vadanappally and bounded as followsNorth : Property of Balachandran (Mentioned as per Location Sketch)South : Property of Maharoof Mukriyath (Mentioned as per Location Sketch)East : Vazhy(Mentioned as per Location Sketch)West :Property of Shanmugham (Mentioned as per Location Sketch) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur M G Road Branch

Auction type

SARFAESI Auction

Borrower

Mr M***** M***** A**** J*****

Auction start

07 Oct 2026, 10:30 AM

Auction end

07 Oct 2026, 11:00 AM

EMD submission deadline

06 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2384070

Price Check

This listing's reserve price works out to ₹2,381 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 43% 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 2384070), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,00,000 before 06 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 7 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.