42 cent House for Auction in Kochi – SIB

Property Details

Property type

House (Residential)

Possession

Not specified

Area

42 cent (≈ 18,295 sq ft)

Reserve price / sq ft

₹421

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 17.00 Ares (equivalent to 42.00 Cents) comprised in Re. Sy. No. 134/8 and 2.43 Ares (equivalent to 6.00 Cents) comprised in Re. Sy. No. 153/3 (totally admeasuring 19.43 Ares equivalent to 48.00 Cents) along with residential building having plinth area of 3780 Sq.ft. with all other usufructs and improvements thereon, situated in Irimbiliyam Village, Tirur Taluk, Malappuram District owned by Mr. Krishnakumar K V, more particularly described in Gift Deed No. 861/2015 dated 06.03.2015 (registered on 09.03.2015) of SRO - Kuttippuram, with following boundaries:-East: Panchayath RoadNorth: 10 Feet WayWest: Property of Sulochana AmmaSouth: Property of Konthampalliyalil Sainaba and Edavazhy(As per Location Map issued by Village Office, Irimbiliyam) View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

30 Sep 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461735

Price Check

This listing's reserve price works out to ₹421 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,343 per sq ft, so this one is 90% 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 (AuctionTiger · Auction ID 461735), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 30 Sep 2026 starting above the reserve price.
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.