258.78 sq m Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

258.78 sq m (≈ 2,785 sq ft)

Reserve price / sq ft

₹2,651

Locality

—

City

Kasaragod

State

Kerala

Address

All that part and parcel of land admeasuring 29.54 Ares along with building thereon in Kuttikol Grama Panchayath admeasuring 258.78 Sq.Mtr. (approx.) along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No. 166/1pt within Kuttikol Village, Kasaragod Taluk, Kasaragod District and owned by Mr. Latheef NA, morefully described in Registered Settlement Deed No. 3200/2004 dated 15-11-2004 of Sub Registrar Office Uduma and bounded on (as per Deed No. 3200/2004), North: Property of Muhammed Shafi and Khalid, South: Property of Dainabi and others, East: Nellithavu Kudumboor Road, West: Property of Kumaran Nair View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Paduppu Branch

Auction type

SARFAESI Auction

Borrower

Mr. L***** N A

Auction start

22 Oct 2026, 11:30 AM

Auction end

22 Oct 2026, 12:00 PM

EMD submission deadline

19 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410327

Price Check

This listing's reserve price works out to ₹2,651 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 21% above 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 2410327), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,38,500 before 19 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 22 Oct 2026 starting above the reserve price, in multiples of ₹25,000.
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.