83.7 sq m Land & Building for Auction in Kochi – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

83.7 sq m (≈ 900 sq ft)

Reserve price / sq ft

₹8,086

Locality

—

City

Kochi

State

Kerala

Address

Item-1: All that piece and parcel of Ground Floor of the two storied residential building having a super built up area of 83.70 Sq.Mtrs, bearing Cochin Corporation No. XXXIV/2130A, along with right to use the pathway having a width of 2.30 Meters on the northem side which leads to the public road and proportionale share on common areas and facilities together with all easements, improvements, with fittings and fixtures thereon, the electric connection and water connection, the deposits for the same and other similar rights appurtenant thereto together with 1875/2750 undivided fractional share in land admeasuring a lotal extent of 1.72 Ares situated in Sy. No. 105/3 B & C within Edappally North Village, Kanayannur Taluk, Ernakulam District and owned by Mr. Bibin K P, morefully described in Sale Deed No. 2161/2016 dated 24-06-2016 of Sub Registrar Office Edappally Bounded on; North: Property of Sebastian & Pathway having 2.30 Meter width; South: Property of Rajan; East: Property of Sudhakaran; West: Property of Lakshmikuttyamma View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Venalla Branch

Auction type

SARFAESI Auction

Borrower

Mr. B**** K**

Auction start

07 Oct 2026, 10:00 AM

Auction end

07 Oct 2026, 10:30 AM

EMD submission deadline

06 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2403834

Price Check

This listing's reserve price works out to ₹8,086 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 83% 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 2403834), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,28,500 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.