35.35 cent Commercial Building for Auction in Kochi – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

35.35 cent (≈ 15,397 sq ft)

Reserve price / sq ft

₹469

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 35.347 Cents along with building thereon and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy No. 43/3 within Neduva Village, Tirurangadi Taluk, Malappuram District and owned by Mr. Kunhikoya O & Mr. Subair O, morefully described in Jenm Assignment Deed No. 1678/2005 dated 28-05-2005 of Sub Registrar Office - Parappanangadi and bounded on;North: Madathile Parambu and AmbalakulamSouth: Panchayath VazhiEast: Ambalakulam and way to the KulamWest: Portion of paramba assigned earlier 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 461734

Price Check

This listing's reserve price works out to ₹469 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹2,749 per sq ft, so this one is 83% 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 461734), 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.