117.5 cent Land for Auction in Kochi – SIB

Property Details

Property type

Land (Land & Agricultural)

Possession

Not specified

Area

117.5 cent (≈ 51,183 sq ft)

Reserve price / sq ft

₹127

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 117.50 Cents (47.55 Ares) and all other usufructs and improvements thereon in Sy. No. 29/4, 31/1A situated in Alanallur-2 Village, Mannarkkad Taluk, Palakkad District, owned by Mr. Shafi Reneesh K P, more particularly described in Registered Jenmam Deed No. 1708/2018 dated 10.08.2018 of SRO Perinthalmanna, with following boundaries:- North: Property of Jameela and OthersEast: Property of Jameela and OthersSouth: Property of GopalakrishnanWest: Property of Gopalakrishnan and Way View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

06 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 461511

Price Check

This listing's reserve price works out to ₹127 per sq ft. The average across land & agricultural bank auctions in Kochi on our site is ₹1,592 per sq ft, so this one is 92% 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 461511), 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 6 Oct 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.