6 cent Commercial Building for Auction in Thrissur – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

6 cent (≈ 2,613 sq ft)

Reserve price / sq ft

₹2,037

Locality

—

City

Thrissur

State

Kerala

Address

All that piece and Parcel of land having an extent Approximately equivalent to 6 Cents with all rights and improvements thereon along with building having an approximate area of 800 Sq. ft. situated in Talikulam Panchayath constructed thereon in Survey No. 191/7, in Talikulam Village, Chavakkad Taluk, Thrissur District, owned by Mr Noorudheen Shah and more fully mentioned in Sale Deed No. 540 of 1998 dated 16/04/1998 registered at Sub Registrar Office, Vadanappilly and bounded on North by Property of Gopalan Puliparambil, South by Road, East by Property of Panikkeveetil Salim and West by Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

07 Oct 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 462252

Price Check

This listing's reserve price works out to ₹2,037 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹5,281 per sq ft, so this one is 61% 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 462252), 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 7 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.