Commercial Building SARFAESI Auction

0.06 hectare Commercial Building for Auction in Kozhikode – SIB

Kozhikode, Kerala · Auction ID #77638

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Reserve Price ₹37,62,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 06 Oct 2026 In 5 days
EMD Last Date —
Area0.06 hectare

Property Details

Property type
Commercial Building (Commercial)
Possession
Not specified
Area
0.06 hectare (≈ 6,533 sq ft)
Reserve price / sq ft
₹576
Locality
—
State
Kerala
Address
All that part and parcel of land admeasuring 0.0607 hectares [approx. 15 cents] along with building having built in area of 1954 Sq.ft and all constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No. 195/3 [Old Re Sy Nos. 15/1,12 and 14/1] in Chathallur desom, Perakamanna Village, Ernad Taluk, Malappuram District and owned by Mr. Mujeeb Rahman NK more fully described in Jenmam Assignment Deed No. 5598/2010 dated 06.12.2010 of Sub Registrar Office Areekode and bounded on,North: Property left for 6 Ft pathEast: Property sold by PathummaSouth: Property of Chathunni NayarWest: Panchayath Road View on map

Description (as per sale notice)

All that part and parcel of land admeasuring 0.0607 hectares [approx. 15 cents] along with building having built in area of 1954 Sq.ft and all constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No. 195/3 [Old Re Sy Nos. 15/1,12 and 14/1] in Chathallur desom, Perakamanna Village, Ernad Taluk, Malappuram District and owned by Mr. Mujeeb Rahman NK more fully described in Jenmam Assignment Deed No. 5598/2010 dated 06.12.2010 of Sub Registrar Office Areekode and bounded on,North: Property left for 6 Ft pathEast: Property sold by PathummaSouth: Property of Chathunni NayarWest: Panchayath Road

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
—

Price Check

This listing's reserve price works out to ₹576 per sq ft. The average across commercial bank auctions in Kozhikode on our site is ₹5,312 per sq ft, so this one is 89% 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 461506), 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.

Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with South Indian Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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