19 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

19 cent (≈ 8,276 sq ft)

Reserve price / sq ft

₹447

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 19 cents in along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated under Sy No. 407 within Chengalur Village, Mukundapuram Taluk, Thrissur District and owned by Mr. Marson Cheriyan morefully described in Sale Deed No. 900/88 dated 03-03-1988 of Sub Registrar Office Nellayi and bounded on North: Road East: Road South: Private Road for Davis West: Property of Davis View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kozhikode West Hill Branch

Auction type

SARFAESI Auction

Borrower

Mr M***** C*****

Auction start

15 Oct 2026, 10:00 AM

Auction end

15 Oct 2026, 10:30 AM

EMD submission deadline

14 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405220

Price Check

This listing's reserve price works out to ₹447 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 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 (bankauctions.in (4Closure) · Listing 2405220), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,70,000 before 14 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 15 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.