4.91 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

4.91 cent (≈ 2,138 sq ft)

Reserve price / sq ft

₹1,599

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of residential land admeasuring 1.99 Ares 4.91 Cents along with building having built in area of about 2650 Sq. Ft, bearing Door No. XX/615 and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy.No. 629/2,Re.Sy.No. 17/59 of Marathakkara Village, Thrissur Taluk, Thrissur District and owned by Mrs Omana Babu,more fully described in Sale Deed No.6518/1995 dated 16.11.1995 and Rectification Deed No.5079/1998 dated 09.12.1998,both of Sub Registrar Office Kuttanellur and bounded -North :Property of Parakkal Vasu.South : Property of Kuruthukullengara Mathappan.East : Property of Keettikkal Mary West : Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur M G Road Branch

Auction type

SARFAESI Auction

Borrower

Mr S**** K O

Auction start

16 Oct 2026, 10:30 AM

Auction end

16 Oct 2026, 11:00 AM

EMD submission deadline

15 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2404231

Price Check

This listing's reserve price works out to ₹1,599 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 62% 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 2404231), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,42,000 before 15 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 16 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.