1,100 sq ft Land & Building for Auction in Kochi – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

1,100 sq ft

Reserve price / sq ft

₹2,884

Locality

—

City

Kochi

State

Kerala

Address

All that Part and Parcel of land admeasuring 4.05 Ares property with residential building of approximate 1100 Sq Ft of Eloor Municipality comprised in Old Sy No. 211/2, Re Sy No. 75. IN Block No. 25 in Eloor village, Paravur Taluk owned by Sreekumar Menon more derived vide Sale Deed No. 5228/2013 of Alangad SRO bounder on the North: Private Road, East: Private Road and Property of Kochu Kadeeja & Jameela, South: Property of Ambika Wio Parameswaran Pillai, West: Property of Sulekha and James View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kalamassery

Auction type

SARFAESI Auction

Borrower

Mr. S***** M****

Auction start

13 Oct 2026, 10:00 AM

Auction end

13 Oct 2026, 10:30 AM

EMD submission deadline

12 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402758

Price Check

This listing's reserve price works out to ₹2,884 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 35% 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 2402758), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,17,250 before 12 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 13 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.