6.02 cent Land & Building for Auction in Kottayam – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

6.02 cent (≈ 2,622 sq ft)

Reserve price / sq ft

₹1,164

Locality

—

City

Kottayam

State

Kerala

Address

All that part and parcel of Land admeasuring 2.44 Ares (6.02 Cents) along with residential building thereon admeasuring built up area of 1566.79 sq ft. (approx) of Pallickathod Panchayath in Block No. 46, along with all other construction, improvements Easamentary Rights existing and appartenant thereon situated in Old Sy No. 301/24:20. Re Sy No. 44/5-1-4-1 within Anickad Village, Kottayam Taluk, Kottayam District and in the name of Late AK. Anoopkumar (inherited by his legal heirs viz., (1) Mrs. Ajithakumari, (2) Minor Gouri Shankar A (Rep by M/G Mrs. Ajitha Kumari), (3) Mr. Krishnapilla, (4) Mrs. Santhamma) and Mrs. Asthakumari, morefully described in Sale Deed No. 280/2017, dated 13-03-2017 of Sub Registrar trar Office-Vazhoor Vazhoor, and BOUNDED AS: North: Property of Vijayappen Pulikkunnel, South Footpach, East Road, West Property of Vijayappan Pulikkunne View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Pampady Branch

Auction type

SARFAESI Auction

Borrower

Mrs. A*****

Auction start

31 Oct 2026, 10:30 AM

Auction end

31 Oct 2026, 11:30 AM

EMD submission deadline

30 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2404978

Price Check

This listing's reserve price works out to ₹1,164 per sq ft. The average across residential bank auctions in Kottayam on our site is ₹3,781 per sq ft, so this one is 69% 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 2404978), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹3,05,300 before 30 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 31 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.