15.2 cent Land & Building for Auction in Kochi – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

15.2 cent (≈ 6,621 sq ft)

Reserve price / sq ft

₹392

Locality

—

City

Kochi

State

Kerala

Address

(a) All that part and parcel of land admeasuring 15.20 Cents along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated under Sy No: 409/9, 408/19 within Puthenvellikkara Village, Paravur Taluk, Ernakulam District and owned by Mr Naijo K O morefully described in Sale Deed 175/03 dated 25-01-2003 and settlement deed 3211/07 dated 01-12-2007 of Sub Registrar Office-Chendamangalam and bounded onNorth: Property of JospehEast: Property of MathewSouth: Property of Antony and RoadWest: Property of Divakaran(Boundaries As per Location Sketch No: 7190/09 dated 27-07-2009 issued by Village Office Puthenvelikkara)(b)All that part and parcel of land admeasuring 5.51 Cents along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated under Sy No: 408/18/3 within Puthenvellikkara Village, Paravur Taluk, Ernakulam District and owned by Mr Naijo K O morefullydescribed in Settlement Deed 1393/2017 dated 27-12-2017 of Sub RegistratOffice-Chendamangalam and bounded onNorth: Property of NaijoEast: Property of NaijoSouth: Property of Chacko RoadWest: Property of Chacko Divakaran[As per records the two properties admeasuring 15.20 Cents 5.51 Cents 20.71 Cents. But currently 17.29 Cents is available] View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur East fort Branch

Auction type

SARFAESI Auction

Borrower

M/s F**** J***** P***** L*****

Auction start

07 Oct 2026, 10:00 AM

Auction end

07 Oct 2026, 10:30 AM

EMD submission deadline

06 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2392142

Price Check

This listing's reserve price works out to ₹392 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 91% 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 2392142), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,59,400 before 06 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 7 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.