1,600 sq ft Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,600 sq ft

Reserve price / sq ft

₹1,578

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 1.77 Ares along with residential building having a plinth area of about 1600 Sq Ft bearing Door No. XXVIII/306 of Chalakudy Muncipality and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy.No.404/4 of Padinjare Chalakudy Village, Chalakudy (Previously Mukundapuram) Taluk, Thrissur District and owned by Mr Padmanabhan M, more fully described in Sale Deed No.4750/2011 dated 24.10.2011 of Sub Registrar Office Chalakudy and bounded as follows North Road East Property of Karappan Alex & Martin South Property of Sabu Pathiyaparambu West Property of Amrutha Nivas Thilakan View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Chalakudy Main

Auction type

SARFAESI Auction

Borrower

Mrs. T*****

Auction start

16 Oct 2026, 12:00 PM

Auction end

16 Oct 2026, 01:00 PM

EMD submission deadline

15 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2412751

Price Check

This listing's reserve price works out to ₹1,578 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 2412751), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,52,400 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.