3.36 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Symbolic Possession

Area

3.36 cent (≈ 1,463 sq ft)

Reserve price / sq ft

₹1,150

Locality

—

City

Thrissur

State

Kerala

Address

All that piece and parcel of land having an extent of 3.36 Cents (1.36 Ares) with all rights and improvements thereon Along with building in Old Survey No: 439/1, Re Sy No.394/3 Of Pottore Village, Thrissur Taluk, Thrissur District, owned by Mr Soufeeque Tharayil and more fully mentioned in Sale Deed No:163/18 dtd. 17.01.2018 registered at SRO Thrissur North : Road South : Property of Chirayath Konikkara Thomas East : Property of Property of Vazhapilly Rappai West : Property of Manoj View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thrissur Main Branch

Auction type

SARFAESI Auction

Borrower

Mr S***** T*****

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 2404258

Price Check

This listing's reserve price works out to ₹1,150 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 72% 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 2404258), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,68,300 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.