Other Asset for Auction in Palakkad – Axis

Property Details

Property type

Other Asset (Others)

Possession

Physical Possession

Locality

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City

Palakkad

State

Kerala

Address

SCHEDULE -I:- ALL THAT PIECE AND PARCEL OF THE PROPERTY ALONG WITH ALL OTHER IMPROVEMENTS THEREIN HAVING A TOTAL EXTENT OF 20 ARES, SCHEDULE -II:- HAVING A TOTAL EXTENT OF 30 ARES SURVEY NOS.398/1A1A OF ALANALUR III VILLAGE, MANARKKAD TALUK, ALANALUR SUB DISTRICT IN PALAKKAD DISTRICT. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Axis Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

AFSAL B*** P V K

Auction start

15 Oct 2026

Auction end

—

EMD submission deadline

14 Oct 2026

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

Axis Bank (sale notice)

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues (open notice).
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 (Axis Bank (sale notice)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,50,000 before 14 Oct 2026. It is refunded if you don't win.
5. Bid online on 15 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.