Property for Auction in Palakkad – Axis

Property Details

Property type

Others (Others)

Possession

Physical Possession

Locality

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City

Palakkad

State

Kerala

Address

Sy.No 15/2B Situated at Ottapalam No 1 village,Ottapalam Taluk,Palakkad district View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Axis Bank

Branch

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Auction type

SARFAESI Auction

Borrower

SHAMEER T A

Auction start

09 Oct 2026

Auction end

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EMD submission deadline

08 Oct 2026

Inspection

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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 ₹6,41,320 before 08 Oct 2026. It is refunded if you don't win.
5. Bid online on 9 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.