1,000 sq ft Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

1,000 sq ft

Reserve price / sq ft

₹928

Locality

—

City

Kasaragod

State

Kerala

Address

All that part and parcel of residential land admeasuring 2.02 Ares along with building having built in area of 1000 Sq.Ft.(approx.)bearing Door No.10/1142 and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No. 210/1A1A3pt4 of Thekkil Village, Kasaragod Taluk, Kasaragod District owned by Mr.Muhammed Kunhi T, more fully described in Jenm Sale Deed No.2407/2019 dated 06.09.2019 of Sub Registrar Office Uduma and bounded onNorth: Property of ShabumonEast Property of Areefa BeeviSouth: Panchayath RoadWest Property of Pallikunhi View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Cherkala Branch

Auction type

SARFAESI Auction

Borrower

Mr M***** K**** T

Auction start

03 Oct 2026, 11:30 AM

Auction end

03 Oct 2026, 12:00 PM

EMD submission deadline

01 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2394017

Price Check

This listing's reserve price works out to ₹928 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 58% 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 2394017), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹92,800 before 01 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 3 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.