11 cent Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

11 cent (≈ 4,791 sq ft)

Reserve price / sq ft

₹65

Locality

—

City

Kasaragod

State

Kerala

Address

All that part and parcel of land admeasuring 4.45 Ares ie 11 cents along with all constructions, improvements, easementary rights existing and appurtenant thereon in Re Sy No.72/2K in Kidoor Village, Manjeshwar Taluk, Kasargod District owned by Mr.Sameer T M, more fully described in Registered Sale Deed No.2641/2016 dated 16.07.2016 of Sub Registrar Office Badiadka and bounded as follows.North : Lands of AyishaEast : Panchayat Road South Lands of Mohammed West : Lands of Ayisha 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 S***** TM

Auction start

14 Oct 2026, 11:30 AM

Auction end

14 Oct 2026, 12:00 PM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405309

Price Check

This listing's reserve price works out to ₹65 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 97% 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 2405309), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹31,200 before 13 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 14 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.