156.56 cent Land & Building for Auction in Kochi – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

156.56 cent (≈ 68,197 sq ft)

Reserve price / sq ft

₹544

Locality

—

City

Kochi

State

Kerala

Address

Description of property: All that part and parcel of land admeasuring 63.36 Ares (156.56) Cents) along with factory building thereon and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Re Sy No(s), 778/26 & 779/49 and as per Village Records Re Sy. No(s), 778/26-2, 778/26-2-2,779/49-2, 779/49-3 & 779/49-4 in Block No.19 of Manakunnam Village, Kanayannur Taluk, Ernakulam District, and owned by Mr. Teju PR, Mrs. Vin Teju & Mr. Nivin VS, morefully described in Sale Deed No. 1461/2008 dated 05-04-2008, Sale Deed No. 1460/2008 dated 05-04-2008, Sale Deed No. 1640/2008 dated 19-04-2008 & Sale Deed No. 1639/2008 dated 19-04-2008, all of Sub Registrar Office Tripunithura and Bounded on (as per deeds): Boundaries of 6.27 Ares in Re Sy. No. 778/26-2: North: Properties in Re Sy. No. 778/26; South: Panchayath Road: East: Properties In Re Sy. No. 778/25; West: Properties in Re Sy. No. 800; Boundaries of 19.65 Ares in Re Sy. No. 778/26-2-2: North: Properties in Re Sy. No. 779/49; South: Properties in Re Sy. No. 778/26, East: Properties in Re Sy. No. 778/25; West: Properties in Re Sy. No. 800, Boundaries of 15.26 Ares in Re Sy. No. 779/49-2, 779/49-3: North: Property of Vini Teju: South: Property of Nivin VS: East: Properties in Re Sy. No. 779/51; West: Properties in Re Sy. No. 800 Boundaries of 22.18 Ares in Re Sy. No. 779/49-4: North: Properties in Re Sy. No. 779/65 South: Property of Nivin VS; East: Properties in Re Sy. No. 779/12, 50 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Toch Ernakulam

Auction type

SARFAESI Auction

Borrower

M/s S**** I**** C*****

Auction start

30 Sep 2026, 10:00 AM

Auction end

30 Sep 2026, 10:30 AM

EMD submission deadline

29 Sep 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2369968

Price Check

This listing's reserve price works out to ₹544 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 88% 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 2369968), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹37,12,300 before 29 Sep 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Sep 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.