269.53 cent Land & Building for Auction in Idukki – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

269.53 cent (≈ 1,17,407 sq ft)

Reserve price / sq ft

₹204

Locality

—

City

Idukki

State

Kerala

Address

All that part and parcel of property having an extent of 109.08 Ares (269.53 Cents) of land with residential building having approx area of 4400 sq. ft. bearing No. IV/9 of Muttam Grama Panchayat and all other improvements in Sy. No.506/24, 506/28/4, 506/28/1,506/28/2 313/5/1, 314/1/2, Re Sy. No. 431/4, Block No. 17, Muttom Village, Thodupuzha Taluk, Idukki District in the name of Mr. Joseph Mathal, vide Sale deed No. 2513/1964 dated 15.12.1964, 1260/1966 dated 03.05.1966 and 1042/1988 dated 04.08.1988 of SRO Arakulam BOUNDED on the North by Property of Joseph Mathai Way, East by Property of Pappacher Makkuzhiyil, Benny Ponthanveetti Saji Ezhuthukalarikkal, South by Property of Ramakrashnan Pathinezhukalathi, West by Kokkambu Road, Thodu Property of Ramakrishrian.Item No. 2) All that part and parcel of property having an extent of 27.92 Ares (68.99 Cents) of land in Sy. No, 506/3/2, 506/3/1, Re Sy, No. 431/4, Block No.17, Muttom Village, Thodupuzha Taluk, Idukki District in the name of Mr.Joseph Mathai, vide Sale deed No. 856/77 dated 21.03.1977 of SRO Arakulam BOUNDED on the North by Property of Puthiyaveettil Family (Sankarapilly-Kokombu Road (Mlakuzhiyil Road) as per Location Sketch), East by Property of Plathottathil Family (Properties of MVIP, Pappachan Mlakuzhiyil, Benny Ponthanveettil Saji Ezhuthukalarikal) as per Location Sketch), South by Property of Joseph Mathal (Property of Ramakrishnan Pathinezinkulathu as per Location Sketch). West by Property of Sankara Pillai View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Thodupuzha Main Branch

Auction type

SARFAESI Auction

Borrower

M/s C***** F***** R*****

Auction start

13 Oct 2026, 10:30 AM

Auction end

13 Oct 2026, 11:00 AM

EMD submission deadline

12 Oct 2026, 04:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2402905

Price Check

This listing's reserve price works out to ₹204 per sq ft. The average across residential bank auctions in Idukki on our site is ₹5,682 per sq ft, so this one is 96% 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 2402905), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹24,00,000 before 12 Oct 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 13 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.