2,620 sq ft Land & Building for Auction in Kasaragod – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

2,620 sq ft

Reserve price / sq ft

₹2,515

Locality

—

City

Kasaragod

State

Kerala

Address

All that part and parcel of residential land admeasuring 9.70 Ares (24 Cents) [1.82 Ares+2.22Ares+4.45 Ares+1.21 Ares Half right over 1.21 Ares and used as Way along with Residential Building admeasuring 2620 Sq.Ft(approx.) bearing Door No.XII/502A2 along with all other constructions, improvements, easementary rights existing and appurtenant thereon situated in ReSyNo.190/2pt 4.45 Ares ,132/pt 1.82Ares+2.22Ares+Half right of 1.21 Ares] within Chengala Village, Kasargod Taluk, Kasargod District owned by Mr.Sameer T M, more fully described in Registered Sale Deed No.2245/1997 dated 14.07.1997, Registered Sale Deed No. 1437/2011 dated 21.02.2011, Joint Jenm Right Release Deed No. 1438/2011 dated 25.02.2011 and Registered Sale Deed No.3331/2013 dated 04.06.2013, all of Sub Registrar Office Kasargod and bounded as follows.North Property of Moideen Kunhi: Property of Beepathumma East South Property of Naseer, Thafseed and Beepathumma West Panchayat Road Physical Possession 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, 10:00 AM

Auction end

14 Oct 2026, 10:30 AM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2405287

Price Check

This listing's reserve price works out to ₹2,515 per sq ft. The average across residential bank auctions in Kasaragod on our site is ₹2,187 per sq ft, so this one is 15% above 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 2405287), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹6,58,800 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.