10,000 sq ft Land & Building for Auction in Kochi – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

10,000 sq ft

Reserve price / sq ft

₹2,066

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land admeasuring 73.89 ares ie 182.50 Cents [27.52 Ares +46.37 Ares] with Residential building admeasuring 10000 Sq.Ft [approx.] along with all other constructions, improvements, Easementary Rights existing and appurtenant thereon situated in Sy.No. 978/4A1 of Kallurkad Village, Muvattupuzha Taluk, Ernakulam District and owned by Mr Tony TA, more fully described in Settlement Deed No. 555/2017 dated 16.05.2017 of Sub Registrar Office Kallurkad and bounded as follows.North: Property of SujithEast Property of KochukudiyilSouth: RoadWest: Road View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Kodungallur Branch

Auction type

SARFAESI Auction

Borrower

Mr T*** T A

Auction start

14 Oct 2026, 11:30 AM

Auction end

14 Oct 2026, 12:30 PM

EMD submission deadline

13 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2409701

Price Check

This listing's reserve price works out to ₹2,066 per sq ft. The average across residential bank auctions in Kochi on our site is ₹4,416 per sq ft, so this one is 53% 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 2409701), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹20,65,500 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.