12.25 cent Land & Building for Auction in Malappuram – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

12.25 cent (≈ 5,336 sq ft)

Reserve price / sq ft

₹9,370

Locality

—

City

Malappuram

State

Kerala

Address

All that part and parcel of land admeasuring 4.95 Ares (equivalent to 12.250 Cents) in Sy. No. 321/7, 10.83 Ares (equivalent to 26.750 Cents) in Sy. No. 321/12, 14.85 Ares (equivalent to 36.694 Cents) in Sy. No. 321/13 totally admeasuring 30.64 Ares (equivalent to 75.694 Cents)], [As per revenue records, He Sy. No. is 46/5), along with cinema theatre buildings having built up area of 15,750 Sq. Ft. (approximately) and all other usufructs and improvements thereon and right of motorable road access though the road having width of 20 feet, in Old Sy. No. 187/17, situated in Tanur Village, Tirur Taluk, Malappuram District, owned by Ms. PV Sadasiva Cinema Pvt Ltd., more fully described in Sale Deed No. 4198/2007 dated 15/12/2007 of SRO Tirur BOUNDARIES (As per Location Map/Certificate issued by Village Office, Tanur East: Private way and property of Puthenveettil Sheeba and others, South: Property of Yusuf, West: Property of Puthenveettil Ramakrishnan and others, North: Property of Puthenveettil Sheeba and others View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Tirur Branch

Auction type

SARFAESI Auction

Borrower

Mr. N***** P S

Auction start

23 Oct 2026, 11:30 AM

Auction end

23 Oct 2026, 12:00 PM

EMD submission deadline

22 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410079

Price Check

This listing's reserve price works out to ₹9,370 per sq ft. The average across residential bank auctions in Malappuram on our site is ₹5,364 per sq ft, so this one is 75% 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 2410079), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹50,00,000 before 22 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 23 Oct 2026 starting above the reserve price, in multiples of ₹50,000.
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.