5.9 cent Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Physical Possession

Area

5.9 cent (≈ 2,570 sq ft)

Reserve price / sq ft

₹403

Locality

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City

Thrissur

State

Kerala

Address

All that part and parcel of Land admeasuring 2.39 Ares (5.90 Cents in actual possession) along with all other construction, improvements, Easementary Rights existing and appurtenant in Ward No IV of Karalam Panchayath thereon situated in Sy No.1329/4 within Karalam Village, Mukundapuram Taluk Thrissur District and owned by Mr. Sujith PS and Mr.Sumeth P S, more fully described In Sale Deed No.640/2009 dated 18.04.2009 (registered on 20.04.2009) of Sub Registrar Office Kattoor and bounded as follows follows North: Properties of Pattattu family East Properties of Pattattu Unnikrishnan South: Properties of Manjanamkattil Unnikrishnan West: Panchayath 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. S***** P S

Auction start

30 Sep 2026, 10:00 AM

Auction end

30 Sep 2026, 11:00 AM

EMD submission deadline

29 Sep 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2410405

Price Check

This listing's reserve price works out to ₹403 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,164 per sq ft, so this one is 90% 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 2410405), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹1,03,500 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.