2,000 sq ft Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

2,000 sq ft

Reserve price / sq ft

₹1,122

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 8.29 Ares (Equivalent to 20.48 cents) [i.e. 7.48 Ares / 18.48 cents in Sy. No. 100/2A1 + 0.81 Ares / 2cents in Sy. No. 100/1A1 as 1/4 th share in 3.5 metre wide road from southern end of said 7.48 Ares to north connecting it to the road on the eastern side] along with Approx.2000Sq.ft. residential building bearing No. 12 / 99A of Puthenchira Panchayath and all other usufructs and improvements thereon situated in Puthenchira Village, Mukundapuram Taluk, Thrissur District, owned by Mr. Giljo V. @ Giljo Varghese, more particularly described in Sale Deed No. 1927 / I / 2011 dated 30.09.2011 of SRO, Mala, with following boundaries: North : Properties of Sunil and Madathil Pappan East : Road, Property of Sunil South : Road West : Property of Vijayan View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

KAVILKADAVU BRANCH

Auction type

SARFAESI Auction

Borrower

Mr. G***** K**

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 2412736

Price Check

This listing's reserve price works out to ₹1,122 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 73% 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 2412736), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹2,24,400 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.