1,500 sq ft Land & Building for Auction in Thrissur – SIB

Property Details

Property type

Land & Building (Residential)

Possession

Not specified

Area

1,500 sq ft

Reserve price / sq ft

₹7,067

Locality

—

City

Thrissur

State

Kerala

Address

All that part and parcel of land admeasuring 20.91 Ares [16.86 Ares Ares + 4.05 Ares] along with Residential building having a built up area of about 1500 Sq Ft and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Sy No. 122/4 of Chavakkad Village, Chavakkad Taluk, Thrissur District, [Out of 20.91 Ares, 16.86 Ares owned by Mr Abdul Vahab KV and 4.05 Ares owned by Mrs Subaida], more fully described in Sale Deed No.1513/1987 dated 29.10.1987, Sale Deed No. 1514/1987 dated 31.10.1987 and Sale Deed No.733/1986 dated 28.04.1986, all of Sub Registrar Office Chavakkad and bounded as followsNorth Property of Muhammadunni NabeesaEast : Other Property of Hussain Fathima Abdul Vahab V KSouth: RoadWest: Other Property of Abdul Vahab V K and Arif View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Ollukara Branch

Auction type

SARFAESI Auction

Borrower

M/s M***** W****

Auction start

23 Oct 2026, 10:00 AM

Auction end

23 Oct 2026, 10:30 AM

EMD submission deadline

22 Oct 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

bankauctions.in (4Closure) · Listing 2416703

Price Check

This listing's reserve price works out to ₹7,067 per sq ft. The average across residential bank auctions in Thrissur on our site is ₹4,169 per sq ft, so this one is 70% 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 2416703), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹10,60,000 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 ₹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.