725 sq meter House for Auction in Thiruvananthapuram, Varkala, Thiruvananthapuram – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

725 sq meter (≈ 7,803 sq ft)

Reserve price / sq ft

₹494

Locality

Thiruvananthapuram, Varkala

City

Thiruvananthapuram

State

Kerala

Pincode

695312

Address

Thiruvananthapuram, Varkala, Kerala, 695312 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB THIRUVANANTHAPURAM-10058

Auction type

SARFAESI Auction

Borrower

SATISH S*****

Auction start

15 Oct 2026, 11:00 AM

Auction end

15 Oct 2026, 04:00 PM

EMD submission deadline

15 Oct 2026, 11:00 AM

Inspection

—

Authorised officer

SHARON JOSEPH, AUTHORISED OFFICER

Officer contact

9447967161

E-auction portal

BAANKNET (Property ID SBIN200061153671)

Price Check

This listing's reserve price works out to ₹494 per sq ft. The average across residential bank auctions in Thiruvananthapuram on our site is ₹2,553 per sq ft, so this one is 81% 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 (BAANKNET (Property ID SBIN200061153671)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 15 Oct 2026, 11:00 AM. It is refunded if you don't win.
5. Bid online on 15 Oct 2026 starting above the reserve price.
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.