2.77 sq ft Commercial Building for Auction in Velappaya Village, Thrissur, Killannur, Thrissur – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

2.77 sq ft (≈ 2 sq ft)

Reserve price / sq ft

₹15,52,347

Locality

Velappaya Village, Thrissur, Killannur

City

Thrissur

State

Kerala

Pincode

680581

Address

VELAPPAYA VILLAGE, THRISSUR, Killannur, Kerala, 680581 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

ERNAKULAM SPECIALISED ARM BRANCH

Auction type

SARFAESI Auction

Borrower

Panchami T*****

Auction start

22 Oct 2026, 12:30 PM

Auction end

22 Oct 2026, 01:30 PM

EMD submission deadline

22 Oct 2026, 12:00 PM

Inspection

—

Authorised officer

vishnu v satheesh

Officer contact

9744633365

E-auction portal

BAANKNET (Property ID CNRBPANCHAMI3)

Price Check

This listing's reserve price works out to ₹15,52,347 per sq ft. The average across commercial bank auctions in Thrissur on our site is ₹4,495 per sq ft, so this one is 34435% 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 (BAANKNET (Property ID CNRBPANCHAMI3)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 22 Oct 2026, 12:00 PM. It is refunded if you don't win.
5. Bid online on 22 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.