0.17 acres Commercial Building for Auction in Kochi, Kochi – Canara

Property Details

Property type

Commercial Building (Commercial)

Possession

Symbolic Possession

Area

0.17 acres (≈ 7,405 sq ft)

Reserve price / sq ft

₹729

Locality

Kochi

City

Kochi

State

Kerala

Pincode

682051

Address

Kochi, Kerala, 682051 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

SUDHEESH B*** P S

Auction start

22 Oct 2026, 10:30 AM

Auction end

22 Oct 2026, 11:30 AM

EMD submission deadline

22 Oct 2026, 10:00 AM

Inspection

—

Authorised officer

sandeep

Officer contact

8870939818

E-auction portal

BAANKNET (Property ID CNRBSUDHEESHBABU)

Price Check

This listing's reserve price works out to ₹729 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹3,415 per sq ft, so this one is 79% 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 CNRBSUDHEESHBABU)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 22 Oct 2026, 10:00 AM. 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.