Land & Building SARFAESI Auction

14.5 cent Land & Building for Auction in Palakkad – Dhanlaxmi

Palakkad, Kerala · Auction ID #88594

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Reserve Price ₹47,00,000
EMD (Earnest Money)₹4,70,000
Bid Increment₹10,000
Auction Date 19 Nov 2026, 10:00 AM In 4 days
EMD Last Date 18 Nov 2026, 04:00 PM In 3 days
Area14.5 cent
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Property Details

Property type
Land & Building (Residential)
Possession
Not specified
Area
14.5 cent (≈ 6,316 sq ft)
Reserve price / sq ft
₹744
Locality
—
State
Kerala
Address
All that piece and parcels of Immovable property admeasuring 5.87Ares 14.50 cents of land with residential building and all further improvements thereon under Sy no 98/7 at Pattambi Village, Ottappalam Taluk, Palakkad District in the name of Smt Sheeba as per the Jenmam assignment deed no - 1347/1/2009 of SRO Pattambi Boundaries : East- Way, North - Way ,West - Share Portion, South -Share Portion View on map

Description (as per sale notice)

Land with residential building admeasuring 5.87Ares. All that piece and parcels of Immovable property admeasuring 5.87Ares 14.50 cents of land with residential building and all further improvements thereon under Sy no 98/7 at Pattambi Village, Ottappalam Taluk, Palakkad District in the name of Smt Sheeba as per the Jenmam assignment deed no - 1347/1/2009 of SRO Pattambi Boundaries : East- Way, North - Way ,West - Share Portion, South -Share Portion
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Bank & Auction Details

Bank / Lender
Dhanlaxmi Bank
Branch
Pattambi Branch
Auction type
SARFAESI Auction
Borrower
M/s L***** A*****
Auction start
19 Nov 2026, 10:00 AM
Auction end
19 Nov 2026, 04:00 PM
EMD submission deadline
18 Nov 2026, 04:00 PM
Inspection
—
Authorised officer
—
Officer contact
—
E-auction portal
4Closure · Listing 2422719
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Price Check

This listing's reserve price works out to ₹744 per sq ft. The average across residential bank auctions in Palakkad on our site is ₹1,958 per sq ft, so this one is 62% 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 (4Closure · Listing 2422719), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of ₹4,70,000 before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
  5. Bid online on 19 Nov 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.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with Dhanlaxmi Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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