10 cent Commercial Land for Auction in Kochi – Dhanlaxmi

Property Details

Property type

Commercial Land (Commercial)

Possession

Not specified

Area

10 cent (≈ 4,356 sq ft)

Reserve price / sq ft

₹572

Locality

—

City

Kochi

State

Kerala

Address

0.0405 hector (10 cents) of residential cum commercial land in Re. Sy. No. 547 11pt of Vellinezhy Village, Palakkad Taluk, Palakkad District owned by Mr Sreenath Sankunni Sale Deed No 2067 1 2014 East Property of Kizhakkekara South PWD Road North Property of Sathyakumar West Pathway View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Dhanlaxmi Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

26 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 467983

Price Check

This listing's reserve price works out to ₹572 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹3,415 per sq ft, so this one is 83% 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.

Previous Auctions of This Property

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 (AuctionTiger · Auction ID 467983), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before —. It is refunded if you don't win.
5. Bid online on 26 Nov 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.