5 cent Commercial Building for Auction in Kochi – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Not specified

Area

5 cent (≈ 2,178 sq ft)

Reserve price / sq ft

₹329

Locality

—

City

Kochi

State

Kerala

Address

All that part and parcel of land adm. 1.62 ares and 0.40 ares, totally adm. 2.02 ares (equivalent to 5 cents) along with building adm. approx. 1200 sq.ft. and other usufructs and improvements thereon situated in Re. Sy. No. 2 09/16/2 & 209/4/1/1 (Old Sy. No. 256 & 256/2J) of Pazhavangadikara village, Ranni Taluk, within the Sub-Registration District of Ranni and within Pathanamthitta District in the name of Smt. Latha Purushothaman vide Sale Deed nos. 282/2016 dated 01.03.2016 & 281/2016 dated 01.03.2016, both of SRO Ranni and bounded as follows:Land adm. 1.62 aresNorth Property of Samuel East : Property of Abraham Thompummanil South Property of Jose Kallikattil West : Property of Raju Kallikattil Land adm. 0.40 ares North Panchayat Road East : Thompumannil Purayidom South Property of Thomas Kuriakose West Property of Thomas Jose View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

—

Auction type

SARFAESI Auction

Borrower

—

Auction start

17 Nov 2026

Auction end

—

EMD submission deadline

—

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468129

Price Check

This listing's reserve price works out to ₹329 per sq ft. The average across commercial bank auctions in Kochi on our site is ₹2,726 per sq ft, so this one is 88% 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 (AuctionTiger · Auction ID 468129), 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 17 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.