6.25 cent Commercial Building for Auction in Thiruvananthapuram – SIB

Property Details

Property type

Commercial Building (Commercial)

Possession

Physical Possession

Area

6.25 cent (≈ 2,722 sq ft)

Reserve price / sq ft

₹2,749

Locality

—

City

Thiruvananthapuram

State

Kerala

Address

All that part and parcel of land admeasuring 2.53 Ares (6.25 Cents) along with building and all other constructions, improvements, easementary rights existing and appurtenant thereon situated in Old Sy. No.1169/2/7 and 1169/2/7/1, Re Sy. No.50 within Block No.138 of Varkala Village, Varkala Taluk, Thiruvananthapuram District and owned by Mr. Habibulla Rahim B, morefully described in Sale Deed No. 2840/2022/1 dated 30-09-2022 of Sub Registrar Office -Varkala and BOUNDED ON: North Property of Prasannakumar, South Property of Fathima Shaji, East: Property of Thankappan, West Road. View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

South Indian Bank

Branch

Varkala Branch

Auction type

SARFAESI Auction

Borrower

Mr. H***** R**** B

Auction start

18 Nov 2026

Auction end

18 Nov 2026, 12:30 PM

EMD submission deadline

17 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

—

Officer contact

—

E-auction portal

AuctionTiger · Auction ID 468185

Price Check

This listing's reserve price works out to ₹2,749 per sq ft. The average across commercial bank auctions in Thiruvananthapuram on our site is ₹5,782 per sq ft, so this one is 52% 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 468185), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of ₹7,48,400 before 17 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.