All auctions / Kerala / Cheriyamundam
1900 square feet Shops for sale in Cheriyamundam
Cheriyamundam, Malappuram, Kerala – 676551
Canara Bank · ERNAKULAM SPECIALISED ARM BRANCH
- Reserve price
- ₹36,50,000
- EMD
- ₹3,65,000
- Bid increment
- ₹50,000
- Area
- 1,900 sq ft
- Price per sq ft
- ₹1,921
This is the 7th auction of this property. The reserve price is 5.2% lower than at the last auction (₹38,50,000 on 16 Sep 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Pay EMD and submit bid by29 Oct 2026, 10:00 AM
- Auction29 Oct 2026, 10:30 AM – 11:30 AM · in 14 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 29 Oct 2026 | ₹36,50,000 | -5.2% | Upcoming |
| 16 Sep 2026 | ₹38,50,000 | — | Closed |
| 20 Aug 2026 | ₹38,50,000 | -9.4% | Closed |
| 26 Jun 2026 | ₹42,50,000 | — | Closed |
| 15 May 2026 | ₹42,50,000 | -1.2% | Closed |
| 17 Apr 2026 | ₹43,00,000 | — | Closed |
| 26 Mar 2026 | ₹43,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹3,65,000
- Rest of 25% when you win (same or next day)
- ₹5,47,500
- Balance 75%, usually within 15 days
- ₹27,37,500
- Stamp duty and registration (about 5–8%, varies by state)
- ₹1.82 L – ₹2.92 L
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Shops
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- All that part and parcel of property consisting of land having an extent of 0.82 Ares in Re Sy No.450/6P and 0.52 Ares in Re Sy No.450/5B in along with a commercial building thereon in Kalpakancherry village, Tirur Taluk, Malappuram District
- Borrower
- M/s Irshad Travels
Similar auctions nearby
-
30Oct
870 square feet Plot for sale in Manjeri
Manjeri, Malappuram, Kerala
Canara Bank Commercial · Plot
4th auction870 sq ftSymbolic possession
in 15 days
₹36.50 L
₹4,195/sq ft
-
27Oct
Plot for sale in Thiruvananthapuram
Thiruvananthapuram, Kerala
Canara Bank Commercial · Plot
Symbolic possession
in 12 days
₹36.50 L
EMD ₹3.65 L
-
30Oct
₹36.53 L
₹883/sq ft
-
3Nov
Commercial auction in Kozhikode
Kozhikode, Kerala
South Indian Bank Commercial
4,359 sq ft
in 19 days
₹36.02 L
₹826/sq ft