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145 square meter Individual House for sale in Palakkad

Palakkad, Kerala – 678001

Canara Bank · ERNAKULAM SPECIALISED ARM BRANCH

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹70,00,000
EMD
₹7,00,000
Bid increment
₹50,000
Area
1,561 sq ft
Price per sq ft
₹4,485

This is the 4th auction of this property. The reserve price is 2.8% lower than at the last auction (₹72,00,000 on 20 Aug 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by22 Oct 2026, 10:00 AM (EMD closes in 4 days)
  2. Auction22 Oct 2026, 10:30 AM – 11:30 AM · in 4 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
22 Oct 2026₹70,00,000-2.8%Upcoming
20 Aug 2026₹72,00,000—Closed
22 Jul 2026₹72,00,000-10.0%Closed
18 Jun 2026₹80,00,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹7,00,000
Rest of 25% when you win (same or next day)
₹10,50,000
Balance 75%, usually within 15 days
₹52,50,000
Stamp duty and registration (about 5–8%, varies by state)
₹3.50 L – ₹5.60 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
Residential · Individual House
Possession
Symbolic
Auction type
Bank sale (SARFAESI)
Address
All that part and parcel of the immovable property to an extent of 8.93 ares of land in Re Sy No: 25,26,27 (Comprising 0.21 are in Re Sy No.25, 3.59 are in Re Sy No.26 & 5.13 are in Re Sy No.27) along with a residential building thereon at Palakkad 1 Village, Palakkad Taluk, Palakkad District
Borrower
M/s. BALYA CEMENT PRIVATE LTD

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