All auctions / Kerala / Azhikode

500 square feet Godowns for sale in Maheswara, Pappinisseri village Azhikode

Azhikode, Kannur, Kerala – 670009

State Bank of India · SARB Kozhikode - 70683

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Reserve price
₹92,31,000
EMD
₹9,23,100
Bid increment
₹50,000
Area
650 sq ft
Price per sq ft
₹14,202

This is the 3rd auction of this property. The last auction had a reserve of ₹92,31,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Pay EMD and submit bid by28 Oct 2026, 3:59 PM
  2. Auction28 Oct 2026, 11:00 AM – 4:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹92,31,000—Upcoming
30 Sep 2026₹92,31,000—Closed
2 Sep 2026₹92,31,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹9,23,100
Rest of 25% when you win (same or next day)
₹13,84,650
Balance 75%, usually within 15 days
₹69,23,250
Stamp duty and registration (about 5–8%, varies by state)
₹4.62 L – ₹7.38 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 · Godowns
Possession
Physical
Auction type
Bank sale (SARFAESI)
Address
All that part and parcel of land having a total extent of 23.06 Ares Re Sy No 191/1,Old Sy No 47/10,Pappinissery Amsom, Kannur Taluk, Kalliassery Sub District, in Kannur District covered by Sale deed No. 2139/2007 dated 25/8/2007 of Kalliassery SRO in the name of Sri Image Maheswaran with building, structures, improvements and easements attached thereto.
Borrower
M/s Maheswara Fibers

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