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5059 square meter Individual House for sale in Palakkad

Palakkad, Kerala – 678003

Indian Bank · PIRAYIRI - 1533

Open sale notice (PDF) View on BAANKNET

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Reserve price
₹22,50,000
EMD
₹2,25,000
Bid increment
₹50,000

This is the 2nd auction of this property. The last auction had a reserve of ₹22,50,000. Unsold properties usually come back at a lower reserve.

Key dates

  1. Inspect the property12 Oct 2026, 10:00 AM – 27 Oct 2026, 4:00 PM
  2. Pay EMD and submit bid by28 Oct 2026, 4:59 PM
  3. Auction28 Oct 2026, 11:00 AM – 5:00 PM · in 13 days

Auction history

Every auction of this property we have on record
Auction dateReserve priceChangeResult
28 Oct 2026₹22,50,000—Upcoming
25 Sep 2026₹22,50,000—Closed

What you'd pay at the reserve price

EMD, before the auction
₹2,25,000
Rest of 25% when you win (same or next day)
₹3,37,500
Balance 75%, usually within 15 days
₹16,87,500
Stamp duty and registration (about 5–8%, varies by state)
₹1.13 L – ₹1.80 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
Physical
Auction type
Bank sale (SARFAESI)
Address
PALAKKAD
Borrower
DREAMAM ENTERPRISES

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