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CommercialPast auctionVerified listing

Commercial in Ernakulam

Ernakulam, Aluva

Reserve price
₹3.05 Cr
Auction date
28 Jan 2026
12:00 PM
EMD deadline
28 Jan 2026
5:00 PM
Bid increment
₹5,00,000.00

Auction timeline

Auction starts
28 Jan 2026 at 12:00 PM
Auction ends
28 Jan 2026 at 5:00 PM
EMD submission deadline
28 Jan 2026 at 5:00 PM

EMD must be submitted before this time to be eligible to bid.

Property overview

Type
Commercial
Sub Type
Godowns
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹3.05 Cr
Property Identifiers
Bank Property ID
UBINEKLEKA8022E

Location details

Property Address
An area of land admeasuring 29.80 Ares (as per recent survey 29.62 Ares) in Block No. 34 in Choornikkara Village consisting of 16 Ares in Re-Survey No. 51/7 and 13.80 Ares in Re-Survey No. 51/8, together with right of way over the private roads on its southern, northern and eastern boundaries, covered by Sale Deed Nos. 139/1982; 5018/1984 and 4113/1988 and Release Deed Nos. 4114/1988 and 4115/1988, all of Aluva Sub Registry Office owned by Late Mr.I.Basheer represented by legal heirs Mrs. P.K Beefathu, Mr.P.B. Ashraf, Mr. P.B. Sheriff, Ms.P.B. Shakeela, Mr.P.B.Araf & Mr.P.B Manaf. (As per the title deed, the property is (i) 10.72 Ares in old Survey No. 345/2 described in item No. 1 of the Schedule to Sale Deed No. 139/1982 and item No. 1 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office(ii) 12.54 Ares (including area left for private road) in old Survey No. 345/1B described in item No. 2 of the Schedule to Sale Deed No. 139/1982 and item No. 2 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office (iii) 4.86 Ares (including area left for private road) in old Survey No. 345/1B described in Sale Deed No.5018/1984 and item No. 3 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office and (iv) 5.46 Ares (including area left for private road) in old Survey No. 345/1B in Aluva village described in Sale Deed No. 4113/1988 and Release Deed No.4114/1988 of Aluva Sub Registry Office).(Mentioned as item No.3 in the Demand Notice)
Locality: Ernakulam
City: Aluva
District: Ernakulam
State: Kerala
Pin Code: 683106
Country: India
Nearest Airport / Railway Station / Bus Stand
Ernakulam

Borrower & Loan details

Borrower Name
Manaf P B
Registered Address of Borrower
Puthiyedathu House, Thaikkattukara, Muttam, Aluva. PIN- 683 106
Owner
Late Mr.I.Basheer represented by legal heirs Mrs. P.K Beefathu, Mr.P.B. Ashraf, Mr. P.B. Sheriff, Ms.P.B. Shakeela, Mr.P.B.Araf & Mr.P.B Manaf
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹12.72 Cr
NPA Date
29 Apr 2018
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Customer ID
200048022
Demand Notice
Notice Date
02 Dec 2019
Possession Dates
Symbolic
28 Feb 2020

Additional details

Description
An area of land admeasuring 29.80 Ares (as per recent survey 29.62 Ares) in Block No. 34 in Choornikkara Village consisting of 16 Ares in Re-Survey No. 51/7 and 13.80 Ares in Re-Survey No. 51/8, together with right of way over the private roads on its southern, northern and eastern boundaries, covered by Sale Deed Nos. 139/1982; 5018/1984 and 4113/1988 and Release Deed Nos. 4114/1988 and 4115/1988, all of Aluva Sub Registry Office owned by Late Mr.I.Basheer represented by legal heirs Mrs. P.K Beefathu, Mr.P.B. Ashraf, Mr. P.B. Sheriff, Ms.P.B. Shakeela, Mr.P.B.Araf & Mr.P.B Manaf. (As per the title deed, the property is (i) 10.72 Ares in old Survey No. 345/2 described in item No. 1 of the Schedule to Sale Deed No. 139/1982 and item No. 1 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office(ii) 12.54 Ares (including area left for private road) in old Survey No. 345/1B described in item No. 2 of the Schedule to Sale Deed No. 139/1982 and item No. 2 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office (iii) 4.86 Ares (including area left for private road) in old Survey No. 345/1B described in Sale Deed No.5018/1984 and item No. 3 of the Schedule to Release Deed No.4115/1988 of Aluva Sub Registry Office and (iv) 5.46 Ares (including area left for private road) in old Survey No. 345/1B in Aluva village described in Sale Deed No. 4113/1988 and Release Deed No.4114/1988 of Aluva Sub Registry Office).(Mentioned as item No.3 in the Demand Notice)

EMD Schedule

EMD Start
23 Jan 2026
5:36 PM
EMD Deadline
28 Jan 2026
5:00 PM
Payment Deadline
28 Jan 2026

Officer Details

Authorized Officer
NIVIN NARAYAN
CHIEF MANAGER

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹5,00,000.00
Extension Increment
₹5,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes

Ownership & Legal

Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Property ID
UBINEKLEKA8022E

Nearby Amenities

Nearest Station
Ernakulam
Union Bank of India
Verified seller
Branch: ASSET RECOVERY BRANCH ERNAKULAM-579041
IFSC: UBIN

Bank contact

+91 99999 99999
Branch Address
UNION BANK BHAVAN, 2nd FLOORM.G.ROAD , NEAR SHENOYS, ERNAKULAMPO - ERNAKULAMKOCHI, ERNAKULAM, KERALAPin Code - 682035
Branch IFSC
UBIN0579041
Department
ASSET RECOVERY BRANCH ERNAKULAM-579041