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CommercialPast auctionVerified listing

Commercial in Kottakal

Kottakal, Kizhuparamba

Reserve price
₹2.92 Cr
Auction date
28 Jan 2026
11:00 AM
EMD deadline
17 Oct 2025
4:00 PM
Bid increment
₹50,000.00

Auction timeline

Auction starts
28 Jan 2026 at 11:00 AM
Auction ends
28 Jan 2026 at 4:00 PM
EMD submission deadline
17 Oct 2025 at 4:00 PM

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

Property overview

Type
Commercial
Sub Type
Plot
Area
48.45 sq m (Carpet)
Possession Status
Symbolic
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹2.92 Cr
Property Identifiers
Bank Property ID
SBIN400030674098
CERSAI ID
400030674098
Collateral ID
400030674098

Location details

Property Address
All that part and parcel of the property admeasuring in 9.11 Ares (22.50 Cents) of land in Re Sy. No.202/7 (Old Sy No.63/4) Block No.39 in Kottakkal Village, Thirur Taluk with in the Registration Sub District Kottakkal of Malappuram District, standing in the joint names of Sri. P Salim and Sri. Shoukathali vide sale Deed No: 3430/2013 dated 05.08.2013 of Kottakkal SRO, with building and all improvements, structures and easements attached thereto
Locality: Kottakal
City: Kizhuparamba
District: Malappuram
State: Kerala
Pin Code: 673645
Country: India
Carpet Area: 48.45 sq m

Price history

4 previous auctions
₹2.9Cr23 Sep₹2.9Cr₹2.9CrNow
₹2,92,00,000.00
23 Dec 2025
Commercial
State Bank of IndiaPossession: Symbolic
₹2,92,00,000.00
28 Nov 2025
Commercial
State Bank of IndiaPossession: Symbolic
₹2,92,00,000.00
17 Oct 2025
Commercial
State Bank of IndiaPossession: Symbolic

Borrower & Loan details

Borrower Name
Ernad Constructions P Ltd
Registered Address of Borrower
7/14 A-18,1st Floor, Manachira Tower, AG Road,Kozhikode-673001
Owner
P Salim andShoukathali
Ownership of Property
Guarantor Cum Mortgagor
NPA Amount
₹21.95 Cr
NPA Date
12 Jul 2016
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
400030674098
Customer ID
77062718961
Demand Notice
Notice Date
05 Apr 2024
Notice Amount
₹21.95 Cr
Asset Classification
Classification Date
16 Aug 2017
Classification ID
1
Possession Dates
Physical
14 Sept 2024
Symbolic
14 Sept 2024

Additional details

Property USP
Prime location
Description
All that part and parcel of the property admeasuring in 9.11 Ares (22.50 Cents) of land in Re Sy. No.202/7 (Old Sy No.63/4) Block No.39 in Kottakkal Village, Thirur Taluk with in the Registration Sub District Kottakkal of Malappuram District, standing in the joint names of Sri. P Salim and Sri. Shoukathali

EMD Schedule

EMD Start
01 Jan 2026
10:56 AM
EMD Deadline
28 Jan 2026
4:00 PM
Payment Deadline
17 Oct 2025

Officer Details

Authorized Officer
SOORAJ S R
CHIEF MANAGER 4
Dealing Officer
C A Stalin Jose

Auction Rules

Type of Action
Under SARFAESI
Bid Increment
₹50,000.00
Extension Increment
₹50,000.00
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
Collateral ID
400030674098
CERSAI ID
400030674098
Property ID
SBIN400030674098
State Bank of India
Verified seller
Branch: SARB-II ERNAKULAM-70683
IFSC: SBIN

Bank contact

+91 94472 94941+91 91889 01916
Branch Address
R S BUILDING M G ROAD ERNAKULAM
Branch IFSC
SBIN0003539
Department
SARB-II ERNAKULAM-70683