Angamaly Property Auction: Land with Building & 1325 Sq Ft Flat – Reserve from ₹36 Lakh (9 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-9
Property Description
Looking for a flat and apartment deal below market rates? The Angamaly property auction listed by Federal Bank deserves a close look. Two separate lots are on offer in Angamaly town – 3.65 Ares of land with a building, and a 1325 sq ft fifth-floor apartment in Doctors Diamond Hill. The sale by sealed tender is scheduled for 9 October 2026 (11:00 AM), with a reserve price of from ₹36,00,000.
The property is being sold under the SARFAESI Act, 2002 on an “as is where is, as is what is and whatever there is” basis. Below you will find the complete details from the official notice – extent, survey numbers, EMD, important dates, the bidding process and the contact details of the Authorised Officer.
Table of Contents
Table of Contents
Angamaly Property Auction: Key Highlights
- Reserve price: Lot 1 – ₹65,00,000; Lot 2 – ₹36,00,000
- EMD: Lot 1 – ₹6,50,000; Lot 2 – ₹3,60,000
- Auction date: 9 October 2026, 11:00 AM
- Location: Angamaly, Ernakulam, Kerala
Angamaly Property Auction – Complete Details
Lot 1: 3.65 Ares land with building, Angamaly
| Description | Landed property with building constructed/to be constructed |
| Land area | 3.65 Ares (9.02 Cents) |
| Survey / Plot No. | Sy. No. 390/19/2 and 390/22 |
| Village | Angamaly |
| Taluk | Aluva |
| District | Ernakulam |
| Reserve price | ₹65,00,000 |
| EMD (10%) | ₹6,50,000 |
Lot 2: Apartment A5, Doctors Diamond Hill, Angamaly
| Description | Apartment A5 on the 5th floor, 1325 sq ft super built-up area, in the multi-storey building Doctors Diamond Hill |
| Land area | 38 sq m undivided share in 9.88 Ares |
| Built-up area | 1325 sq ft |
| Survey / Plot No. | Sy. No. 607/11 |
| Village | Angamaly |
| Taluk | Aluva |
| District | Ernakulam |
| Reserve price | ₹36,00,000 |
| EMD (10%) | ₹3,60,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Aroor |
| Mode of sale | Sealed tender cum auction |
| Type of possession | Physical possession |
| Outstanding dues | ₹4,86,12,72,141 as on 8 September 2026 |
| Encumbrances | No encumbrance prior to mortgage known to the bank; society charges, if any, payable by purchaser |
| Notice date | 14 September 2026 |
About the Location – Angamaly, Ernakulam
Angamaly is a fast-growing town on NH 544 at the northern gateway of Kochi, only about 6 km from Cochin International Airport. It has a major railway station, the Angamaly KSRTC hub and easy access to the Kochi Metro extension corridor and the Infopark-bound routes. Demand for apartments here comes from airport staff, NRI families and professionals working in Kochi, while land parcels on the main roads are sought for commercial use.
Is the Angamaly Property Auction Worth It?
The flat works out to roughly ₹2,717 per sq ft at reserve, which is well below typical new-launch rates around Angamaly. The bank’s outstanding dues (₹486.13 Cr) are about 481.3 times the reserve price, so the bank is clearly motivated to close this sale. Prices in recovery auctions are often attractive, but the real gain comes only after you factor in dues, taxes and transfer costs.
Important Dates for the Angamaly Property Auction
- Sale notice date: 14 September 2026
- Inspection: 2:00 PM to 4:00 PM on 05-10-2026
- Tender opening / auction: 9 October 2026, 11:00 AM
How to Bid in This Federal Bank Auction
- Download the sale notice and tender form from the Federal Bank tender notices page.
- Inspect the property during the permitted inspection window after informing the Authorised Officer.
- Remit the EMD by DD/RTGS/NEFT as specified in the notice before the last date.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Federal Bank LCRD, Parayil Complex, Bldg No. 35/716, First Floor, Railway Junction, Kayamkulam, Kerala 690502.
- Attend the tender opening; qualified bidders may be allowed to improve their offers in an inter-se bidding round.
The successful bidder must pay 25% (including EMD) on acceptance; balance 75% within 15 days. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer. If the balance is not paid in time, the deposited money is forfeited.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title chain for Sy. No. 390/19/2 and 390/22.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our tips for buying bank auction flats before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer (SARFAESI Act) |
| Office | Federal Bank LCRD, Parayil Complex, Bldg No. 35/716, First Floor, Railway Junction, Kayamkulam, Kerala 690502 |
| Phone | 0479-2440040, +91-9995013127 |
| mvklcrd@federalbank.co.in |
Angamaly Property Auction: FAQs
What is the reserve price in the Angamaly property auction?
Lot-wise reserve prices are: Lot 1 – ₹65,00,000, Lot 2 – ₹36,00,000.
When is the Angamaly property auction scheduled?
The auction is on 9 October 2026 from 11:00 AM. EMD and bids must reach the bank by the date given in the notice.
How much EMD is required?
The earnest money deposit is ₹6,50,000 for Lot 1 (see the table above for other lots), usually 10% of the reserve price. It is refunded to unsuccessful bidders without interest.
Can I get a bank loan to buy this property?
Yes, many banks finance auction properties after verifying the sale certificate and title. Arrange the sanction before bidding, since the balance 75% is due within 15 days.
Where can I see the official sale notice?
The notice is published on the Federal Bank tender and sale notices page. Always read the full notice before bidding.
More Federal Bank Auctions
- All Federal Bank auction listings
- More flat and apartment auctions
- Bank auctions in Kochi
- Guide: home loan for auction property
Source: Official sale notice published on the Federal Bank Tenders & Sale Notices page. eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with the bank before bidding.
“The asset is being sold on “As is where is”, “As is what is” and “Whatever there is” basis through e-auction by Federal Bank. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Flats & Apartments |
|---|---|
| Land Area | 3.65 Ares (9.02 Cents) + 38 sq m undivided share in 9.88 Ares |
| Location | Angamaly, Ernakulam, Kochi, Kerala |
| Possession | Physical |
| Encumbrances | No encumbrance prior to mortgage known to the bank; society charges, if any, payable by purchaser |
Location Map
Auction Timeline
- 14 Sep 2026Auction Notice Published
- 5 Oct 2026Inspection Ends
- 9 Oct 2026, 11:00 AMe-Auction (Online Bidding)
- Post AuctionHighest Bidder Intimation
- Within Specified TimePayment & Documentation
Important Information
- The asset will be sold to the highest bidder subject to confirmation by the bank.
- Bidders must remit the EMD before the last date mentioned in the sale notice.
- The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance within 15 days, unless the bank specifies otherwise.
- For detailed terms and conditions, please refer to the official bank sale notice.
- This is a bank e-auction and not a private sale.
- eBankAuctions is a directory platform and does not conduct the auction. Please contact the respective bank for all auction-related queries.