Chalakudy Building Auction: 3-Storey Building on 39 Cents in Town – Reserve ₹8.9 Cr (10 Nov 2026)
Verified Listing Upcoming
Property ID: FB-59
Property Description
The Chalakudy building auction announced by Federal Bank is one of the notable commercial property opportunities on the bank’s current sale-notice list. A three-storey commercial building on about 39 cents of land, fronting a municipal road in East Chalakudy, is one of the largest commercial assets on the current Federal Bank list. The online e-auction is scheduled for 10 November 2026, with a reserve price of ₹8,90,00,000.
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
Chalakudy Building Auction: Key Highlights
- Reserve price: ₹8,90,00,000
- EMD: ₹89,00,000
- Auction date: 10 November 2026
- Last date for EMD / bid: 9 November 2026, 5:00 PM
- Location: East Chalakudy, Thrissur, Kerala
Chalakudy Building Auction – Complete Details
| Asset | 3-storey commercial building on 8.81 Ares + 6.99 Ares land, East Chalakudy |
| Description | Three-storied commercial building on 8.81 Ares (3.80 + 1.09 + 1.90 + 2.02 Ares) plus an adjoining 6.99 Ares parcel – about 39 cents in total – fronting a municipal road, sold together |
| Land area | 8.81 Ares + 6.99 Ares (about 39 Cents) |
| Survey / Plot No. | Sy. No. 635/PT4, 633/1-23, 633/1-21, 633/6-21 and 633/1-12 |
| Village | East Chalakudy |
| Taluk | Chalakudy |
| District | Thrissur |
| Reserve price | ₹8,90,00,000 |
| EMD (10%) | ₹89,00,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Ernakulam/Kaloor & Manarcadu |
| Mode of sale | Online e-auction |
| E-auction portal | www.auctionbazaar.com |
| Type of possession | Symbolic possession |
| Outstanding dues | ₹6,12,48,312 as on 25 September 2026 |
| Encumbrances | None stated; bidders to verify |
| Notice date | 25 September 2026 |
About the Location – East Chalakudy, Thrissur
Chalakudy is a fast-growing municipal town on NH 544 between Thrissur and Angamaly, about 30 km from Cochin International Airport and the gateway to Athirappilly waterfalls. The town has a busy railway station, a large market and a growing cluster of hospitals, colleges and showrooms along the highway. A large commercial building with municipal road frontage here suits a shopping complex, hospital, hotel or institutional use.
Is the Chalakudy Building Auction Worth It?
At about ₹22.8 lakh per cent with the building, the reserve is substantial, so investors should study rental yields and occupancy before bidding. Since the reserve price is fixed by a registered valuer and often sits below market rates, early research gives you a real edge in this auction.
Important Dates for the Chalakudy Building Auction
- Sale notice date: 25 September 2026
- Inspection: By prior intimation to the Authorised Officer on working days before the auction
- Last date for EMD and bid submission: 9 November 2026 (5:00 PM)
- E-auction: 10 November 2026
How to Bid in This Federal Bank Auction
- Register on www.auctionbazaar.com and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹89,00,000 by RTGS/NEFT and upload the bid form before 9 November 2026.
- Log in on 10 November 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% on acceptance; 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. 635/PT4, 633/1-23, 633/1-21, 633/6-21 and 633/1-12.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (symbolic) and any occupants.
- Verify the approved plan, land use/zoning and road access on site.
- Read our commercial property auction guide before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer, LCRD Ernakulam |
| Office | Federal Bank LCRD, Federal Towers, Marine Drive, Ernakulam, Kerala 682031 |
| Phone | 0484-2385538, 0484-2201157 |
| ekmlcrd@federal.bank.in |
Chalakudy Building Auction: FAQs
What is the reserve price in the Chalakudy building auction?
The reserve price is ₹8,90,00,000. Bids below this amount are not accepted.
When is the Chalakudy building auction scheduled?
The auction is on 10 November 2026. EMD and bids must reach the bank by 9 November 2026.
How much EMD is required?
The earnest money deposit is ₹89,00,000, 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 commercial property auctions
- Bank auctions in Thrissur
- Guide: commercial building due diligence
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 | Commercial Buildings |
|---|---|
| Land Area | 8.81 Ares + 6.99 Ares (about 39 Cents) |
| Location | East Chalakudy, Thrissur, Thrissur, Kerala |
| Possession | Symbolic |
| Encumbrances | None stated; bidders to verify |
Location Map
Auction Timeline
- 25 Sep 2026Auction Notice Published
- 9 Nov 2026Last Date for EMD Submission
- 10 Nov 2026e-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.