Chittoor House Auction: House on 2.37 Cents at Cheranallur – Reserve ₹30 Lakh (13 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-21
Property Description
Federal Bank has published a fresh sale notice for the Chittoor house auction, and it is open to all eligible bidders. A compact residential house on 2.37 cents in Cheranallur village, along the Chittoor road in north Kochi, is offered at a reserve of just ₹30 lakh. The sale by sealed tender is scheduled for 13 October 2026 (11:00 AM), with a reserve price of ₹30,00,000.
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
Chittoor House Auction: Key Highlights
- Reserve price: ₹30,00,000
- EMD: ₹3,00,000
- Auction date: 13 October 2026, 11:00 AM
- Last date for EMD / bid: 12 October 2026, 4:30 PM
- Location: Chittoor, Cheranallur, Kochi, Kerala
Chittoor House Auction – Complete Details
| Asset | Residential building on 0.96 Ares, Cheranallur (Chittoor) |
| Description | Landed property of 0.96 Ares (2.37 cents) with residential building |
| Land area | 0.96 Ares (2.37 Cents) |
| Survey / Plot No. | Re-Sy. No. 352/14-2 (Old Sy. No. 693/2), Block No. 4 |
| Village | Cheranallur |
| Taluk | Kanayannur |
| District | Ernakulam |
| Reserve price | ₹30,00,000 |
| EMD (10%) | ₹3,00,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | LCRD Ernakulam Division |
| Mode of sale | Sealed tender cum auction |
| Type of possession | Physical possession |
| Outstanding dues | ₹52,95,364 as on 17 September 2026 |
| Encumbrances | A court attachment dated 04-04-2026 for ₹5,00,755 is noted in the sale notice |
| Notice date | 17 September 2026 |
About the Location – Chittoor, Cheranallur, Kochi
Cheranallur and Chittoor sit on the northern fringe of Kochi city, between Edappally and Varapuzha, along the Container Road and the Chittoor–Ernakulam road. The area offers quick access to the Kochi Metro at Edappally, the Vallarpadam terminal road and the NH 66 bypass. It is a fast-developing residential pocket where small houses suit families looking for a city address at lower prices than central Kochi.
Is the Chittoor House Auction Worth It?
Note the court attachment of about ₹5 lakh mentioned in the notice; factor it into your bid and clarify with the Authorised Officer how it will be cleared. The bank’s outstanding dues (₹52.95 Lakh) are about 1.8 times the reserve price, so the bank is clearly motivated to close this sale. Bank auction properties usually sell close to the reserve price when competition is thin, which is where serious buyers find value.
Important Dates for the Chittoor House Auction
- Sale notice date: 17 September 2026
- Inspection: 2:00 PM to 4:00 PM on working days until 12-10-2026
- Last date for EMD and tender submission: 12 October 2026 (4:30 PM)
- Tender opening / auction: 13 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 12 October 2026.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Federal Towers, Marine Drive, Ernakulam, Kerala 682031.
- 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% 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 Re-Sy. No. 352/14-2 (Old Sy. No. 693/2), Block No. 4.
- 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 buying bank auction houses and villas before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer (SARFAESI Act) |
| Office | Federal Towers, Marine Drive, Ernakulam, Kerala 682031 |
| Phone | 0484-2385538, 0484-2201157, 8590857496 |
| ekmlcrd@federalbank.co.in |
Chittoor House Auction: FAQs
What is the reserve price in the Chittoor house auction?
The reserve price is ₹30,00,000. Bids below this amount are not accepted.
When is the Chittoor house auction scheduled?
The auction is on 13 October 2026 from 11:00 AM. EMD and bids must reach the bank by 12 October 2026.
How much EMD is required?
The earnest money deposit is ₹3,00,000, 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 house auctions
- Bank auctions in Kochi
- Guide: Kerala bank auction houses guide
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 | Independent Houses |
|---|---|
| Land Area | 0.96 Ares (2.37 Cents) |
| Location | Chittoor, Cheranallur, Kochi, Kochi, Kerala |
| Possession | Physical |
| Encumbrances | A court attachment dated 04-04-2026 for ₹5,00,755 is noted in the sale notice |
Location Map
Auction Timeline
- 17 Sep 2026Auction Notice Published
- 12 Oct 2026Inspection Ends
- 12 Oct 2026Last Date for EMD Submission
- 13 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.