Kakkanad Land Auction: 54 Cents Plot Near Thengode – Reserve ₹2.66 Cr (30 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-56
Property Description
Federal Bank has published a fresh sale notice for the Kakkanad land auction, and it is open to all eligible bidders. A 54-cent residential plot near Thengode in Kakkanad, Kochi’s IT and administrative hub, is being sold by sealed tender with physical possession. The sale by sealed tender is scheduled for 30 October 2026 (11:00 AM), with a reserve price of ₹2,66,00,000.
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
Kakkanad Land Auction: Key Highlights
- Reserve price: ₹2,66,00,000
- EMD: ₹26,60,000
- Auction date: 30 October 2026, 11:00 AM
- Last date for EMD / bid: 29 October 2026, 4:30 PM
- Location: Thengode, Kakkanad, Kerala
Kakkanad Land Auction – Complete Details
| Asset | 21.85 Ares land near Thengode, Kakkanad |
| Description | Land of 21.85 Ares (54 cents) with improvements, abutting a road on one side |
| Land area | 21.85 Ares (54 Cents) |
| Survey / Plot No. | Re-Sy. No. 179/2, Block No. 7 |
| Village | Kakkanad |
| Taluk | Kanayannur |
| District | Ernakulam |
| Reserve price | ₹2,66,00,000 |
| EMD (10%) | ₹26,60,000 |
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 (private treaty possible) |
| Type of possession | Physical possession |
| Encumbrances | None reported to the bank |
| Notice date | 25 September 2026 |
About the Location – Thengode, Kakkanad
Thengode is a quiet residential pocket in Kakkanad, a few kilometres from Infopark, SmartCity Kochi, the Collectorate and the Kakkanad–Seaport Airport Road. The upcoming Kochi Metro Phase 2 line to Infopark and the Kakkanad Water Metro terminal will further improve connectivity. Land in this belt is sought by builders for villa and apartment projects aimed at IT professionals.
Is the Kakkanad Land Auction Worth It?
At about ₹4.93 lakh per cent, the reserve is attractive for a large plot this close to Infopark. 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 Kakkanad Land Auction
- Sale notice date: 25 September 2026
- Inspection: 2:00 PM to 4:00 PM on working days until 29-10-2026
- Last date for EMD and tender submission: 29 October 2026 (4:30 PM)
- Tender opening / auction: 30 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 29 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 by DD or RTGS. 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. 179/2, Block No. 7.
- 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 auction property due diligence checklist 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 |
Kakkanad Land Auction: FAQs
What is the reserve price in the Kakkanad land auction?
The reserve price is ₹2,66,00,000. Bids below this amount are not accepted.
When is the Kakkanad land auction scheduled?
The auction is on 30 October 2026 from 11:00 AM. EMD and bids must reach the bank by 29 October 2026.
How much EMD is required?
The earnest money deposit is ₹26,60,000, 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 land and plot auctions
- Bank auctions in Kochi
- Guide: reserve price bidding strategy
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 | Residential Plots |
|---|---|
| Land Area | 21.85 Ares (54 Cents) |
| Location | Thengode, Kakkanad, Kochi, Kerala |
| Possession | Physical |
| Encumbrances | None reported to the bank |
Location Map
Auction Timeline
- 25 Sep 2026Auction Notice Published
- 29 Oct 2026Inspection Ends
- 29 Oct 2026Last Date for EMD Submission
- 30 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.