Koorkenchery Property Auction: 10 Cents with Buildings Inside Thrissur City – Reserve ₹1.45 Cr (19 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-40
Property Description
Looking for a house deal below market rates? The Koorkenchery property auction listed by Federal Bank deserves a close look. Three adjoining parcels totalling about 10 cents, each with buildings and one fronting a tarred road, are being sold together at Koorkenchery inside Thrissur city. The sale by sealed tender is scheduled for 19 October 2026 (11:00 AM), with a reserve price of ₹1,45,00,000.
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
Koorkenchery Property Auction: Key Highlights
- Reserve price: ₹1,45,00,000
- EMD: ₹14,50,000
- Auction date: 19 October 2026, 11:00 AM
- Last date for EMD / bid: 19 October 2026, 10:30 AM on auction day
- Location: Koorkenchery, Thrissur, Kerala
Koorkenchery Property Auction – Complete Details
| Asset | 4.05 Ares (10 cents) with buildings, Koorkenchery, Thrissur |
| Description | Three adjoining parcels sold together – 1.82 Ares, 1.62 Ares (fronting a tarred road) and 0.61 Ares – each with buildings and improvements |
| Land area | 1.82 + 1.62 + 0.61 Ares (about 10 Cents) |
| Survey / Plot No. | Sy. No. 128/9 and 128/7 |
| Village | Koorkenchery |
| Taluk | Thrissur |
| District | Thrissur |
| Reserve price | ₹1,45,00,000 |
| EMD (10%) | ₹14,50,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Kolazhy |
| Mode of sale | Sealed tender cum auction |
| Type of possession | Symbolic possession |
| Outstanding dues | ₹1,28,32,165 as on 19 October 2026 |
| Encumbrances | The notice mentions court attachment orders; buyer responsible for property tax and utility arrears |
| Notice date | 30 September 2026 |
About the Location – Koorkenchery, Thrissur
Koorkenchery lies on the southern side of Thrissur city, along the Thrissur–Kodungallur road, about 3 km from the Swaraj Round and close to the Sakthan Thampuran bus stand and Thrissur railway station. The famous Koorkenchery Sree Maheswara Temple and busy wholesale markets are nearby. Land with buildings in this city-corporation pocket is suited to rental housing or small commercial use.
Is the Koorkenchery Property Auction Worth It?
At about ₹14.3 lakh per cent with buildings, the reserve reflects Thrissur city rates; clarify the court attachments mentioned in the notice before bidding. 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 Koorkenchery Property Auction
- Sale notice date: 30 September 2026
- Inspection: 2:00 PM to 4:00 PM on 07-10-2026
- Last date for EMD and tender submission: 19 October 2026 (10:30 AM on auction day)
- Tender opening / auction: 19 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 19 October 2026.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Federal Bank LCRD Thrissur Division, 1st Floor, Chenchery Tower, Thrissur-Ernakulam High Road, Ollur, Thrissur 680306.
- 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 Sy. No. 128/9 and 128/7.
- 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 buying bank auction houses and villas before you bid.
Contact the Authorised Officer
| Authorised Officer | Authorised Officer (SARFAESI Act) |
| Office | Federal Bank LCRD Thrissur Division, 1st Floor, Chenchery Tower, Thrissur-Ernakulam High Road, Ollur, Thrissur 680306 |
| Phone | 0487-2424654; 9496273776, 9446995912 |
| tsrlcrd@federal.bank.in |
Koorkenchery Property Auction: FAQs
What is the reserve price in the Koorkenchery property auction?
The reserve price is ₹1,45,00,000. Bids below this amount are not accepted.
When is the Koorkenchery property auction scheduled?
The auction is on 19 October 2026 from 11:00 AM. EMD and bids must reach the bank by 19 October 2026.
How much EMD is required?
The earnest money deposit is ₹14,50,000, 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 Thrissur
- 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 | 1.82 + 1.62 + 0.61 Ares (about 10 Cents) |
| Location | Koorkenchery, Thrissur, Thrissur, Kerala |
| Possession | Symbolic |
| Encumbrances | The notice mentions court attachment orders; buyer responsible for property tax and utility arrears |
Location Map
Auction Timeline
- 30 Sep 2026Auction Notice Published
- 7 Oct 2026Inspection Ends
- 19 Oct 2026Last Date for EMD Submission
- 19 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.