Nenmanikkara Property Auction: 60 Cents Land with Building, Thrissur – Reserve ₹90 Lakh (13 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-17
Property Description
Looking for a house deal below market rates? The Nenmanikkara property auction listed by Federal Bank deserves a close look. A large 60-cent holding with a building in Nenmanikkara, along the Thrissur–Chalakudy stretch of NH 544, is being sold by sealed tender. The sale by sealed tender is scheduled for 13 October 2026 (11:00 AM), with a reserve price of ₹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
Nenmanikkara Property Auction: Key Highlights
- Reserve price: ₹90,00,000
- EMD: ₹9,00,000
- Auction date: 13 October 2026, 11:00 AM
- Last date for EMD / bid: 13 October 2026, 10:30 AM on auction day
- Location: Nenmanikkara, Thrissur, Kerala
Nenmanikkara Property Auction – Complete Details
| Asset | 24.28 Ares land with building, Nenmanikkara, Thrissur |
| Description | Land measuring 24.28 Ares (60 cents) with building and improvements |
| Land area | 24.28 Ares (60 Cents) |
| Survey / Plot No. | Sy. No. 10/3 |
| Village | Nenmanikkara |
| Taluk | Mukundapuram |
| District | Thrissur |
| Reserve price | ₹90,00,000 |
| EMD (10%) | ₹9,00,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Thrissur Main |
| Mode of sale | Sealed tender cum auction |
| Type of possession | Physical possession |
| Outstanding dues | ₹34,29,79,243 |
| Encumbrances | None known to the bank prior to mortgage |
| Notice date | 19 September 2026 |
About the Location – Nenmanikkara, Thrissur
Nenmanikkara is a panchayat in Mukundapuram taluk, between Thrissur city and Chalakudy, close to Pudukad and the Amballur junction on NH 544. The national highway connects it to Thrissur town (about 15 km) and Kochi, while the Pudukad railway station is nearby. A 60-cent parcel with an existing building can be used as a large family home, a warehouse or a small industrial unit, depending on zoning.
Is the Nenmanikkara Property Auction Worth It?
At about ₹1.48 lakh per cent including the building, the reserve is modest for a highway-belt location near Thrissur. The bank’s outstanding dues (₹34.3 Cr) are about 38.1 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 Nenmanikkara Property Auction
- Sale notice date: 19 September 2026
- Inspection: 2:00 PM to 4:00 PM on 24-09-2026
- Last date for EMD and tender submission: 13 October 2026 (10:30 AM on auction day)
- 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 13 October 2026.
- Submit the sealed tender with KYC (PAN, Aadhaar, address proof) and EMD proof at Federal Bank LCRD Thrissur, 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. 10/3.
- 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 Bank LCRD Thrissur, 1st Floor, Chenchery Tower, Thrissur-Ernakulam High Road, Ollur, Thrissur 680306 |
| Phone | 0487-2424654; 9496273776, 9446995912 |
| tsrlcrd@federalbank.co.in |
Nenmanikkara Property Auction: FAQs
What is the reserve price in the Nenmanikkara property auction?
The reserve price is ₹90,00,000. Bids below this amount are not accepted.
When is the Nenmanikkara property auction scheduled?
The auction is on 13 October 2026 from 11:00 AM. EMD and bids must reach the bank by 13 October 2026.
How much EMD is required?
The earnest money deposit is ₹9,00,000, 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 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 | 24.28 Ares (60 Cents) |
| Location | Nenmanikkara, Thrissur, Thrissur, Kerala |
| Possession | Physical |
| Encumbrances | None known to the bank prior to mortgage |
Location Map
Auction Timeline
- 19 Sep 2026Auction Notice Published
- 24 Sep 2026Inspection Ends
- 13 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.