Palakkad House Auction 678012: Individual House (0.05 sq ft) – Reserve ₹29.79 Lakh (16 Nov 2026)
Verified Listing Upcoming
Property ID: BKN-366699
Property Description
Bank of Baroda has put a house up for sale through the Palakkad house auction 678012, open to all registered bidders on BAANKNET. On offer is a individual house in Palakkad (PIN 678012), with 0.05 sq ft carpet area. The online auction runs on 16 November 2026 (2:00 PM to 6:00 PM) with a reserve price of ₹29,79,000.
The property is being sold under SARFAESI on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.
Table of Contents
Table of Contents
Palakkad House Auction 678012: Key Highlights
- Reserve price: ₹29,79,000 (₹29.79 Lakh)
- EMD: ₹2,97,900
- Bid increment: ₹10,000
- Auction: 16 November 2026, 2:00 PM to 6:00 PM
- Last date for EMD: 16 November 2026, 5:05 PM
- Location: Palakkad, Kerala
- Possession: Physical
Palakkad House Auction 678012 – Complete Details
| Auction ID | 366699 |
| Bank property ID | BARBJM8063345 |
| Bank | Bank of Baroda |
| Branch | Chandranagar |
| Property type | Residential – Individual House |
| Carpet area | 0.05 sq ft |
| City / District | Palakkad |
| State | Kerala |
| PIN code | 678012 |
| Type of possession | Physical |
| Type of action | Under SARFAESI |
| Reserve price | ₹29,79,000 |
| EMD | ₹2,97,900 |
| Bid increment | ₹10,000 |
| Auto-extension | 10 minutes per late bid |
About the Location – Palakkad
This listing falls in Palakkad, Kerala, postal code 678012. Kerala’s property market is driven by NRI demand, tourism and the Kochi–Thiruvananthapuram growth belt, and land parcels with road access are always in short supply. The handling branch is Chandranagar, which is usually the best contact for site visits and local queries.
Is the Palakkad House Auction 678012 Worth It?
At the reserve price, the property works out to about ₹5,95,80,000 per sq ft of carpet area – compare this with recent resale rates in Palakkad before you bid. The EMD of ₹2,97,900 is 10% of the reserve price and is refunded to unsuccessful bidders. Bank e-auctions often close near the reserve price when there are few bidders, which is where well-prepared buyers find value. The bank holds physical possession, which usually makes handover after the sale smoother.
Important Dates for the Palakkad House Auction 678012
- EMD submission opens: 29 September 2026
- Last date for EMD: 16 November 2026, 5:05 PM
- E-auction: 16 November 2026, 2:00 PM to 6:00 PM
- Auto-extension: 10 minutes for every bid in the last minutes
How to Bid on BAANKNET
- Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
- Search for Auction ID 366699 and download the sale notice and terms.
- Inspect the property during the inspection window by calling the branch contact on 9809815488.
- Pay the EMD of ₹2,97,900 through the BAANKNET wallet before 16 November 2026, 5:05 PM.
- Log in on 16 November 2026 and bid above the reserve in steps of ₹10,000; each late bid extends the auction by 10 minutes.
The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.
Due Diligence Checklist Before Bidding
- Obtain the encumbrance certificate and verify the title.
- Check pending property tax, electricity and water dues.
- Confirm the possession status and whether the property is occupied.
- Verify the approved plan and the condition of the building.
- Read our buying bank auction houses and villas before you bid.
Palakkad House Auction 678012: FAQs
What is the reserve price in the Palakkad house auction 678012?
The reserve price is ₹29,79,000. Bids below the reserve price are not accepted.
When is the Palakkad house auction 678012 scheduled?
The e-auction is on 16 November 2026 from 2:00 PM to 6:00 PM. The last date for EMD is 16 November 2026, 5:05 PM.
How much EMD is required?
The earnest money deposit is ₹2,97,900. It is refunded to unsuccessful bidders.
Where is the property located?
It is in Palakkad, Kerala – 678012.
Where can I see the official sale notice?
Search Auction ID 366699 on the BAANKNET portal of the PSB Alliance to view the sale notice and bid.
More BoB and Kerala Auctions
- All Bank of Baroda auction listings
- More house auctions
- Bank auctions in Kerala
- Guide: symbolic vs physical possession explained
Source: Auction ID 366699 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Bank of Baroda 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 Bank of Baroda. Interested bidders are advised to inspect the asset and verify all details before participating.”
Property Details
| Type | Independent Houses |
|---|---|
| Land Area | 0.05 sq ft |
| Location | Palakkad, Palakkad, Kerala |
| Possession | Physical |
| Encumbrances | Please refer to the sale notice |
Location Map
Auction Timeline
- 29 Sep 2026Auction Notice Published
- 16 Nov 2026Last Date for EMD Submission
- 16 Nov 2026, 2:00 PM to 6:00 PMe-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.