Vazhakulam Land Auction: 11 Cents Near Viswajyothi Engineering College – Reserve ₹16 Lakh (13 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-16
Property Description
The Vazhakulam land auction announced by Federal Bank is one of the notable land and plot opportunities on the bank’s current sale-notice list. The 11-cent plot lies close to Viswajyothi College of Engineering and Technology, a location with steady demand for student and staff housing. The online e-auction is scheduled for 13 October 2026 (11:00 AM to 11:30 AM), with a reserve price of ₹16,00,000.
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
Vazhakulam Land Auction: Key Highlights
- Reserve price: ₹16,00,000
- EMD: ₹1,60,000
- Auction date: 13 October 2026, 11:00 AM to 11:30 AM
- Last date for EMD / bid: 12 October 2026, 5:00 PM
- Location: Vazhakulam, Muvattupuzha, Kerala
Vazhakulam Land Auction – Complete Details
| Asset | 4.45 Ares land near Viswajyothi College of Engineering, Vazhakulam |
| Description | Land measuring 4.45 Ares (1.62 Ares + 2.83 Ares, about 11 cents) with improvements |
| Land area | 4.45 Ares (11 Cents) |
| Survey / Plot No. | Old Sy. No. 274/1B/2, 274/1C/3 |
| Village | Muvattupuzha |
| Taluk | Muvattupuzha |
| District | Ernakulam |
| Reserve price | ₹16,00,000 |
| EMD (10%) | ₹1,60,000 |
| Bid increment | ₹10,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Ernakulam/South |
| Mode of sale | Online e-auction |
| E-auction portal | www.auctionbazaar.com |
| Outstanding dues | ₹15,10,542 as on 11 September 2026 |
| Encumbrances | No known encumbrances; bidders to do independent due diligence |
| Notice date | 11 September 2026 |
About the Location – Vazhakulam, Muvattupuzha
Vazhakulam, on the Muvattupuzha–Thodupuzha road, is known as Kerala’s pineapple town and is an education hub thanks to Viswajyothi College of Engineering and Technology. Muvattupuzha town is about 10 km away, and the MC Road and Kochi–Madurai NH 85 make Kochi city reachable in roughly an hour. Plots near the campus are popular for hostels, paying-guest homes and small rental houses aimed at students and faculty.
Is the Vazhakulam Land Auction Worth It?
The reserve works out to about ₹1.44 lakh per cent, which is reasonable for a plot near a busy engineering campus. Since the reserve price is fixed by a registered valuer and often sits below market rates, early research gives you a real edge in this auction.
Important Dates for the Vazhakulam Land Auction
- Sale notice date: 11 September 2026
- Inspection: 12:00 PM to 4:00 PM on working days until 12-10-2026 with prior intimation
- Last date for EMD and bid submission: 12 October 2026 (5:00 PM)
- E-auction: 13 October 2026, 11:00 AM to 11:30 AM
How to Bid in This Federal Bank Auction
- Register on www.auctionbazaar.com and complete KYC (PAN, Aadhaar, address proof).
- Obtain a digital signature certificate (DSC) if the service provider requires one.
- Inspect the property within the inspection window after informing the Authorised Officer.
- Pay the EMD of ₹1,60,000 by RTGS/NEFT and upload the bid form before 12 October 2026.
- Log in on 13 October 2026 and bid in multiples of the bid increment; the auction has auto-extension of 5 minutes for late bids.
The successful bidder must pay 25% same day or next working day; 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 Old Sy. No. 274/1B/2, 274/1C/3.
- Check pending property tax, electricity and water dues with local bodies.
- Confirm the type of possession (physical or symbolic) 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 | Assistant Vice President |
| Office | Federal Towers, Marine Drive, Ernakulam, Kerala 682031 |
| Phone | 0484-2385538, 0484-2201157, 0484-2201013 |
| ekmlcrd@federal.bank.in |
Vazhakulam Land Auction: FAQs
What is the reserve price in the Vazhakulam land auction?
The reserve price is ₹16,00,000. Bids below this amount are not accepted.
When is the Vazhakulam land auction scheduled?
The auction is on 13 October 2026 from 11:00 AM to 11:30 AM. EMD and bids must reach the bank by 12 October 2026.
How much EMD is required?
The earnest money deposit is ₹1,60,000, 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 | 4.45 Ares (11 Cents) |
| Location | Vazhakulam, Muvattupuzha, Kochi, Kerala |
| Encumbrances | No known encumbrances; bidders to do independent due diligence |
Location Map
Auction Timeline
- 11 Sep 2026Auction Notice Published
- 12 Oct 2026Inspection Ends
- 12 Oct 2026Last Date for EMD Submission
- 13 Oct 2026, 11:00 AM to 11:30 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.