Vyttila House Auction: 7.5 Cents with House Near Chalikkavattom – Reserve ₹1.8 Cr (30 Oct 2026)
Verified Listing Auction Closed
Property ID: FB-52
Property Description
The Vyttila house auction announced by Federal Bank is one of the notable house opportunities on the bank’s current sale-notice list. A residential property on 7.56 cents near Chalikkavattom, just off the Vyttila–Edappally bypass in Kochi, is being sold by sealed tender with physical possession. The sale by sealed tender is scheduled for 30 October 2026 (11:30 AM), with a reserve price of ₹1,80,00,000.
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
Vyttila House Auction: Key Highlights
- Reserve price: ₹1,80,00,000
- EMD: ₹18,00,000
- Auction date: 30 October 2026, 11:30 AM
- Last date for EMD / bid: 29 October 2026, 5:00 PM
- Location: Chalikkavattom, Vyttila, Kochi, Kerala
Vyttila House Auction – Complete Details
| Asset | 3.06 Ares with residential building near Chalikkavattom, Vyttila |
| Description | Land of 3.06 Ares (2.79 Ares + 0.27 Ares, about 7.56 cents) with building and improvements |
| Land area | 3.06 Ares (7.56 Cents) |
| Survey / Plot No. | Sy. No. 8/15A-10 and 8/15B-5 |
| Village | Edappally South |
| Taluk | Kanayannur |
| District | Ernakulam |
| Reserve price | ₹1,80,00,000 |
| EMD (10%) | ₹18,00,000 |
General terms of the sale as stated in the notice:
| Bank | The Federal Bank Ltd. |
| Branch / Division | Ernakulam North |
| Mode of sale | Sealed tender cum auction (private treaty possible) |
| Type of possession | Physical possession |
| Outstanding dues | ₹25,60,15,300 as on 14 September 2026 |
| Encumbrances | None known to the bank |
| Notice date | 25 September 2026 |
About the Location – Chalikkavattom, Vyttila, Kochi
Chalikkavattom lies on the NH 66 bypass between Vyttila and Palarivattom, in the heart of Kochi’s growth corridor. The Vyttila Mobility Hub, Vyttila and Thykoodam Metro stations, the Kakkanad–Infopark road and major hospitals are all within 2–3 km. Land with road access here is scarce and highly valued for both residences and small commercial buildings.
Is the Vyttila House Auction Worth It?
At about ₹23.8 lakh per cent including the building, the reserve reflects the premium Vyttila location; inspect the access road and zoning carefully. The bank’s outstanding dues (₹25.6 Cr) are about 14.2 times the reserve price, so the bank is clearly motivated to close this sale. 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 Vyttila House Auction
- Sale notice date: 25 September 2026
- Inspection: 2:00 PM to 4:00 PM on working days till 28-10-2026 with prior intimation
- Last date for EMD and tender submission: 29 October 2026 (5:00 PM)
- Tender opening / auction: 30 October 2026, 11:30 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% (including EMD) 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. 8/15A-10 and 8/15B-5.
- 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 Towers, Marine Drive, Ernakulam, Kerala 682031 |
| Phone | 0484-2385538, 0484-2201013, 8281812397 |
| ekmlcrd@federalbank.co.in |
Vyttila House Auction: FAQs
What is the reserve price in the Vyttila house auction?
The reserve price is ₹1,80,00,000. Bids below this amount are not accepted.
When is the Vyttila house auction scheduled?
The auction is on 30 October 2026 from 11:30 AM. EMD and bids must reach the bank by 29 October 2026.
How much EMD is required?
The earnest money deposit is ₹18,00,000, 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 Kochi
- 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 | 3.06 Ares (7.56 Cents) |
| Location | Chalikkavattom, Vyttila, Kochi, Kochi, Kerala |
| Possession | Physical |
| Encumbrances | None known to the bank |
Location Map
Auction Timeline
- 25 Sep 2026Auction Notice Published
- 28 Oct 2026Inspection Ends
- 29 Oct 2026Last Date for EMD Submission
- 30 Oct 2026, 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.