Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611435
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹56,00,000
EMD:₹5,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a prime commercial building located in Kilikolloor, Kollam, Kerala. Situated in a well-connected area, this property offers excellent potential for various business ventures. Its strategic location in Kollam, a bustling city in Kerala, makes it an attractive investment for businesses looking for visibility and accessibility. The property is being auctioned by Canara Bank as part of a SARFAESI auction.
State:Kerala
City:Kollam
Area:Kilikolloor
Asset Category:Commercial
Full Address:Re. Sy. No 572/10 in Block No 15 of Kilikolloor Village, Kollam Taluk, Kollam District, Kilikolloor, Kollam
Size:3.70 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a commercial building in Kilikolloor, Kollam, Kerala. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this valuable commercial asset is INR 56,00,000, with an Earnest Money Deposit (EMD) of INR 5,60,000. This is a unique opportunity to acquire a commercial property in a promising location.
Borrower Name:M/s. Reefa Cashews
Auction Type:SARFAESI Auction
Why This Property
Located in Kilikolloor, Kollam, this commercial building presents a calculated opportunity for investors. The reserve price of ₹5600000.0, combined with the EMD of ₹560000.0, makes it a viable option. Further due diligence is advised to ascertain the complete market value and potential returns.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
