Land and Building for Auction Arackal Village Kollam 45 Lakh by Canara Bank 30 Jun 2026
Arackal Village, Kollam
Area: 20.3 ares
Door No 20/558-561, Arackal Village, Pathanapuram Taluk, Kollam District, Kerala.
Canara Bank · SPECIALIZED ASSET RECOVERY MANAGEMENT BRANCH ; THIRUVANANTHAPURAM
Reserve price
₹45,00,000
EMD ₹4,50,000
Auction date
30 Jun 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 20.3 ares
- ▸Locality: Arackal Village
- ▸Reserve: ₹45,00,000
- ▸EMD: ₹4,50,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Arackal Village |
| Built-up / plot area | 20.3 ares |
| Lender | Canara Bank |
| Branch | SPECIALIZED ASSET RECOVERY MANAGEMENT BRANCH ; THIRUVANANTHAPURAM |
| Unit / flat no. | Door No 20/558-561 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Arackal Village, Kollam by Canara Bank — reserve price ₹45,00,000, 20.3 ares, Symbolic possession.
Discover a valuable bank auction property: a 20.30 ares land and building located in Arackal Village, Pathanapuram Taluk, Kollam District, Kerala. This Canara Bank e-auction offers an attractive investment opportunity with a reserve price of ₹45,00,000 and an EMD of ₹4,50,000. The property, identified as Door No 20/558-561, is owned by Mr Sivasankara Pillai and Mrs Sobhanakumari. The e-auction is scheduled for June 26, 2026, from 10:00 AM to 05:00 PM. Interested bidders can inspect the property on or before June 23, 2026. This land and building for sale in Kollam presents a compelling opportunity for investors seeking bank auction properties.
GeoSquare note: This land and building property in Arackal Village, Kollam, offers a significant land area of 20.30 ares with clear boundaries, making it a strong potential investment. The location in Kollam District, Kerala, is generally desirable for real estate. The reserve price appears reasonable for the size. However, the symbolic possession status implies potential challenges, slightly tempering the rating. Overall, it's a strong buy for investors comfortable with SARFAESI auction procedures.
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