Land And Building for auction Chadayamangalam Kollam 35 lakh Canara Bank

This is a prime Land and Building property located in Kottarakkara, Kollam, Kerala. Classified under the residential asset category, this property presents a unique investment opportunity. The property is being auctioned by Canara Bank as part of a SARFAESI action. The borrower associated with this asset is M/s Green City Shopping Bazar. Situated in a developing area, this land and building offers potential for residential use or further development. Its location in Kottarakkara, Kollam, makes it accessible and part of the vibrant Kerala real estate market. Don't miss this chance to acquire a valuable asset.

Canara Bank is conducting a SARFAESI auction for a Land and Building property in Kottarakkara, Kollam, Kerala. The auction will take place on December 5, 2025, with bidding open from 11:30 AM to 12:30 PM. The reserve price for this valuable asset is set at INR 3,500,000, with an Earnest Money Deposit (EMD) of INR 350,000 required to participate. This is a fantastic opportunity for potential buyers to acquire a residential property in a sought-after location. The auction is being held under the SARFAESI Act. Interested parties are encouraged to review all auction terms and conditions prior to bidding.

The property is a land with building in Kollam, offered at a reasonable reserve price. While the location is not prime, the presence of a residential building adds value. The auction terms are standard, making it a calculated opportunity for interested buyers looking for development potential.