Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:598006
Bank Name:Union Bank of India
Branch Name:REGIONAL OFFICE KOLLAM
Reserve Price:₹15,45,000
EMD:₹1,54,500
Auction Time:12:00 PM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:29-10-2025 05:00 PM
Bid Start Date:2025-10-30
Property Description
This is a bank auction for a Residential Land and Building located in Karungapally, Kollam, Kerala. The property was formerly owned by Mr. Rajesh Kumar Rajan. It's a great opportunity to acquire a property in a well-connected area of Kollam.
State:Kerala
City:Kollam
Area:karungapally
Asset Category:Residential
Full Address:Thykkoottathil Cheriazheekkal PO Alappad, Karunagapally, Kollam
Size:4.30 Ares
Auction Description
Union Bank of India is conducting a SARFAESI auction for a Land and Building property in Karungapally, Kollam. The reserve price is ₹15,45,000 and the EMD is ₹1,54,500. The auction will take place on October 30, 2025, starting at 12:00 PM and ending at 5:00 PM. Don't miss this chance to bid on a residential asset.
Borrower Name:Mr. Rajesh Kumar Rajan
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sumitha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property presents a reasonable opportunity given its location in Kerala and the relatively lower reserve price. However, prospective buyers should consider due deligence on the existing structure, land condition and locality before committing. The terms of the auction are standard, requiring a substantial EMD.
Contact Details
Branch:Branch Office : REGIONAL OFFICE KOLLAM
Service Provider:BAANKNET
Contact Details:
Contact no: —
