Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:589826
Bank Name:Canara Bank
Branch Name:Asset Recovery Management Branch
Reserve Price:₹42,30,000
EMD:₹4,23,000
Auction Time:11.30 am and 12.30 pm
Service Provider:BAANKNET
Important Dates
Submission Date:2025-10-29
Bid Start Date:2025-10-31
Property Description
A valuable Land And Building property located in Kilikolloor, Kollam, Kerala, offered by Canara Bank. This residential asset presents a unique opportunity for investment or personal use in a well-situated area. The property is part of a SARFAESI auction, providing a clear legal title. Its location in Kollam, a prominent city in Kerala, ensures good connectivity and access to local amenities.
State:Kerala
City:Kollam
Area:Kilikolloor
Asset Category:Residential
Full Address:Kilikolloor Village, Kollam Taluk, Kollam District, Kilikolloor, Kollam
Size:4.05 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a Land And Building property in Kilikolloor, Kollam, Kerala. The auction features a competitive reserve price of ₹4,230,000.00 and requires an Earnest Money Deposit (EMD) of ₹423,000.00. Bidders are encouraged to participate in this timed auction, which commences on October 31, 2025, at 11:30 AM and concludes at 12:30 PM on the same day. This is a prime opportunity to acquire a significant asset.
Borrower Name:M/s Digits Digital World
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Mumthas A, Shri. Najimudeen T, Shri. Thajudheen, Noushad.T, Shamnad T, Irshad.T, Smt.Summaya
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Kilikolloor, Kollam, offered at a reserve price of ₹4230000.0. While the location is decent, the calculated opportunity rating reflects a balance between potential returns and associated risks, making it suitable for investors seeking moderate gains.
Contact Details
Branch:Branch Office : Asset Recovery Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no:0471-2324797/9037756600
