Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:596073
Bank Name:Canara Bank
Branch Name:Specialised ARM Branch
Reserve Price:₹60,00,000
EMD:₹6,00,000
Service Provider:BAANKNET
Important Dates
Submission Date:30-10-2025 05:00 PM
Bid Start Date:31-10-2025 11:30 AM
Property Description
Discover a prime investment opportunity with this land and building located in the bustling area of Kilikolloor, Kollam, Kerala. This residential asset, part of a SARFAESI auction by Canara Bank, presents a unique chance to acquire property in a developing region. The property is situated in a well-connected locality, offering potential for both residential and commercial utilization. Ideal for investors seeking to expand their portfolio in South India.
State:Kerala
City:Kollam
Area:Kilikolloor
Asset Category:Residential
Full Address:Re Sy no 540/10/4 and 540/10/1-2, Block no 15, Kilikolloor Village, Kollam Taluk, Kollam District, Kilikolloor, Kollam
Size:5.25 ares
Auction Description
Canara Bank presents a SARFAESI auction for a valuable land and building asset in Kilikolloor, Kollam, Kerala. The auction has a reserve price of ₹6,000,000 and requires an EMD of ₹600,000. Bidding opens on October 31, 2025, at 11:30 AM and closes at 12:30 PM on the same day. This is a fantastic opportunity to own a property previously associated with M/s Ambadi Cashew Traders. Don't miss this chance to bid on a significant real estate asset.
Borrower Name:M/s Ambadi Cashew Traders
Auction Type:SARFAESI Auction
Guarantor Names:Mr Sajeev K
Why This Property
The property offers a solid opportunity given its location and land size, balanced by the unknown condition of the building. The reserve price appears reasonable, but further due diligence is necessary. It's a calculated opportunity with potential for value appreciation.
Contact Details
Branch:Branch Office : Specialised ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
