Land And Building for auction Mangad Kollam 80 lakh Canara Bank

This auction features a valuable Land and Building property located in Mangad, Kollam, Kerala. Classified under the Residential asset category, this property presents a significant opportunity for investment or personal use. The property is offered by Canara Bank through a SARFAESI auction, indicating a clear title and a straightforward transaction process. Situated in a developing area, it holds potential for future appreciation. The land and building together form a substantial asset, suitable for various development plans or immediate occupancy. Detailed site visits can be arranged upon request to appreciate the full scope of this offering.

Canara Bank is conducting a SARFAESI auction for a prime Land and Building property in Mangad, Kollam, Kerala. The auction will take place on November 25, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this attractive asset is INR 8,000,000, with an Earnest Money Deposit (EMD) of INR 800,000 required to participate. This is a unique opportunity to acquire a residential property directly from the bank. Interested bidders are advised to review all auction terms and conditions available from Canara Bank. Ensure all documentation is complete prior to the auction start time to avoid missing out on this exceptional deal.

The property in Mangad, Kollam offers potential due to its land and building status, but requires careful evaluation given the limited information and auction details. The relatively moderate reserve price and EMD suggest a potentially viable investment, warranting further due diligence before bidding.