Representative illustration — Land And Building bank auction in Mangad Village
Representative illustration — not the actual property photograph.
Land And Building Residential Constructive possession Strong Buy

Land and Building for Auction Mangad Village Kollam 39 Lakh by Canara Bank 29 Jun 2026

Mangad Village, Kollam

Area: 5.38 ares

Re Sy No 231/12, 13-2, 13-3, Block No 15, Mangad Village, Kollam Taluk, Kollam District.

Canara Bank · SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,

Reserve price

₹39,00,000

EMD ₹3,90,000

Auction date

29 Jun 2026, 11:30 AM

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Quick read

  • Possession: Constructive
  • Area: 5.38 ares
  • Locality: Mangad Village
  • Reserve: ₹39,00,000
  • EMD: ₹3,90,000

Auction snapshot

PossessionConstructive
Property typeLand And Building · Residential
LocalityMangad Village
Built-up / plot area5.38 ares
LenderCanara Bank
BranchSPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Unit / flat no.Re Sy No 231/12, 13-2, 13-3, Block No 15
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Land And Building bank auction in Mangad Village, Kollam by Canara Bank — reserve price ₹39,00,000, 5.38 ares, Constructive possession.

Discover a valuable bank auction property: a 5.38 ares (approximately 5,800 sq ft) residential land parcel featuring an existing building, ideally situated in Mangad Village, Kollam Taluk, Kollam District, Kerala. This attractive plot, identified by Re Sy No 231/12, 13-2, 13-3, Block No 15, offers excellent accessibility with a Corporation road frontage to the East. Canara Bank presents this opportunity with a reserve price of ₹3,900,000 and an EMD of ₹390,000. Boundaries include properties of Radhakrishnan, Sara Umma & Latheef, and Corporation road. This residential property for sale is perfect for individuals or investors seeking a prime plot with development potential in a desirable Kollam location. The e-auction is scheduled for June 29, 2026, with property inspection available until June 26, 2026. Don't miss this bank auction property in Kerala.

GeoSquare note: This property in Mangad Village, Kollam, Kerala, offers good value as a residential land with an existing building on 5.38 ares. Its location with Corporation road access enhances its appeal and potential for appreciation. The reserve price of ₹3,900,000 is attractive for a property of this type and size in a growing district. While possession is noted as 'Constructive', it remains a strong investment opportunity.

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