Land And Building for auction Meenad Kollam 21 lakh Indian Bank

This is a SARFAESI auction of a residential land and building located in Meenad, Kollam, Kerala. The property is being auctioned by Indian Bank. The borrower is Mr. Shinejith RS. This is a great opportunity to acquire a property in a well-known location. The property is suitable for residential purposes and offers potential for future development or personal use. All necessary documents and details will be provided to interested bidders.

Indian Bank is conducting a SARFAESI auction for a land and building property in Meenad, Kollam, Kerala. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 4:00 PM. The reserve price for this auction is INR 2,119,200.00, with an Earnest Money Deposit (EMD) of INR 211,920.00 required. Bidders are encouraged to review all auction terms and conditions, inspect the property beforehand, and ensure they meet all eligibility criteria before participating.

The property, a land and building in Meenad, Kollam, presents a calculated opportunity. While the location is promising, potential investors should carefully assess the reserve price and conduct thorough due diligence. The auction terms are standard, warranting a balanced approach to investment.