Land And Building for auction Meenad Kollam 22 lakh Indian Overseas Bank

This SARFAESI auction presents a unique opportunity to acquire land and a building in Meenad, Kollam, Kerala. The property, previously owned by Mr. Jayan G, is being auctioned by Indian Overseas Bank. It's a residential asset located in the well-connected area of Meenad. This is a chance to own a piece of real estate in Kollam, offering potential for residential use or investment. The property details suggest a solid structure suitable for various needs.

Indian Overseas Bank is conducting a SARFAESI auction for a Land and Building property in Meenad, Kollam, Kerala. The auction is scheduled for November 18, 2025, with bidding open from 11:00 AM to 5:00 PM on the same day. The reserve price for this residential asset is set at INR 2,200,000, with an Earnest Money Deposit (EMD) of INR 220,000 required to participate. This is a prime opportunity for prospective buyers to bid on a valuable property in a desirable location.

The property is a land and building in Meenad, Kollam, offered at a reserve price of ₹2200000.0. While the location is promising, further due diligence is advised before bidding. The auction terms seem standard, presenting a calculated investment opportunity.