Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610031
Bank Name:Indian Overseas Bank
Branch Name:Regional Office
Reserve Price:₹22,00,000
EMD:₹2,20,000
Auction Time:11 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:2025-11-18
Property Description
This SARFAESI auction features a prime residential property in Kollam, Kerala, consisting of land and a building. Located in the heart of Kollam city, this asset offers a unique opportunity for investment or personal use. The property is associated with borrower Mr. Jayan G and is being auctioned by Indian Overseas Bank. Don't miss this chance to acquire valuable real estate in a sought-after location.
State:Kerala
City:Kollam
Area:Kollam
Asset Category:Residential
Full Address:Re Sy No. 188/15-2, Old Sy No. 2810 in Kollam Taluk, Meenad Village, Kollam District, Meenad Village, Kollam
Size:2.43 Ares
Auction Description
Indian Overseas Bank presents a SARFAESI auction for a residential land and building property in Kollam, Kerala. The auction has a reserve price of ₹22,00,000 and an Earnest Money Deposit (EMD) of ₹2,20,000. Bidding opens on November 18, 2025, at 11:00 AM and concludes at 5:00 PM on the same day. This is a direct opportunity to purchase a property through a bank auction.
Borrower Name:Mr. Jayan G
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Saritha
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property represents a calculated opportunity due to its location in Kollam, Kerala, a developing area. The land and building type offers potential for various uses. The auction terms and reserve price necessitate careful due diligence before bidding.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no:0474-2590464
