Property for Auction in Pathanapuram, Kollam, Kerala
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614529
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹16,50,000
EMD:₹1,65,000
Bid Increment:₹1
Auction Time:10:30 A.M. to 11:30 A.M.
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-27
This offering presents a prime piece of real estate in Pathanapuram, Kollam, Kerala. The property comprises both land and a building, categorized as residential. It's an excellent opportunity for investment or personal use in a well-situated area. Potential buyers are encouraged to conduct their own due diligence regarding the property's exact condition and potential. This SARFAESI auction by Canara Bank is a chance to acquire a valuable asset. The property's location in Kollam, a significant district in Kerala, adds to its appeal. Don't miss this chance to own a property in a developing region.
State:Kerala
City:Kollam
Area:Pathanapuram
Asset Category:Residential
Full Address:Sy No. 1496/2 of Pattazhi Village, Pathanapuram Taluk, Kollam District, Pathanapuram, Kollam
Size:8.09 Ares
Canara Bank is conducting a SARFAESI auction for a Land and Building property located in Pathanapuram, Kollam, Kerala. The auction will take place on November 27, 2025, with bidding open from 10:30 AM to 11:30 AM. The reserve price for this valuable asset is set at INR 1,650,000, with an Earnest Money Deposit (EMD) of INR 165,000. This is a unique opportunity to acquire residential property through a transparent auction process. Interested bidders should review all auction terms and conditions provided by Canara Bank.
Borrower Name:M/s Asian Agro Foods
Auction Type:SARFAESI Auction
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property, a land and building in Pathanapuram, Kollam, presents a calculated investment opportunity. With a moderate reserve price and strategic location, it holds potential for development or resale. However, prospective buyers should carefully assess the local market and conduct thorough due diligence.
Branch:Branch Office : ARM Branch - Ernakulam
Service Provider:BAANKNET
Contact Details:
Contact no:0484-2353072/2353071