Land And Building for auction Thrikkovilvattom Kollam 21 lakh State Bank of India

This SARFAESI auction presents a unique opportunity to acquire a Land and Building property in the scenic Thrikkovilvattom area of Kollam, Kerala. Situated in a desirable residential locale, this property, previously owned by Vidyasagar S, offers a blend of land and a constructed building, making it ideal for various residential purposes. The location provides easy access to local amenities and infrastructure. This is a bank auction conducted by the State Bank of India.

The State Bank of India is holding a SARFAESI auction for a Land and Building property in Thrikkovilvattom, Kollam, Kerala. The auction will take place on November 12, 2025, starting at 11:00 AM and concluding at 01:00 PM. The reserve price for this residential asset is ₹2,080,000.00, with an Earnest Money Deposit (EMD) of ₹208,000.00 required to participate. This is a prime opportunity for interested buyers to acquire property through a transparent bank auction process.

The property offers a decent investment opportunity given its land size and location in Kollam. While not a prime investment, the reserve price and EMD make it a calculated risk for potential buyers. Further due diligence is recommended to assess the property's true market value and development potential.