Representative illustration — Land And Building bank auction in Velinalloor Village
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Strong Buy

Land and Building for Auction Velinalloor Village Kollam 76.3 Lakh by Canara Bank 29 Jun 2026

Velinalloor Village, Kollam

Area: 60.70 Ares

Re-Survey No. 198/2, Block No. 37, Velinalloor Village, Kottarakkara Taluk, Kollam District

Canara Bank · SPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,

Reserve price

₹76,29,000

EMD ₹7,62,900

Auction date

29 Jun 2026, 11:30 AM

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Quick read

  • Possession: Symbolic
  • Area: 60.70 Ares
  • Locality: Velinalloor Village
  • Reserve: ₹76,29,000
  • EMD: ₹7,62,900

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityVelinalloor Village
Built-up / plot area60.70 Ares
LenderCanara Bank
BranchSPECIALISED ASSET RECOVERY MANAGEMENT BRANCH,
Unit / flat no.Re-Survey No. 198/2, Block No. 37
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Land And Building bank auction in Velinalloor Village, Kollam by Canara Bank — reserve price ₹76,29,000, 60.70 Ares, Symbolic possession.

Secure a significant investment opportunity with this Canara Bank auction property: a vast 60.70 Ares parcel of land along with an existing building, located in Velinalloor Village, Kottarakkara Taluk, Kollam District, Kerala. Ideal for industrial expansion or redevelopment, this bank auction property offers a strategic location with a reserve price of ₹7,629,000.0. The property is owned by Smt. Shamla and linked to M/s MAK Cashew Factory. Bidders are required to deposit an EMD of ₹762,900.0. Inspection is available on or before June 26, 2026, with the e-auction scheduled for June 29, 2026. This Kollam property for sale presents an excellent chance for investors looking for industrial land in Kerala.

GeoSquare note: This industrial land and building parcel of 60.70 Ares in Velinalloor Village, Kottarakkara, Kollam District, offers significant potential. Its substantial size and location in a growing district make it a strong investment for industrial development. The reserve price of ₹7,629,000.0 appears competitive, and symbolic possession is standard for bank auctions. This property is well-suited for buyers seeking a large-scale industrial asset in Kerala.

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