Land for auction 05 Edamon Villa, Pathanapuram, Kollam by SBI

Discover a promising real estate investment in Pathanapuram, Kollam, Kerala, featuring a substantial parcel of land and an existing building. This property, identified by Survey Numbers 48/3/10 and 48/4/9 in Edamon Village, offers a total area of approximately 5.05 Ares of land along with a 60 sqm built-up space, providing a solid foundation for residential development or personal use. The land is bounded by the property of Baby to the north, Pulari Road to the east, the property of Sobhana to the south, and the property of Tharakan to the west. Its location in Kollam District, a region known for its scenic beauty and developing infrastructure, makes it an attractive prospect for both local and out-of-state buyers. The property was last transferred via Sale Deed No. 2732/06, dated July 10, 2006, standing in the name of Sri. Joseph PA and Smt. Aleyamma Joseph. This asset category is classified as Residential, indicating its potential for home construction or renovation.

This SARFAESI auction presents a compelling opportunity to acquire a residential property comprising land and a building, situated in the desirable Pathanapuram Taluk of Kollam District, Kerala. The property, located in Edamon Village, spans approximately 5.05 Ares of land with existing improvements, further complemented by a 60 sqm area in an adjacent survey number. Its strategic position benefits from proximity to Pulari Road, offering convenient access. The auction is being conducted by the State Bank of India, with a reserve price of INR 54,00,000 and an Earnest Money Deposit (EMD) of INR 5,40,000. The bidding process will commence on July 31, 2025, from 11:00 AM and conclude at 04:00 PM on the same day. Interested buyers are encouraged to submit their applications by July 30, 2025, 05:00 PM. This auction is facilitated by BAANKNET, and further inquiries can be directed to the State Bank of India's Thiruvananthapuram branch at 0471-2318096 or 2317095. For those new to bank auctions, this represents a structured pathway to property ownership.