Property for Auction in Kottarakkara, Kollam, Kerala
Auction ID:442334
Bank Name:Canara Bank
Branch Name:ARM Branch - Ernakulam
Reserve Price:₹40,00,000
EMD:₹4,00,000
Service Provider:BAANKNET
Submission Date:27-02-2025 05:00 PM
Bid Start Date:28-02-2025 10:30 AM
The property is a Land And Building located in Kottarakkara, Kollam, Kerala. It comprises 17.80 ares of land and a residential building. The land is situated in Sy No 140/7, 140/8, 140/8-2, 140/21, 140/22 in Block no 14 of Mylom Village. The property is in the name of Mr. Jayakumar and is associated with the borrower M/s Punartham Cashews.
State:Kerala
City:Kollam
Area:Kottarakkara
Asset Category:Residential
This is a SARFAESI Auction conducted by Canara Bank for a Residential Land and Building located in Kottarakkara, Kollam, Kerala. The property is identified as Item 1, in the name of Sri Jayakumar, covered by document 3875/2012. It consists of 17.80 ares of land in Sy No 140/7, 140/8, 140/8-2, 140/21, 140/22 in Block no 14 of Mylom Village, along with a residential building. The boundaries are: North: PWD Road, South: Property of Mohan Pillai, East: Causeway towards Mohanan Pillai, West: Property of Damodaran Pillai. The borrower is M/s Punartham Cashews. The auction has a reserve price of ₹4,000,000.00 and an Earnest Money Deposit (EMD) of ₹400,000.00. The auction will be conducted by BAANKNET, serviced by ARM Branch - Ernakulam, and will take place on 28-02-2025 from 10:30 AM to 11:30 AM. The application submission deadline is 27-02-2025 by 05:00 PM.
Borrower Name:M/s Punartham Cashews
Auction Type:SARFAESI Auction
Contact no:0484-2353072/2353071