Land for auction 8 Pattazhi Villa, Pathanapuram, Kollam by SBI

Discover a promising real estate opportunity with this Land and Building property located in the serene Pattazhi Village of Pathanapuram Taluk, Kollam District, Kerala. Spanning 8.09 Ares (approximately 870.8 sq ft), this property is situated in a well-connected area, offering a blend of tranquility and accessibility. The asset, registered in the name of Sri. Samkutty Daniel, includes existing structures and potential for future construction, making it a versatile investment. The boundaries are clearly defined, with adjacent properties of Baby to the North and East, a Road to the South, and NSS Estate to the West. Being a residential asset category, it holds significant appeal for individuals or families seeking to build their home or for investors looking for rental income potential. The property's location within Kollam District, a region known for its growing infrastructure and natural beauty, further enhances its investment value.

This SARFAESI auction, conducted by the State Bank of India, presents a unique opportunity to acquire a land and building asset in the vibrant region of Pathanapuram, Kollam, Kerala. The auction will commence on July 31, 2025, and conclude on the same day at 4:00 PM. Prospective buyers are required to submit their applications by July 30, 2025, at 5:00 PM. The property is situated on 8.09 Ares of land in Re Sy No: 159/22, Pattazhi Village, with clear boundaries defined as North by property of Baby, South by Road, East by property of Baby, and West by NSS Estate. The reserve price for this asset is ₹3,600,000, with an Earnest Money Deposit (EMD) of ₹360,000. This offering is ideal for new buyers looking to invest in a property with potential for development or personal use, providing a straightforward entry into the bank auction market.