Land for auction Karimpaloorkonam Cherry, Paripally Village Kollam 20 lakh Indian Bank

This is a prime land parcel located in Chathannoor, Kollam, Kerala, offered for auction by Indian Bank. The property falls under the residential asset category, presenting a great opportunity for development or investment. Situated in a well-connected area of Kollam, this land is ideal for constructing your dream home or for potential real estate ventures. Don't miss this chance to acquire valuable property in a growing region.

Indian Bank presents a SARFAESI auction for a land property in Chathannoor, Kollam, Kerala. The auction is scheduled for November 19, 2025, with bidding open from 11:00 AM to 4:00 PM. The reserve price for this residential land is ₹19,60,000, with an Earnest Money Deposit (EMD) of ₹1,96,000 required to participate. This is a direct opportunity from the bank to acquire a property previously owned by Mis Sree Ganesh Enterprises. Ensure all documentation is in order to bid.

The property represents a calculated opportunity due to its land size and location in Kollam, Kerala. The reserve price appears reasonable, but prospective buyers should conduct thorough due diligence. The auction terms are standard, making it an accessible investment for those familiar with the region.