Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610303
Bank Name:Kerala Gramin Bank
Branch Name:Head Office : Malappuram
Reserve Price:₹16,16,400
EMD:₹1,61,640
Auction Time:11:00 AM to 01:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-05-12
Bid Start Date:2025-12-15
Property Description
This is a land property located in the heart of Kollam, Kerala, offered for auction by Kerala Gramin Bank. Situated in the Kollam area, this asset presents a unique opportunity for investment or development. The property is categorized as residential, making it suitable for building a home or other residential structures. Its prime location in Kollam city ensures accessibility and convenience.
State:Kerala
City:Kollam
Area:Kollam
Asset Category:Residential
Full Address:Sy No.49 in Kollam East village, Kollam East, Kollam
Size:3.11 Cents
Auction Description
Kerala Gramin Bank is conducting a SARFAESI auction for a land property in Kollam, Kerala. The auction has a reserve price of INR 16,16,400 and an Earnest Money Deposit (EMD) of INR 1,61,640. The auction will take place on December 15, 2025, commencing at 11:00 AM and concluding at 01:00 PM. This is a prime opportunity to acquire valuable land in a sought-after location. Interested bidders are advised to review all auction terms and conditions prior to participating.
Borrower Name:Sri. Syam V
Auction Type:SARFAESI Auction
Guarantor Names:Sri. Binu R
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land parcel in Kollam, Kerala, offered at a reasonable reserve price. While land investments can be promising, the location and terms of the auction require careful evaluation. This presents a calculated opportunity for informed investors.
Contact Details
Branch:Branch Office : Head Office : Malappuram
Service Provider:drt.auctiontiger.net
Contact Details:
JOBY JOSEPH
Contact no:9400999755
