Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611424
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹96,00,000
EMD:₹9,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
A prime parcel of land located in Mangad, Kollam, Kerala, designated for residential use. This SARFAESI auction presents a unique opportunity to acquire a valuable plot in a sought-after area. Ideal for development or personal use, this land offers significant potential.
State:Kerala
City:Kollam
Area:Mangad
Asset Category:Residential
Full Address:Re Sy No. 19/30,00 30 Ares in Re Sy No, 19/31,1 40 Ares in Re Sy No 19/32 & 7.90 Ares in Re Sy No 19/21, in Block 15, Mangad Village, Kollam Taluk, Kollam District, Mangad, Kollam
Size:19.99 ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a residential land parcel in Mangad, Kollam, Kerala. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this property is ₹96,00,000, with an Earnest Money Deposit (EMD) of ₹9,60,000. This auction is an excellent chance to secure a real estate asset.
Borrower Name:M/s Arathy Cashew company
Auction Type:SARFAESI Auction
Why This Property
The land's location in Mangad, Kollam, offers potential for development. However, the lack of specific auction dates and detailed legal information warrants careful consideration. The reserve price seems reasonable for the area, but further due diligence is advised before bidding.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
