Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612644
Bank Name:UCO Bank
Branch Name:Kollam Branch
Reserve Price:₹1,22,25,000
EMD:₹12,23,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
A prime plot of land located in the serene Kunnathoor Taluk of Kollam, Kerala. This residential land parcel offers a fantastic opportunity for development or investment in a growing region. Its strategic location provides easy access to local amenities and transportation networks. Don't miss this chance to acquire valuable real estate in Kollam.
State:Kerala
City:Kollam
Area:Kunnathoor Taluk,
Asset Category:Residential
Full Address:Sy.No. 147/8-2 & 147/9-2 in Block No. 10, of Mynagapally Village, Kunnathoor TK & Kollam DT, Mynagapally, Kollam
Size:10.12 Ares
Auction Description
UCO Bank presents a SARFAESI auction for a significant land property in Kunnathoor Taluk, Kollam, Kerala. The auction features a competitive reserve price of 12,225,000.00 and an EMD of 1,223,000.00. This is a unique opportunity to bid on residential land owned by M/s. Arafa Gold & Diamonds Pvt Ltd. The auction will take place on November 28, 2025, from 11:00 AM to 05:00 PM. Secure your participation today.
Borrower Name:M/s. Arafa Gold & Diamonds Pvt Ltd
Auction Type:SARFAESI Auction
Guarantor Names:Mr. ABDUL SALAM, Mrs. REMEELA BEEVI, Mr. RIYAZ MON, Mr. RAMEEZ A, Mr. SALAM RAFEEK, Mr. HAMEEDKUNJU K, Mrs. SHAINI A
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property in Kunnathoor, Kollam presents a valuable investment opportunity due to its residential land with building structure and strategic location. The reserve price appears reasonable, and the terms of the auction are standard. A strong buy recommendation is justified based on location and the potential return on investment.
Contact Details
Branch:Branch Office : Kollam Branch
Service Provider:Public Auction
Contact Details:
Chief Manager
Contact no: —
