Land for auction Neduvathoor Villa, Kottarakkara, Kollam by SBI

Discover a promising residential land and building opportunity in the vibrant locale of Kottarakkara, Kollam, Kerala. This property, offered by the State Bank of India, is situated in Neduvathoor Village and represents a substantial landholding of approximately 4.65 Ares, registered in the name of Mr. Anilkumar, along with an additional 0.81 Ares registered in the names of Mr. Anilkumar and Mrs. Sreelatha P. The property features existing improvements and buildings, offering immediate potential or scope for redevelopment. Its strategic location benefits from proximity to essential amenities and transport links. The land parcel is well-defined, with clear boundaries including Gopala Pillai's property to the north, a PWD road and properties of Saraswathy Amma and Sobhanakumari to the south, Sobhanakumari and Vazhy to the east, and Raveendran Nair's property to the west. This presents a unique chance for new buyers to invest in a property with considerable potential in a developing area of Kollam district.

This auction presents a significant opportunity to acquire a land and building property in Kottarakkara, Kollam, Kerala, through a SARFAESI auction conducted by the State Bank of India. The auction is scheduled for July 31, 2025, with bidding open from 11:00 AM to 4:00 PM. To participate, prospective buyers must submit their applications by July 30, 2025, 5:00 PM. The reserve price for this asset is INR 53,37,000, with an Earnest Money Deposit (EMD) of INR 5,33,700 required. This property is located in Neduvathoor Village and comprises approximately 4.65 Ares of land, along with existing improvements and buildings, plus an additional 0.81 Ares. The property is bounded by Gopala Pillai's property to the north, Saraswathy Amma, Sobhanakumari, and a PWD road to the south, Sobhanakumari and Vazhy to the east, and Raveendran Nair's property to the west. For further details and to view the sale notice, please refer to the provided URLs. Interested parties are encouraged to conduct their due diligence on the property and the auction terms before bidding.