Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611425
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹92,00,000
EMD:₹9,20,000
Service Provider:BAANKNET
Important Dates
Submission Date:24-11-2025 05:00 PM
Bid Start Date:25-11-2025 10:30 AM
Property Description
This is a prime piece of land located in Paripally, Kollam, Kerala, ideal for residential development. The property is being auctioned by Canara Bank as part of a SARFAESI auction. Its location offers excellent connectivity and potential for growth, making it an attractive investment opportunity.
State:Kerala
City:Kollam
Area:Paripally
Asset Category:Residential
Full Address:Paripally Village, Kollam Taluk, Kollam, Paripally, Kollam
Size:64.53 Ares
Auction Description
Canara Bank is conducting a SARFAESI auction for a valuable land parcel in Paripally, Kollam, Kerala. The auction has a reserve price of ₹92,00,000 and requires an EMD of ₹9,20,000. Bidders are invited to participate in this online auction scheduled for November 25, 2025, from 10:30 AM to 11:30 AM. This is a unique chance to acquire a significant asset in a developing region.
Borrower Name:M/s Zara Exports
Auction Type:SARFAESI Auction
Why This Property
The land in Paripally, Kollam, presents a calculated opportunity. The reserve price seems reasonable, and the location may offer potential for future appreciation. However, further due diligence is advised to understand local market dynamics and any specific encumbrances before considering this bank auction.
Contact Details
Branch:Branch Office : ARM Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
