Land for auction Properties Mayyanad Kollam by Indian Bank

This offering is for a residential property consisting of land and a building situated in Mayyanad, Kollam, Kerala. The property is being auctioned by Indian Bank under the SARFAESI Act. Located in a desirable area, it presents a solid investment opportunity. The asset category is residential, making it suitable for various living or investment purposes. The property is associated with the borrower M/s NYB Traders.

Indian Bank is conducting a SARFAESI auction for a residential property located in Mayyanad, Kollam, Kerala. The property, which includes land and a building, was previously owned by M/s NYB Traders. The auction will take place on September 10, 2025, from 11:00 AM to 4:00 PM. The reserve price for this auction is INR 47,60,000, with an Earnest Money Deposit (EMD) of INR 4,76,000 required. This is a prime opportunity to acquire a property in a well-known area of Kerala.