Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612652
Bank Name:UCO Bank
Branch Name:Kollam Branch
Reserve Price:₹1,32,50,000
EMD:₹13,25,000
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
This offering presents a parcel of land located in Kunnathoor Taluk, Kollam, Kerala. As a residential asset, this plot is suitable for development. The property is being auctioned by UCO Bank under SARFAESI regulations. The reserve price is INR 1,32,50,000.00, with an Earnest Money Deposit (EMD) of INR 13,25,000.00. This is a prime opportunity to acquire land in a developing area.
State:Kerala
City:Kollam
Area:Kunnathoor Taluk,
Asset Category:Residential
Full Address:Sasthamcotta Village, Kunnathoor TK & Kollam DT, Sasthamcotta Village, Kollam
Size:61.15 Ares
Auction Description
UCO Bank is conducting a SARFAESI auction for a land property in Kunnathoor Taluk, Kollam, Kerala. The auction will take place on November 28, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this residential land is INR 1,32,50,000.00, and interested bidders must submit an EMD of INR 13,25,000.00. The borrower for this auction is M/s. Arafa Gold & Diamonds Pvt Ltd.
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
The land offers a decent investment opportunity due to its size and location in Kunnathoor, Kollam. The reserve price seems reasonable, and the symbolic possession indicates relative ease of acquisition. However, potential investors should thoroughly investigate the surrounding area and any encumbrances before bidding.
Contact Details
Branch:Branch Office : Kollam Branch
Service Provider:Public Auction
Contact Details:
Chief Manager and Authorized Officer
Contact no: —
