Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612642
Bank Name:UCO Bank
Branch Name:Kollam Branch
Reserve Price:₹12,00,000
EMD:₹1,20,000
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 is a prime plot of land located in the Kunnathoor Taluk of Kollam, Kerala. The property is classified under the residential asset category. It presents a significant opportunity for development or investment in a growing region. The land is being auctioned by UCO Bank under SARFAESI regulations.
State:Kerala
City:Kollam
Area:Kunnathoor Taluk,
Asset Category:Residential
Full Address:Sasthamcotta Village, Kunnathoor TK & Kollam DT, Sasthamcotta Village, Kollam
Size:5.70 Ares
Auction Description
UCO Bank is conducting a SARFAESI auction for a valuable plot of land in Kunnathoor Taluk, Kollam, Kerala. The auction is for a residential property previously associated with M/s. Arafa Gold & Diamonds Pvt Ltd. The reserve price is set at ₹12,00,000, with an EMD of ₹1,20,000. The auction will take place on 28-11-2025, starting at 11:00 AM and concluding at 05:00 PM. Interested bidders should review all auction terms and conditions.
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 property is a land parcel located in Kunnathoor, Kollam, presenting a potential investment opportunity. The reserve price appears reasonable for the area. Further due diligence is recommended to assess the land's development potential.
Contact Details
Branch:Branch Office : Kollam Branch
Service Provider:Public Auction
Contact Details:
Chief Manager and Authorized Officer
Contact no: —
