Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612656
Bank Name:UCO Bank
Branch Name:Kollam Branch
Reserve Price:₹2,02,00,000
EMD:₹20,20,000
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
UCO Bank presents a SARFAESI auction for a prime parcel of land located in Kunnathoor Taluk, Kollam, Kerala. This residential asset offers a significant opportunity for developers or individuals seeking land in a well-established area. The property is being auctioned by UCO Bank on behalf of the borrower, M/s. Arafa Gold & Diamonds Pvt Ltd. Ideal for residential development, this land parcel is situated in the vibrant city of Kollam, known for its commercial and cultural significance. Don't miss this chance to acquire valuable real estate in a sought-after location.
State:Kerala
City:Kollam
Area:Kunnathoor Taluk,
Asset Category:Residential
Full Address:Re.Sy.No.390/13 & 390/14 in Block No. 14, of Sasthamcotta Village, Kunnathoor TK, Sasthamcotta Village, Kollam
Size:61.30 Ares
Auction Description
This is an online SARFAESI auction conducted by UCO Bank for a land property in Kunnathoor Taluk, Kollam, Kerala. The auction is scheduled to commence on November 28, 2025, at 11:00 AM and will conclude at 5:00 PM on the same day. The reserve price for this land parcel is set at INR 2,02,00,000, with an Earnest Money Deposit (EMD) of INR 20,20,000 required to participate. This is a direct opportunity to bid on a significant land asset with clear title, offered under the SARFAESI Act.
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 is situated in Kunnathoor Taluk, Kollam, offering potential for future development. While the reserve price is substantial, the auction terms and location present a calculated opportunity for investors seeking land holdings. Further due diligence on local market trends and development plans is advisable.
Contact Details
Branch:Branch Office : Kollam Branch
Service Provider:Public Auction
Contact Details:
Chief Manager and Authorized Officer
Contact no: —
