Land for auction Vettikavala Kollam 73 lakh Canara Bank

This is a SARFAESI auction for a valuable parcel of land located in Kottarakkara, Kollam, Kerala. Offered by Canara Bank, this residential land presents a unique investment opportunity in a well-regarded area. The property is situated in a region known for its growth potential. This auction is a direct sale, providing a straightforward process for interested buyers. The land is ideal for developing residential properties or for individual use. Its strategic location in Kollam ensures accessibility and convenience.

Canara Bank is conducting a SARFAESI auction for a plot of land in Kottarakkara, Kollam, Kerala. The auction will take place on December 15, 2025, starting at 11:30 AM and concluding at 12:30 PM. The reserve price for this land parcel is ₹73,00,000, with an Earnest Money Deposit (EMD) of ₹7,30,000 required to participate. This is an excellent opportunity to acquire land in a sought-after location. All interested bidders are encouraged to review the auction terms and conditions provided by Canara Bank.

The property is a land parcel in a developing area, offering potential for future appreciation. While the location isn't a prime metro, the reserve price seems reasonable. Investors should conduct thorough due diligence regarding local market trends and growth prospects.