Property for Auction in Karunagapally Taluk, Kollam, Kerala
Auction ID:553015
Bank Name:Federal Bank
Branch Name:LCRD/Mavelikkara Divison
Reserve Price:₹90,00,000
EMD:₹9,00,000
Service Provider:Public Auction
Submission Date:08-09-2025 05:00 PM
Bid Start Date:09-09-2025 10:30 AM
This offering is for a residential plot situated in the Karunagapally Taluk of Kollam district, Kerala. The property is being auctioned by Federal Bank under SARFAESI provisions. It presents a significant opportunity for individuals or developers looking to invest in land in a well-connected region of Kerala. The plot is identified as a vacant land parcel suitable for residential development.
State:Kerala
City:Kollam
Area:Karunagapally Taluk
Asset Category:Residential
Federal Bank is conducting a SARFAESI auction for a residential plot located in Karunagapally Taluk, Kollam, Kerala. The property previously belonged to Mr. Nizar. The auction will take place on September 9, 2025, from 10:30 AM to 5:00 PM. The reserve price for this auction is ₹9,000,000, with an Earnest Money Deposit (EMD) of ₹900,000 required to participate. This is a prime opportunity to acquire a plot in a sought-after location.
Borrower Name:Mr. Nizar
Auction Type:SARFAESI Auction
Contact:- 0479 2303005