Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609767
Bank Name:Punjab National Bank
Branch Name:Circle Office
Reserve Price:₹28,19,000
EMD:₹2,81,000
Bid Increment:₹10,000
Auction Time:10:30 AM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:15-11-2025 05:00 PM
Bid Start Date:2025-11-17
Property Description
A valuable plot of land located in Kottarakkara, Kollam, Kerala. This residential plot is being auctioned by Punjab National Bank. Situated in a well-developing area, it presents a great opportunity for construction and investment. The property is offered under the SARFAESI Act. Title and possession details will be provided to interested bidders.
State:Kerala
City:Kollam
Area:Kottarakkara
Asset Category:Residential
Full Address:CP/XIV/165B, CP/XIV/165B, Mankodu Village, Kottarakkara Taluk, Kollam District, Kottarakkara, Kollam
Size:2.00 Ares
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Kottarakkara, Kollam, Kerala. The auction will take place on November 17, 2025, from 10:30 AM to 5:00 PM. The reserve price is set at INR 28,19,000, with an Earnest Money Deposit (EMD) of INR 2,81,000 required to participate. This is a prime opportunity to acquire a plot in a sought-after location. Contact the bank for detailed auction terms and conditions.
Borrower Name:M/s BLUE WHALE GROUP
Auction Type:SARFAESI Auction
Guarantor Names:Sri. M Mubarak, Smt. K Rejna
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property, a plot in Kottarakkara, Kollam, presents a calculated investment opportunity. While the location is promising, further due diligence is advised. The reserve price and EMD appear reasonable, warranting consideration for investors familiar with the local market.
Contact Details
Branch:Branch Office : Circle Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
