1,600 sq feet House for Auction in Kollam, Punalur, Kollam – SBI

Property Details

Property type

House (Residential)

Possession

Physical Possession

Area

1,600 sq feet (≈ 1,600 sq ft)

Reserve price / sq ft

₹1,400

Locality

Kollam, Punalur

City

Kollam

State

Kerala

Pincode

689696

Address

kollam, Punalur, Kerala, 689696 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB THIRUVANANTHAPURAM-10058

Auction type

SARFAESI Auction

Borrower

Jaya K**** S

Auction start

20 Nov 2026, 11:00 AM

Auction end

20 Nov 2026, 04:00 PM

EMD submission deadline

19 Nov 2026, 05:00 PM

Inspection

—

Authorised officer

K P Suresh

Officer contact

8861987739

E-auction portal

BAANKNET (Property ID SBIN200059269942)

Price Check

This listing's reserve price works out to ₹1,400 per sq ft. The average across residential bank auctions in Kollam on our site is ₹3,115 per sq ft, so this one is 55% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on the inspection date given in the notice and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN200059269942)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 19 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 20 Nov 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.