0.14 acres House for Auction in Punalur, Kollam – Canara

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

0.14 acres (≈ 6,098 sq ft)

Reserve price / sq ft

₹984

Locality

Punalur

City

Kollam

State

Kerala

Pincode

691305

Address

Punalur, Kerala, 691305 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALIZED ARM BRANCH, THIRUVANANTHAPURAM

Auction type

SARFAESI Auction

Borrower

SABU M*****

Auction start

30 Oct 2026, 11:30 AM

Auction end

30 Oct 2026, 12:30 PM

EMD submission deadline

29 Oct 2026, 05:00 PM

Inspection

17 Oct 2026, 10:00 AM – 29 Oct 2026, 04:00 PM

Authorised officer

JANAPRIYA D

Officer contact

9037756600

E-auction portal

BAANKNET (Property ID CNRB239669801)

Price Check

This listing's reserve price works out to ₹984 per sq ft. The average across residential bank auctions in Kollam on our site is ₹3,115 per sq ft, so this one is 68% 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 17 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB239669801)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 29 Oct 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 Oct 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.