136 sq meter House for Auction in Kollam – Indian Bank

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

136 sq meter (≈ 1,463 sq ft)

Reserve price / sq ft

₹2,049

Locality

—

City

Kollam

State

Kerala

Pincode

691601

Address

Kollam, Kerala, 691601 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Indian Bank

Branch

KOLLAM - 267

Auction type

SARFAESI Auction

Borrower

Mr S**** M*****

Auction start

18 Nov 2026, 10:00 AM

Auction end

18 Nov 2026, 04:00 PM

EMD submission deadline

18 Nov 2026, 04:00 PM

Inspection

19 Oct 2026, 10:00 AM – 17 Nov 2026, 04:00 PM

Authorised officer

INDIAN BANK KOLLAM BRANCH

Officer contact

9447667400

E-auction portal

BAANKNET (Property ID IDIB6810260646)

Price Check

This listing's reserve price works out to ₹2,049 per sq ft. The average across residential bank auctions in Kollam on our site is ₹3,115 per sq ft, so this one is 34% 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 19 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID IDIB6810260646)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 18 Nov 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 18 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.