All auctions / Kerala / Kollam
28Oct
- Reserve price
- ₹63,45,000
- EMD
- ₹6,34,500
- Bid increment
- ₹25,000
- Area
- 120 sq ft
- Price per sq ft
- ₹52,875
This is the 2nd auction of this property. The reserve price is 10% lower than at the last auction (₹70,50,000 on 14 Aug 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property20 Oct 2026, 11:00 AM – 20 Oct 2026, 1:00 PM
- Pay EMD and submit bid by28 Oct 2026, 3:00 PM
- Auction28 Oct 2026, 11:00 AM – 5:00 PM · in 13 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 28 Oct 2026 | ₹63,45,000 | -10.0% | Upcoming |
| 14 Aug 2026 | ₹70,50,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹6,34,500
- Rest of 25% when you win (same or next day)
- ₹9,51,750
- Balance 75%, usually within 15 days
- ₹47,58,750
- Stamp duty and registration (about 5–8%, varies by state)
- ₹3.17 L – ₹5.08 L
You may bid above the reserve in steps of ₹25,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Commercial · Shops
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- KOLLAM EAST VILLAGE, KOLLAM TALUK & DISTRICT 691001
- Borrower
- ARAFA GOLD DIAMONDS PVT LTD
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