All auctions / Kerala / Kollam
26Oct
- Reserve price
- ₹96,00,000
- EMD
- ₹9,60,000
- Bid increment
- ₹1,00,000
- Area
- 14,897 sq ft
- Price per sq ft
- ₹644
This is the 4th auction of this property. The reserve price is 3% lower than at the last auction (₹99,00,000 on 21 Jul 2026, 10:30 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property16 Oct 2026, 11:00 AM – 16 Oct 2026, 4:00 PM
- Pay EMD and submit bid by25 Oct 2026, 5:00 PM
- Auction26 Oct 2026, 10:30 AM – 11:30 AM · in 11 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 26 Oct 2026 | ₹96,00,000 | -3.0% | Upcoming |
| 21 Jul 2026 | ₹99,00,000 | — | Closed |
| 29 May 2026 | ₹99,00,000 | -8.3% | Closed |
| 24 Mar 2026 | ₹1,08,00,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹9,60,000
- Rest of 25% when you win (same or next day)
- ₹14,40,000
- Balance 75%, usually within 15 days
- ₹72,00,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹4.80 L – ₹7.68 L
You may bid above the reserve in steps of ₹1,00,000. 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
- Physical
- Auction type
- Bank sale (SARFAESI)
- Address
- 13.84 Ares of land with commercial building thereon in Re Sy no 8/23 8/23-2 10/21 of Mangad Village Kollam District 1.21 Ares of land with commercial building thereon in Re Sy no 10/15/2 of Mangad Village Kollam Taluk
- Borrower
- M/S NUT RACER
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Reserve cut 10% 2nd auction120 sq ftSymbolic possession
in 13 days
₹63.45 L
was ₹70.50 L
₹52,875/sq ft
