Commercial Property for Auction Loisingha Bolangir 1.2 Crore by Union Bank of India 12 Jun 2026
Loisingha, Bolangir
Area: 3.540 dec.
Mouza: Kusmel, Tahasil: Loisinga, PS.: Bolangir, Dist: Bolangir, State: Odisha, Khata No.351/504, Plot No. 18, Plot No.14, Plot No.12, Plot No.11, Plot No.7, Plot No.7/3290
Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK
Reserve price
₹1,21,76,000
EMD ₹12,17,600
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 3.540 dec.
- ▸Locality: Loisingha
- ▸Reserve: ₹1,21,76,000
- ▸EMD: ₹12,17,600
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Property · Commercial |
| Locality | Loisingha |
| Built-up / plot area | 3.540 dec. |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, CUTTACK |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,21,760 |
| Service provider | BAANKNET |
About this property
Commercial Property bank auction in Loisingha, Bolangir by Union Bank of India — reserve price ₹1,21,76,000, 3.540 dec., Symbolic possession.
Bank auction property! Seize this opportunity to acquire a commercial property featuring a factory building and land in Loisingha, Bolangir, Odisha. The property spans across multiple plots (Total area: 3.540 dec.) in Mouza Kusmel. Union Bank of India offers this asset at a reserve price of ₹12,176,000 with an EMD of ₹1,217,600. E-auction is scheduled for June 12, 2026. Perfect for investors seeking industrial or commercial expansion in a developing region. Don't miss this commercial shop for sale – inspect on June 11, 2026!
GeoSquare note: This commercial property, featuring a factory building and land in Loisingha, presents a fair investment option due to its location and the ongoing auction. The reserve price of ₹12,176,000 may attract investors looking for industrial assets. However, the symbolic possession might require further due diligence, influencing the final investment decision.
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