Representative illustration — Flat bank auction in Nayapalli, Jagannath Vihar, Baramunda
Representative illustration — not the actual property photograph.
Flat Residential Physical possession Strong Buy

Flat for Auction Nayapalli Jagannath Vihar Baramunda Khurda 90 Lakh by Idbi Bank 24 Jun 2026

Nayapalli, Jagannath Vihar, Baramunda, Khurda

Area: 1200 Sq.Ft.

Flat No. 201, Amrita Shopping Arcade, 6, Road-1, Lane-9, Jagannath Vihar, Baramunda, Nayapalli, Bhubaneswar, Khurda, Odisha - 751003

IDBI Bank · Regional Office : Bhubaneswar

Reserve price

₹90,00,000

EMD ₹9,00,000

Auction date

24 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 1200 Sq.Ft.
  • Locality: Nayapalli, Jagannath Vihar, Baramunda
  • Reserve: ₹90,00,000
  • EMD: ₹9,00,000

Auction snapshot

PossessionPhysical
Property typeFlat · Residential
LocalityNayapalli, Jagannath Vihar, Baramunda
Built-up / plot area1200 Sq.Ft.
LenderIDBI Bank
BranchRegional Office : Bhubaneswar
Unit / flat no.Flat No.: 201
Building / societyAMRITA SHOPPING ARCADE
Auction typeSARFAESI Auction
Bid increment₹50,000
Service providerBAANKNET

About this property

Flat bank auction in Nayapalli, Jagannath Vihar, Baramunda, Khurda by IDBI Bank — reserve price ₹90,00,000, 1200 Sq.Ft., Physical possession.

Discover a prime residential flat for sale through an IDBI Bank auction. This 1200 Sq.Ft. Flat No. 201 is located in the well-known Amrita Shopping Arcade in Nayapalli, Jagannath Vihar, Baramunda, Bhubaneswar, Khurda, Odisha. The property boasts physical possession, making it an attractive bank auction property for immediate occupancy or investment. The auction features a reserve price of ₹9,000,000 and an EMD of ₹900,000. Bidding increments are set at ₹50,000. The e-auction is scheduled for June 24, 2026, from 11:00 AM to 12:00 PM, with inspection available on June 20, 2026. This is an excellent opportunity to acquire a residential flat in Bhubaneswar.

GeoSquare note: This 1200 Sq.Ft. residential flat in Amrita Shopping Arcade, Nayapalli, Bhubaneswar, offers a strong investment opportunity, especially with physical possession. The clear auction details, reasonable reserve price of ₹90 lakhs, and the property's prime location in Bhubaneswar make it highly attractive. Investors seeking a ready-to-move-in property in a growing city should consider this bank auction property.

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