Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609779
Bank Name:Bank of India
Branch Name:Zonal Office: Sambalpur Zon
Reserve Price:₹45,50,000
EMD:₹4,55,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-14
Bid Start Date:2025-11-14
Property Description
This is a residential flat located in Rourkela, Sundargarh, Odisha. The property is being auctioned by the Bank of India as part of a SARFAESI action. Mrs. Sana Arju is the borrower. This is an opportunity to acquire a residential asset in a well-known area.
State:Odisha
City:Sundargarh
Area:Rourkela
Asset Category:Residential
Full Address:1-B, AL-SATTAR PALACE, Flat No.1-B, 1st Floor, Al-Sattar Palace, Behind Old Razak Talkies, Main Road, Rourkela, Dist: Sundargarh-769001, Rourkela, Rourkela
Building/Society:AL-SATTAR PALACE
Size:862 Sqft
Auction Description
The Bank of India is conducting an online SARFAESI auction for a residential flat in Rourkela, Sundargarh, Odisha. The auction will take place on November 14, 2025, from 11:00 AM to 5:00 PM. The reserve price for this auction is ₹45,50,000, with an Earnest Money Deposit (EMD) of ₹4,55,000 required. This is a prime opportunity for interested buyers to participate in the bidding process for this residential property.
Borrower Name:Mrs Sana Arju
Auction Type:SARFAESI Auction
Guarantor Names:Md Irfan Ekhlaque
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential flat in a developing city, offered at a reasonable reserve price. The auction terms are standard. This is a calculated opportunity, suitable for investors seeking value in tier-2 city properties.
Contact Details
Branch:Branch Office : Zonal Office: Sambalpur Zon
Service Provider:BAANKNET
Contact Details:
Mrs Lilima Panda & Mr Sujit Kumar Badhai
Contact no:8144002101
