Representative illustration — House bank auction in Ambakata, Barkote
Representative illustration — not the actual property photograph.
House Residential Physical possession Fair Option

House for Auction Ambakata Barkote Firozpur 41 Lakh by Punjab National Bank 08 Jun 2026

Ambakata, Barkote, Firozpur

Area: 18.17 Acres

Khata no. 3 comprising of 37 plots bearing no. i.e. 508, 509, 510, 515, 517, 519, 522, 523, 524, 646, 647, 650, 935, 937, 946, 949, 957, 961, 963, 973, 975, 976, 1015, 1016, 1023, 1026, 1030, 1031, 1036, 1037, 1039, 1040, 1078, 1079, 1080, 1086, 1087

Punjab National Bank · Circle SASTRA MOGA

Reserve price

₹41,00,000

EMD ₹4,10,000

Auction date

08 Jun 2026, 11:00 AM

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Quick read

  • Possession: Physical
  • Area: 18.17 Acres
  • Locality: Ambakata, Barkote
  • Reserve: ₹41,00,000
  • EMD: ₹4,10,000

Auction snapshot

PossessionPhysical
Property typeHouse · Residential
LocalityAmbakata, Barkote
Built-up / plot area18.17 Acres
LenderPunjab National Bank
BranchCircle SASTRA MOGA
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerBAANKNET

About this property

House bank auction in Ambakata, Barkote, Firozpur by Punjab National Bank — reserve price ₹41,00,000, 18.17 Acres, Physical possession.

Bank auction property for sale! Prime industrial land and building located in Ambakata, Deogarh, Odisha. This factory land and building, owned by M/s Ispat Alloys India (P) Ltd., is available through e-auction. Spanning 18.17 acres, the property comprises 37 plots and offers significant potential. The auction is on 2026-06-08, with a reserve price of ₹2.33 Cr and an EMD of ₹2.3 Cr. Take advantage of this opportunity to acquire a valuable industrial asset in a strategic location. Contact Mohammad Adil at Punjab National Bank for details.

GeoSquare note: The property is a sizable industrial land with building in Deogarh, Odisha, available at a reserve price of ₹2.33 Cr. Auctioned under physical possession, it might attract investors seeking industrial assets. However, the 'as is where is' basis requires careful due diligence regarding the property's condition and legal standing, warranting a more cautious 'Fair Option' recommendation.

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