Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610588
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE-CUTTACK
Reserve Price:₹95,13,000
EMD:₹9,51,300
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
A residential house located in the heart of Angul Town, Angul, Odisha. This property is being auctioned by Punjab National Bank under the SARFAESI Act. It represents a great opportunity for homeowners or investors looking to acquire a property in a well-established area. The property is situated in a convenient location within Angul Town, offering access to local amenities and services.
State:Odisha
City:Angul
Area:Angul Town
Asset Category:Residential
Full Address:523/1010, Plot No.: 523/1010, Khata No.: 56/974, Mouza: Baniabahal, Tahasil: Angul, Baniabahal, Angul
Size:0.100 Dec.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Angul Town, Angul, Odisha. The auction will take place on November 26, 2025, starting at 11:00 AM and ending at 04:00 PM. The reserve price for this auction is ₹95,13,000.00, with an Earnest Money Deposit (EMD) of ₹9,51,300.00 required to participate. This is a prime opportunity to bid on a valuable asset.
Borrower Name:M/s. Jasoda Mother
Auction Type:SARFAESI Auction
Guarantor Names:Dr. Krushna Prasad Behera, Mr. Sushil Kumar Nath, Mr. Manoranjan Nath, Mr. Gatikrishna Nath, Smt. Jasobanti Nath
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property's residential nature and location in Angul Town offer potential, but the relatively high reserve price warrants careful consideration. The symbolic possession status adds a layer of complexity. A calculated approach is advised, considering market conditions and potential for appreciation.
Contact Details
Branch:Branch Office : CIRCLE OFFICE-CUTTACK
Service Provider:BAANKNET
Contact Details:
Contact no:9685699346
