Representative illustration — House bank auction in Prem Nagar, Alakapur Nagar
Representative illustration — not the actual property photograph.
House Residential Symbolic possession Fair Option

House for Auction Prem Nagar Alakapur Nagar Ganjam 2.1 Crore by Union Bank of India 29 Jun 2026

Prem Nagar, Alakapur Nagar, Ganjam

Area: 0.072 Acre

Southern row of Prem Nagar, 1 lane, Vill/Mouza: Alakapur Nagar, under Berhampur Tahasil, Ganjam, Odisha

Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK

Reserve price

₹2,13,00,000

EMD ₹21,30,000

Auction date

29 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 0.072 Acre
  • Locality: Prem Nagar, Alakapur Nagar
  • Reserve: ₹2,13,00,000
  • EMD: ₹21,30,000

Auction snapshot

PossessionSymbolic
Property typeHouse · Residential
LocalityPrem Nagar, Alakapur Nagar
Built-up / plot area0.072 Acre
LenderUnion Bank of India
BranchASSET RECOVERY BRANCH, CUTTACK
Unit / flat no.Plot No: 43/1050
Building / societyPrem Nagar
Auction typeSARFAESI Auction
Bid increment₹2,13,000
Service providerBAANKNET

About this property

House bank auction in Prem Nagar, Alakapur Nagar, Ganjam by Union Bank of India — reserve price ₹2,13,00,000, 0.072 Acre, Symbolic possession.

Discover a prime residential bank auction property in Berhampur, Odisha. This House Property, located in the southern row of Prem Nagar, 1 lane, Alakapur Nagar, offers an excellent investment opportunity. Spanning 0.072 Acre (Plot No: 43/1050), this property is ideal for those seeking a house for sale in a well-connected area. The Union Bank of India is auctioning this asset with a reserve price of ₹21,300,000.0. The e-auction is scheduled for June 29, 2026, from 12:00 PM to 05:00 PM. Interested bidders can inspect the property on June 26, 2026. With a symbolic possession status and no known encumbrances, this bank auction house in Ganjam, Odisha, presents a strong potential for buyers.

GeoSquare note: This residential house in Berhampur, Odisha, is a fair option due to its decent location in Prem Nagar and clear encumbrance status. The reserve price of ₹2.13 Crore is substantial, and the symbolic possession status might require further legal steps. The property's investment appeal is moderate, suitable for buyers looking for a long-term residential asset in the region.

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