Indian Bank Factory land and Building Auction in Purusottampur, Ganjam

The property is a factory land and building located in Purusottampur, Ganjam, Odisha. It includes multiple plots detailed as follows: (a) Plot No.: 2098/6812 (Area: Ac. 0.026 Dec.) and Plot No: 2099/6811 (Area: Ac 0.022 Dec.), bounded by Gharabari of Nityananda Sahu to the East, Gharabari of Nanda Kishore Panda to the West/South, and Road to the North. (b) Plot No.: 2098/6812/7692 (Area: Ac. 0.094 Dec.) and Plot No.: 2099/6811/7693 (Area: Ac. 0.010 Dec.), bounded by Road to the East/South, Gharabari of Gangadhar Sahu to the West, and R.D Road to the North. (c) Plot No.: 2097 (Area: Ac. 0.245 Dec.), bounded by Land of Radhakrushna Sabat to the East, Road to the West/South, and Land of Padmacharan Sahu to the North. The total area is Ac. 0.377 Dec. The property was formerly owned by Mr. Nanda Kishore Panda and is associated with M/s. Kalua Rice Mill as the borrower.

This is a SARFAESI auction conducted by Indian Bank for a factory land and building located in Purusottampur, Ganjam, Odisha. The property is situated at Khata No.: 1261/2504, comprising several plots with a total area of Ac. 0.377 Dec. The auction has a reserve price of INR 15,650,000.00 and an EMD of INR 1,565,000.00. The auction will take place on February 27, 2025, from 11:00 AM to 5:00 PM.