Industrial Land Building for Auction Polasara Ganjam 1.4 Crore by Union Bank of India 12 Jun 2026
Polasara, Ganjam
Area: 1.380 Dec.
Patharapalli, Po: Athagadapatana, via: Polasara Dist- Ganjam
Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK
Reserve price
₹1,41,20,000
EMD ₹14,12,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1.380 Dec.
- ▸Locality: Polasara
- ▸Reserve: ₹1,41,20,000
- ▸EMD: ₹14,12,000
Auction snapshot
| Possession | Symbolic |
| Property type | Industrial Land & Building · Industrials |
| Locality | Polasara |
| Built-up / plot area | 1.380 Dec. |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, CUTTACK |
| Unit / flat no. | Plot No-240, 241,249,257,259,263, 266,267, 268,270,271,272,273 & 274 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Industrial Land & Building bank auction in Polasara, Ganjam by Union Bank of India — reserve price ₹1,41,20,000, 1.380 Dec., Symbolic possession.
Bank auction property! Industrial land and building for sale in Polasara, Ganjam, Odisha. The property is located at Patharapalli and comprises Plot No-240, 241,249,257,259,263, 266,267, 268,270,271,272,273 & 274 with a total area of Ac.1.380 Dec. The reserve price is ₹14,120,000.0 with an EMD of ₹1,412,000.0. E-auction date is 2026-06-12. This industrial property offers significant potential for businesses looking to expand or invest in the Ganjam region.
GeoSquare note: The property is an industrial land and building located in Polasara, Ganjam, with a reserve price of ₹14,120,000.0. While the location offers potential, the symbolic possession and the specific details of the auction terms warrant careful consideration. The property represents a reasonable investment option, especially for those familiar with the local market conditions.
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