Land And Building for auction Ainthapali Sambalpur 2 Cr Indian Bank

Indian Bank presents an exclusive SARFAESI auction for a prime Land and Building asset in Ainthapali, Sambalpur, Odisha. This residential property, formerly associated with M/s. Jagadamba Automobile, offers a significant investment opportunity in a growing urban area. The property is ideal for buyers looking to acquire a substantial real estate asset with clear title. Its location in Sambalpur provides excellent connectivity and access to local amenities.

This is an online SARFAESI auction conducted by Indian Bank for a Land and Building property in Ainthapali, Sambalpur, Odisha. The auction is scheduled for November 19, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this valuable asset is ₹1,56,00,000, with an Earnest Money Deposit (EMD) of ₹15,60,000 required to participate. Don't miss this chance to bid on a substantial property in a sought-after location.

The property offers a decent investment opportunity due to its location in Ainthapali, Sambalpur, and the potential for development. However, the reserve price and auction terms necessitate a careful evaluation of market conditions and potential returns before bidding. The property's location on Khata No. 559/3883 needs thorough verification.