Land And Building for auction Ampore Jajpur 7 lakh Bank of India

This SARFAESI auction features a residential land and building property in Sukinda, Jajpur, Odisha. Previously owned by Mr. Srikant Sethy, this asset presents a unique opportunity for investment or personal use. The property is offered by the Bank of India, with a reserve price of ₹6,81,210.00 and an Earnest Money Deposit (EMD) of ₹68,121.00. Located in the Jajpur district, a region known for its industrial and natural resources, this land and building offers potential for development or as a standalone asset. Its classification as residential allows for various possibilities, making it an attractive proposition for astute buyers.

The Bank of India is conducting a SARFAESI auction for a valuable land and building property in Sukinda, Jajpur, Odisha. The auction will commence on November 25, 2025, at 10:00 AM and conclude at 05:00 PM on the same day. The reserve price for this residential asset is set at ₹6,81,210.00, with an EMD of ₹68,121.00 required to participate. This is a prime opportunity to acquire property directly from the bank, following SARFAESI guidelines. Interested bidders are advised to review all auction terms and conditions, conduct thorough due diligence on the property, and prepare their bids accordingly to secure this asset in Jajpur.

The property presents a reasonable opportunity given its location in Jajpur, Odisha and land with building. The reserve price is moderate, but further due diligence regarding local market conditions is advisable. The symbolic possession status introduces a degree of uncertainty, requiring thorough investigation.