Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614011
Bank Name:Repco Home Finance Limited
Branch Name:BHUBANESWAR BRANCH
Reserve Price:₹16,92,000
EMD:₹1,69,200
Bid Increment:₹10,000
Auction Time:11.00 a.m. - 12.00 Noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a SARFAESI auction for a residential Land and Building property located in Badamba, Cuttack, Odisha. The property is being auctioned by Repco Home Finance Limited. This is a prime opportunity to acquire a valuable asset in a developing area. The property is suitable for residential purposes.
State:Odisha
City:Cuttack
Area:Badamba
Asset Category:Residential
Full Address:1215/1609, District Cuttack, Tahasil-Badamba, Mouza-Pankhala, Record of Right No. 229/91, Plot No. 1215/1609, Badamba, Cuttack
Size:0.025 Decimals
Auction Description
Repco Home Finance Limited is conducting a SARFAESI auction for a Land and Building property in Badamba, Cuttack, Odisha. The auction will take place on December 12, 2025, from 11:00 AM to 12:00 PM. The reserve price for this auction is INR 16,92,000, with an Earnest Money Deposit (EMD) of INR 1,69,200. This auction presents a direct opportunity from the bank to acquire the asset.
Borrower Name:Mr. Shyam Sundar Behera
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Pournamasi Khatua
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a reasonable investment prospect given its location in Badamba, Cuttack, and the relatively lower reserve price. The land and building type suggests potential for development. However, bidders should carefully evaluate the property's condition and location before participating in the auction.
Contact Details
Branch:Branch Office : BHUBANESWAR BRANCH
Service Provider:bankeauctions.com / C1 India
Contact Details:
Mr. Prabhakaran
Contact no:7418281709
