Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610583
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE-CUTTACK
Reserve Price:₹4,48,29,000
EMD:₹44,82,900
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This auction features a valuable Land and Building property located in Angul Town, Angul, Odisha. The asset, formerly associated with borrower M/s. Jasoda Mother, is categorized as Residential. This is an excellent opportunity to acquire property in a key area of Angul.
State:Odisha
City:Angul
Area:Angul Town
Asset Category:Residential
Full Address:225, Plot No.: 225, Khata No.: 79/271, Mouza: Baniabahal, Tahasil: Anugul, Dist. Angul, Baniabahal, Angul
Size:0.120 Ac.Dec.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Angul Town, Angul, Odisha. The reserve price is ₹4,48,29,000.00 with an Earnest Money Deposit (EMD) of ₹44,82,900.00. The auction will take place on 26-11-2025, starting at 11:00 AM and concluding at 04:00 PM. Don't miss this chance to bid on this prime asset.
Borrower Name:M/s. Jasoda Mother
Auction Type:SARFAESI Auction
Guarantor Names:Dr. Krushna Prasad Behera, Mr. Sushil Kumar Nath, Mr. Manoranjan Nath, Mr. Gatikrishna Nath, Smt. Jasobanti Nath
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This property offers a calculated opportunity due to its commercial nature and potential for hospital use. The location in Angul, Odisha, adds to its appeal, but potential investors should conduct thorough due diligence. The reserve price and EMD should be carefully considered in light of market conditions.
Contact Details
Branch:Branch Office : CIRCLE OFFICE-CUTTACK
Service Provider:BAANKNET
Contact Details:
Contact no: —
