Land And Building for auction Basuli Sahi Puri 91 lakh Punjab National Bank

Property for Auction in Puri Town, Puri, Odisha

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
2874.70 Sq.Ft.
Reserve Price
90,57,000
Reserve Price
90,57,000
EMD Required
9,05,700
Property Specifications
Size2874.70 Sq.Ft.
Unit No.151
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Puri Town, Puri
Auction Date IconAuction Date:
05-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:609162

Bank Name:Punjab National Bank

Branch Name:ARMB

Reserve Price:90,57,000

EMD:9,05,700

Bid Increment:50,000

Auction Time:11:00 AM to 4.00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-12-04

Bid Start Date:2025-12-05

Property Description

This is a unique opportunity to acquire a valuable Land and Building property situated in the heart of Puri Town, Puri, Odisha. As a residential asset, it holds significant potential for various uses. The property is being auctioned by Punjab National Bank under the SARFAESI Act. Its location in the prominent Puri Town area offers excellent connectivity and accessibility. Don't miss this chance to invest in a property in a sought-after locale.

State:Odisha

City:Puri

Area:Puri Town

Asset Category:Residential

Full Address:151, Plot No.: 151, Khata No.: 687, Basuli Sahi, Puri

Size:2874.70 Sq.Ft.

Auction Description

Punjab National Bank presents a SARFAESI auction for a Land and Building property in Puri Town, Puri, Odisha. The auction will take place on December 5, 2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential asset is INR 90,57,000, with an Earnest Money Deposit (EMD) of INR 9,05,700 required to participate. This is a prime opportunity to acquire property through a transparent auction process. Bidders are encouraged to review all auction terms and conditions prior to participating.

Borrower Name:M/s. Sahoo Electricals & General Store

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Santosh Kumar Sahoo

Legal Details

Possession Status:Symbolic

Encumbrance Details:NOT KNOWN

Why This Property

This property presents a reasonable opportunity due to its location in Puri and its land & building type. The reserve price seems appropriate for the area, but potential buyers should thoroughly investigate the property's condition and legal standing. The symbolic possession status adds a layer of complexity that needs careful consideration before bidding.

Contact Details

Branch:Branch Office : ARMB

Service Provider:BAANKNET

Contact Details:

Contact no: —

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