Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609284
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹14,76,000
EMD:₹1,47,600
Bid Increment:₹50,000
Auction Time:11:00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
This auction features a Land and Building property located in Chilika, Khurda, Odisha. The property is part of a SARFAESI auction conducted by the Bank of India. It is categorized as a residential asset and is being auctioned due to the borrower, Mr. Debaraj Pradhan's, default. The property offers a valuable opportunity in the Chilika region.
State:Odisha
City:Khurda
Area:Chilika
Asset Category:Residential
Full Address:544, Khata No.: 1037/376, Plot No.: 544, Mouza: Bhagabatipur, Village: Badadiha, POS Chandeswar, PS: Tangi, Dist.: Khurda, Odisha, Bhagabatipur, Chilika
Size:1306.8 sqft.
Auction Description
Bank of India is holding a SARFAESI auction for a Land and Building property in Chilika, Khurda, Odisha. The auction will take place on December 9, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this residential asset is ₹14,76,000, with an Earnest Money Deposit (EMD) of ₹1,47,600. Interested bidders should ensure they meet all EMD and procedural requirements before participating in this foreclosure auction.
Borrower Name:Mr. Debaraj Pradhan
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building located in Chilika, Odisha, with a reasonable reserve price. While not a prime location, the price and size make it a potentially viable investment. Further due diligence regarding local market conditions is recommended before bidding.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:9438456140
