Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610365
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE: SAMBALPUR
Reserve Price:₹25,00,000
EMD:₹2,50,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a SARFAESI auction for a residential land and building property located in Barbil, Keonjhar, Odisha. Owned by M/s. Bijay Laxmi Enterprises, this asset presents an opportunity for investment in a developing area.
State:Odisha
City:Keonjhar
Area:Barbil
Asset Category:Residential
Full Address:157/1177, Plot No.: 157/1177, Khata No.: 128/303, Mouza: Bhusugaon Unit No.: 15, Thana/Tahasil: Barbil, Dist.: Keonjhar, Bhusugaon, Barbil
Size:0.05 Dec.
Auction Description
Indian Bank is conducting an online SARFAESI auction for a land and building property. The auction will take place on November 19, 2025, from 11:00 AM to 5:00 PM. The reserve price is ₹25,00,000.00 and the EMD (Earnest Money Deposit) required is ₹2,50,000.00. This is a prime opportunity to acquire a property through a transparent auction process.
Borrower Name:M/s. Bijay Laxmi Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Ashok Kumar Senapati
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a land and building in Barbil, Odisha, presents a calculated opportunity given its location and reserve price. The auction terms are standard, but potential investors should conduct thorough due diligence on local market conditions. The property's investment appeal is moderate due to the specific location and type.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SAMBALPUR
Service Provider:BAANKNET
Contact Details:
Contact no: —
