Property for Auction in Chilika, Khurda, Odisha
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613950
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹11,91,000
EMD:₹1,19,100
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M. (With Unlimited Extension of 10 minutes each)
Service Provider:BAANKNET
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-28
This SARFAESI auction by UCO Bank features a prime residential property comprising land and a building in Chilika, Khurda, Odisha. The property, previously owned by Mr. Raghunath Pattnaik, offers a significant opportunity for real estate investment in a developing area. Its location in Chilika provides accessibility and potential for future growth. Ideal for individuals or investors looking to acquire a landed property with existing structures. Don't miss this chance to own a piece of Khurda's real estate.
State:Odisha
City:Khurda
Area:Chilika
Asset Category:Residential
Full Address:154, Mouza: Singhapur Sasan, P.S: Banpur -370, Tahasil: Chilika-370, Dist.: Khurda, Odisha, Chilika, Khurda
Size:0.052 Ac
UCO Bank is conducting an online SARFAESI auction for a valuable land and building property in Chilika, Khurda, Odisha. The auction commences on November 28, 2025, at 11:00 AM and concludes at 05:00 PM on the same day. The reserve price is set at ₹11,91,000, with an Earnest Money Deposit (EMD) of ₹1,19,100 required to participate. This is a unique opportunity to bid on a residential asset with a clear title. Interested parties are encouraged to review all auction terms and conditions before participating.
Borrower Name:Mr. Raghunath Pattnaik
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Rabindra Kumar Pattnaik
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a residential land and building in a developing area. The reserve price seems reasonable for the location. It's a calculated opportunity requiring further due diligence on local market rates and potential development costs.
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —