Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609029
Bank Name:Union Bank of India
Branch Name:Regional Office
Reserve Price:₹21,93,000
EMD:₹2,19,300
Bid Increment:₹21,930
Auction Time:12:00 Noon to 05:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:05-12-2025 12:00 PM
Bid Start Date:2025-12-05
Property Description
Union Bank of India is auctioning a residential land and building in Gharabari, Bhubaneswar, Odisha. This SARFAESI auction presents an opportunity to acquire a property previously owned by M/s Bantty Fly Ash Bricks. The property is situated in a developing area of Bhubaneswar and is suitable for residential purposes. Invest in this promising location with significant potential.
State:Odisha
City:Bhubaneswar
Area:Gharabari
Asset Category:Residential
Full Address:97, Khata No.: 53, Plot No.: 97, Area: Ac.1.29 dec., Kissam: Gharabari, Mouza: Golagaon, SRO: Sukinda, PS: Kalinganagar (PS No. 174), Golagaon, Bhubaneswar
Size:1.29 dec.
Auction Description
This is an online SARFAESI auction conducted by Union Bank of India for a residential land and building located in Gharabari, Bhubaneswar. The auction begins on December 5, 2025, at 12:00 PM and concludes at 5:00 PM on the same day. The reserve price is set at ₹21,93,000, with an earnest money deposit (EMD) of ₹2,19,300 required to participate. Don't miss this chance to bid on a property in Odisha's capital.
Borrower Name:M/s Bantty Fly Ash Bricks
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Hemanta Kumar Muduli, Mr. Prashant Kumar Muduli
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Bhubaneswar, with a reasonable reserve price. While the location is good, further due diligence is needed. The symbolic possession suggests potential challenges, requiring careful consideration.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
