Property for Auction in Angul Town, Angul, Odisha
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610591
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE-CUTTACK
Reserve Price:₹1,78,04,000
EMD:₹17,80,400
Bid Increment:₹1,00,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Submission Date:2025-11-26
Bid Start Date:2025-11-26
This is a unique opportunity to acquire a prime Land and Building property located in the heart of Angul Town, Angul, Odisha. The asset, previously under the ownership of M/s. Jasoda Mother, falls under the Residential category and is being auctioned by Punjab National Bank under SARFAESI regulations. This property offers significant potential for development or investment in a growing urban area.
State:Odisha
City:Angul
Area:Angul Town
Asset Category:Residential
Full Address:Plot No.: 1468/2478, Khata No.: 413/841 & Plot No.: 1469/2479, Khata No.: 413/841, Hulurisingha, Angul
Size:0.095 Dec.
Punjab National Bank is conducting a SARFAESI auction for a Land and Building property in Angul Town, Angul, Odisha. The auction features a competitive reserve price of ₹1,78,04,000.00 and requires an Earnest Money Deposit (EMD) of ₹17,80,400.00. The auction will be held on November 26, 2025, commencing at 11:00 AM and concluding at 04:00 PM. This is a prime chance for interested parties to bid on a valuable asset in Angul.
Borrower Name:M/s. Jasoda Mother
Auction Type:SARFAESI Auction
Guarantor Names:Dr. Krushna Prasad Behera, Mr. Sushil Kumar Nath, Mr. Manoranjan Nath, Mr. Gatikrishna Nath, Smt. Jasobanti Nath
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property is a land and building located in Angul, Odisha, with a reasonable reserve price. While the location may not be prime, the property offers a decent opportunity for investment. Interested parties should carefully review all auction terms and conduct thorough due diligence.
Branch:Branch Office : CIRCLE OFFICE-CUTTACK
Service Provider:BAANKNET
Contact Details:
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