Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613924
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹14,81,000
EMD:₹1,48,100
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
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a SARFAESI auction for a Land and Building property located in Jagatpur, Cuttack, Odisha. The property is registered under the name of Mr. Jayaram Sahoo and is categorized as Residential. Situated in a key area of Cuttack, this asset presents a valuable opportunity for potential buyers seeking property in the region.
State:Odisha
City:Cuttack
Area:Jagatpur
Asset Category:Residential
Full Address:858, Khata No.: 316, Plot No.: 858, Mouza: Choudwar, PO.: Kapaleswar, SRO: Jagatpur, Dist.: Cuttack, Jagatpur, Cuttack
Size:0.03 Ac
Auction Description
UCO Bank is conducting an online SARFAESI auction for a Residential Land and Building in Jagatpur, Cuttack, Odisha. The auction starts on November 28, 2025, at 11:00 AM and concludes at 05:00 PM on the same day. The reserve price for this auction is INR 14,81,000.00, with an Earnest Money Deposit (EMD) of INR 1,48,100.00 required to participate. This is a direct sale opportunity from the bank.
Borrower Name:Mr. Jayaram Sahoo
Auction Type:SARFAESI Auction
Guarantor Names:Babaji Sahoo (Deceased), Dhiren Sahoo (Deceased)
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Jagatpur, Cuttack, presents a calculated opportunity due to its residential land and building status. The reserve price is reasonable, but potential investors should conduct thorough due diligence on the location and property condition. Given the location, this auction represents a moderate risk-reward scenario.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no: —
