Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611723
Bank Name:Bank of India
Branch Name:Zonal Office : Sambalpur
Reserve Price:₹27,07,250
EMD:₹2,70,725
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This auction features a residential land and building located in Jeypore LR, Koraput, Odisha. The property is being sold by the Bank of India as part of a SARFAESI auction. This is an excellent opportunity to acquire a property in a developing area. The asset is registered under the name of Mr. Samir Kumar Patnaik.
State:Odisha
City:Koraput
Area:Jeypore LR
Asset Category:Residential
Full Address:101/1420 & 102/1440, Khata No.: 69/1140, Plot No.: 101/1420 & 102/1440, Mouza: Dubli, Tahasil: Jeypore, Dist.: Koraput, Jeypore LR, Koraput
Size:0.011 Ac
Auction Description
The Bank of India is conducting an online SARFAESI auction for a land and building property in Jeypore LR, Koraput, Odisha. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is ₹27,07,250, with an Earnest Money Deposit (EMD) of ₹2,70,725. Interested bidders are advised to review all auction terms and conditions on the bank's official portal.
Borrower Name:Mr. Samir Kumar Patnaik
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Kajal Mallick
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property in Jeypore, Koraput presents a calculated opportunity. While the reserve price seems reasonable, the small land area needs careful assessment. Location and auction terms merit consideration for informed bidding.
Contact Details
Branch:Branch Office : Zonal Office : Sambalpur
Service Provider:BAANKNET
Contact Details:
Mrs. Lilima Panda, Mr. Sujit Kumar Badhai
Contact no:8144002101/7004717984
