Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612624
Bank Name:Indian Bank
Branch Name:Zonal Office
Reserve Price:₹61,63,000
EMD:₹6,16,300
Bid Increment:₹10,000
Auction Time:11:00 AM to 05:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
Indian Bank is auctioning a Land and Building property in Kanisi, Ganjam, Odisha. This residential asset, previously under M/s. Talent School, presents a unique opportunity for investment or development. Situated in the prominent area of Kanisi, the property offers potential for various uses. Do not miss this chance to acquire a valuable asset in Ganjam.
State:Odisha
City:Ganjam
Area:Kanisi
Asset Category:Residential
Full Address:5417/20275, Khata No.: 1530/10911, Plot No.: 5417/20275, Mouza: Bhabinipur, Tahasil: Kanisi, Dist.: Ganjam, Kanisi, Ganjam
Size:0.044 dec.
Auction Description
This is a SARFAESI Auction conducted by Indian Bank for a Land and Building property in Kanisi, Ganjam, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this property is ₹61,63,000, with an Earnest Money Deposit (EMD) of ₹6,16,300 required to participate. This is a secured asset auction, offering a transparent bidding process.
Borrower Name:M/s. Talent School
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Surendra Nath Patra, Mr. Rabindra Patra, Mrs. Rajalaxmi Patra
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Kanisi, Ganjam, offered at a reasonable reserve price. While the area is relatively small, the location may offer future appreciation potential. The auction terms are standard, making it a calculated opportunity for investors.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:8144849810/8903010106&7076959027
