Land And Building for auction Karapada Ganjam 22 lakh Indian Bank

Property for Auction in Ganjam, Ganjam, Odisha

Recommendation
Calculated OpportunityScore: 6.8
Size
0.057 dec.
Reserve Price
21,87,000
Reserve Price
21,87,000
EMD Required
2,18,700
Property Specifications
Size0.057 dec.
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Ganjam, Ganjam
Auction Date IconAuction Date:
10-12-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612608

Bank Name:Indian Bank

Branch Name:Zonal Office

Reserve Price:21,87,000

EMD:2,18,700

Bid Increment:10,000

Auction Time:11:00 AM to 05:00 PM

Service Provider:BAANKNET

Important Dates

Submission Date:2025-12-09

Bid Start Date:2025-12-10

Property Description

This offering presents a valuable opportunity to acquire land and a building in Ganjam, Ganjam, Odisha. Situated in a well-established area, this residential asset is being auctioned by Indian Bank under SARFAESI Act. The property offers potential for residential use or development. Its location in Ganjam provides access to local amenities and infrastructure. This is a direct auction from the bank, presenting a straightforward transaction process.

State:Odisha

City:Ganjam

Area:Ganjam

Asset Category:Residential

Full Address:Khata No.: 354/144, Plot No.: 255/1355, Mouza: Karapada, Via: Chatrapur, Tahasil/Dist.: Ganjam, Karapada, Ganjam

Size:0.057 dec.

Auction Description

Indian Bank is conducting a SARFAESI auction for a Land and Building property in Ganjam, Ganjam, Odisha. The auction will take place on December 10, 2025, commencing at 11:00 AM and concluding at 05:00 PM. The reserve price for this residential property is INR 21,87,000, with an Earnest Money Deposit (EMD) of INR 2,18,700 required to participate. The borrower is M/s. Maa Byaghradevi Building Material Supply.

Borrower Name:M/s. Maa Byaghradevi Building Material Supply

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Bijaya Kumar Nayak, Mrs. Kanchan Nayak

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The property is a land and building in Ganjam, offered at a reasonable reserve price. While the location may require further research, the auction terms are standard, and the property could represent a viable investment opportunity for those familiar with the local market. Careful due diligence is advised before bidding.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Contact no:8144849810/8903010106&7076959027

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