Property for Auction in Ganjam, Ganjam, Odisha
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
Submission Date:2025-12-09
Bid Start Date:2025-12-10
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.
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:8144849810/8903010106&7076959027