Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:601206
Bank Name:Indian Overseas Bank
Branch Name:Regional Office : Bhubaneswar
Reserve Price:₹16,41,000
EMD:₹1,64,100
Bid Increment:₹30,000
Auction Time:11:00 AM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-09
Bid Start Date:2025-11-10
Property Description
This SARFAESI auction features a residential land and building located in Kanas, Puri, Odisha. The property is part of an auction by Indian Overseas Bank, with a reserve price of 16,41,000.0 and an Earnest Money Deposit (EMD) of 1,64,100.0. This is an excellent opportunity to acquire property in the well-known city of Puri.
State:Odisha
City:Puri
Area:Kanas
Asset Category:Residential
Full Address:Plot No.: 373, Area: Ac.0.070 dec, Khata No.: 413/102 & Plot No.: 374, Area: Ac.0.070 dec, Khata No.: 413/101, Kisam: Gharabari, Mouza: Katapada, S.R.: Kanas, Dist.: Puri Plot No.: 509, Area: Ac.0.010 dec., Kissam: Gharabari & Plot No.: 510, Area: Ac.0.060 dec., Kissam: Patita, Khata No.: 413/102, Mouza: Katapada, S.R.: Kanas, Dist.: Puri, Katapada, Puri
Size:0.21 dec
Auction Description
Indian Overseas Bank is conducting a SARFAESI auction for a residential land and building in Kanas, Puri, Odisha. The auction will commence on November 10, 2025, at 11:00 AM and conclude at 02:00 PM on the same day. The reserve price is set at 16,41,000.0, with an EMD of 1,64,100.0. Don't miss this chance to bid on this valuable asset.
Borrower Name:Mr. Santosh Kumar Sahoo
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Prasant Kumar Sahoo
Legal Details
Possession Status:Symbolic
Encumbrance Details:Nil
Why This Property
The property is a residential land and building in a developing area. The reserve price seems reasonable, but potential buyers should conduct thorough due diligence regarding local market conditions and potential for appreciation before investing.
Contact Details
Branch:Branch Office : Regional Office : Bhubaneswar
Service Provider:BAANKNET
Contact Details:
Contact no:0674-2540032
