Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610367
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE: SAMBALPUR
Reserve Price:₹25,50,000
EMD:₹2,55,000
Bid Increment:₹10,000
Auction Time:11.00 AM to 5.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-19
Bid Start Date:2025-11-19
Property Description
This is a bank auction of a land and building property located in Khariar Road, Nuapada, Odisha. The property is categorized as residential and is being auctioned by Indian Bank under SARFAESI Act. The borrower is Sri Ganesh Sharma. The auction presents an opportunity to acquire a property in a developing area.
State:Odisha
City:Nuapada
Area:Khariar Road
Asset Category:Residential
Full Address:233, Bazar Pada, Ward No.: 4, P.O: Khariar Road, Dist.: Nuapada, Khariar Road, Nuapada
Size:0.047 Dec.
Auction Description
Indian Bank is conducting a SARFAESI auction for a residential land and building property in Khariar Road, Nuapada, Odisha. The auction will take place on November 19, 2025, starting at 11:00 AM and concluding at 05:00 PM. The reserve price for this auction is INR 25,50,000, with an Earnest Money Deposit (EMD) of INR 2,55,000 required to participate. This is a prime opportunity for interested buyers to bid on this asset.
Borrower Name:Sri Ganesh Sharma
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a Land and Building in a developing location, offered at a reasonable reserve price. While the location may not be prime, the auction terms are standard, making it a calculated opportunity for potential buyers familiar with the Nuapada area.
Contact Details
Branch:Branch Office : ZONAL OFFICE: SAMBALPUR
Service Provider:BAANKNET
Contact Details:
Contact no: —
