Property for Auction in Mahanga, Cuttack, Odisha
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613902
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹40,24,000
EMD:₹4,02,400
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Submission Date:2025-11-27
Bid Start Date:2025-11-28
UCO Bank is auctioning a residential land and building in Mahanga, Cuttack, Odisha. This property, previously owned by Mr. Chittaranjan Behura, is available through a SARFAESI auction. The asset category is residential, offering potential for a home or investment. The location in Cuttack provides access to local amenities and infrastructure. The property type is land and building, suggesting a developed plot ready for use or further development. This is a unique opportunity to acquire property in a developing area of Odisha.
State:Odisha
City:Cuttack
Area:Mahanga
Asset Category:Residential
Full Address:Plot No.: 30, Plot No.: 32, Mouza: Jankoti, P.S: Mahanga No.: 150, Tahasil: Mahanga No.: 155, SRO: Mahanga, Dist.: Cuttack, Mahanga, Cuttack
Size:0.190 Dec
This is a SARFAESI auction conducted by UCO Bank for a residential land and building property located in Mahanga, Cuttack, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude on the same day at 5:00 PM. The reserve price for this auction is ₹40,24,000.0, with an Earnest Money Deposit (EMD) of ₹4,02,400.0 required to participate. Interested bidders should review all auction terms and conditions provided by UCO Bank. This auction presents a chance to purchase a property in Cuttack at a competitive price.
Borrower Name:Mr. Chittaranjan Behura
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Hrushikesh Behera
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
The property offers a decent investment potential due to its residential land and building type in Mahanga, Cuttack. The reserve price is reasonable, but a thorough local market analysis is recommended. Auction terms are standard, making it a calculated opportunity with moderate risk.
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Mr. Raghu Nath Singh
Contact no:9337302611