Land and Building for auction Mahanga Cuttack 40 lakh UCO Bank

Property for Auction in Mahanga, Cuttack, Odisha

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
0.190 Dec
Reserve Price
40,24,000
Reserve Price
40,24,000
EMD Required
4,02,400
Property Specifications
Size0.190 Dec
Unit No.Plot No.: 30, Plot No.: 32
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mahanga, Cuttack
Auction Date IconAuction Date:
28-11-2025 11:00 AM

Auction Details

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

Important Dates

Submission Date:2025-11-27

Bid Start Date:2025-11-28

Property Description

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

Auction Description

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

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

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.

Contact Details

Branch:Branch Office : Zonal Office

Service Provider:BAANKNET

Contact Details:

Mr. Raghu Nath Singh

Contact no:9337302611

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