Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613904
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹46,98,000
EMD:₹4,69,800
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M. (With Unlimited Extension of 10 minutes each)
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This auction features a valuable Land and Building property located in Mahanga, Cuttack, Odisha. The asset, categorized as Residential, is being auctioned by UCO Bank under the SARFAESI Act. It presents an excellent opportunity for investment or personal use in a developing area. The property is associated with the borrower M/s. Sai Agency. Don't miss this chance to acquire a property in Cuttack.
State:Odisha
City:Cuttack
Area:Mahanga
Asset Category:Residential
Full Address:887, Mouza: Budhukunia, Tahasil: Mahanga (No.: 129), Thana: Mahanga (No.: 124), Dist.: Cuttack, Odisha, Khata No.: 278, Plot No. 887, Mahanga, Cuttack
Size:0.045 Dec
Auction Description
UCO Bank is conducting a SARFAESI auction for a Land and Building property in Mahanga, Cuttack, Odisha. The auction has a reserve price of INR 46,98,000 and requires an EMD of INR 4,69,800. The auction will commence on 28th November 2025 at 11:00 AM and conclude at 05:00 PM on the same day. This is a fantastic opportunity to bid on a residential property.
Borrower Name:M/s. Sai Agency
Auction Type:SARFAESI Auction
Guarantor Names:Saraswati Pradhan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a developing location. The reserve price seems reasonable. However, further due diligence is needed regarding the land's development potential and local market conditions before considering it a strong investment.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
Contact no: —
