Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612909
Bank Name:Bank of India
Branch Name:Zonal Office: Bhubaneswar Zone
Reserve Price:₹51,51,000
EMD:₹5,15,100
Bid Increment:₹50,000
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
This SARFAESI auction presents a unique opportunity to acquire land and a building in the desirable Puri Sadar area of Puri, Odisha. Previously owned by Mr. Akhaya Kumar Sahoo, this residential asset is being auctioned by the Bank of India. The property offers a solid investment in a prime location, suitable for residential development or personal use.
State:Odisha
City:Puri
Area:Puri Sadar
Asset Category:Residential
Full Address:613/2331, Matiapada, PS: Puri Town (Unit No. 31), Tahasil: Puri Sadar, SRO: Puri, Dist.: Puri, Odisha, Matiapada, Puri
Size:0.028 Dec
Auction Description
The Bank of India is conducting a SARFAESI auction for a land and building property in Puri Sadar, Puri. The auction is scheduled for December 9, 2025, starting at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price for this asset is INR 51,51,000, with an Earnest Money Deposit (EMD) of INR 5,15,100 required to participate. This is a direct sale opportunity with clear terms.
Borrower Name:Mr Akhaya Kumar Sahoo
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
This property in Puri presents a calculated opportunity. The land and building, while located in Puri Sadar, requires careful consideration due to its size. The reserve price and EMD need to be assessed against the potential market value to determine the investment viability.
Contact Details
Branch:Branch Office : Zonal Office: Bhubaneswar Zone
Service Provider:BAANKNET
Contact Details:
Contact no:7978330922
