Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:609153
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹15,38,000
EMD:₹1,53,800
Bid Increment:₹25,000
Auction Time:11:00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
Discover an exceptional investment opportunity with this land and building property located in the heart of Puri Town, Puri, Odisha. Ideal for residential development or commercial use, this asset is being auctioned by Punjab National Bank. Situated in a prime location, it offers excellent potential for growth and returns. The property is categorized as residential and is available for purchase through a SARFAESI auction.
State:Odisha
City:Puri
Area:Puri Town
Asset Category:Residential
Full Address:505 & 507, Ghanashyam Villa, Roof Top Barsati (Part-A) cum Dwelling Unit No.: 505 & 507, 4th Floor, Ghanashyam Villa, Near Ballav Road, Near Mochi Sahi Square, Puri, Mochi Sahi Square, Puri
Building/Society:Ghanashyam Villa
Size:500 Sq.ft.
Auction Description
Punjab National Bank presents a SARFAESI auction for a valuable land and building property in Puri Town, Puri, Odisha. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this asset is INR 15,38,000, with an Earnest Money Deposit (EMD) of INR 1,53,800. This is a unique chance to acquire a promising property in a sought-after location.
Borrower Name:M/s. Basundhara Textile & Wholesaling Transport
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Chitta Ranjan Sahoo
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is located in a desirable area of Puri and offered at a competitive reserve price. While the property size is limited and possession is symbolic, the location and price make it a worthwhile, calculated investment.
Contact Details
Branch:Branch Office : ARMB
Service Provider:BAANKNET
Contact Details:
Contact no: —
