Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.9
Auction ID:613932
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹12,08,000
EMD:₹1,20,800
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
This is a SARFAESI auction by UCO Bank for a residential land and building property located in Nayagarhh, Nayagarh, Odisha. The property is being auctioned due to non-payment by the borrower, M/s. Rishita Agency. The auction offers a valuable opportunity to acquire a property in a well-established area.
State:Odisha
City:Nayagarh
Area:Nayagarhh
Asset Category:Residential
Full Address:Mouza: Khanguri, Tahasil: Nuagaon, P.S./Dist.: Nayagarh, Khata No.: 73/75, Plot No.: 42/482, Nayagarh, Nayagarh
Size:0.20 Ac. Dec.
Auction Description
UCO Bank is conducting an online SARFAESI auction for a land and building property in Nayagarhh, Nayagarh, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude on the same day at 05:00 PM. The reserve price for this auction is ₹12,08,000, with an Earnest Money Deposit (EMD) of ₹1,20,800 required to participate. This is a prime opportunity for interested buyers to bid on a residential asset.
Borrower Name:M/s. Rishita Agency
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Jayalaxmi Pattnaik
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a calculated opportunity due to its location in Nayagarh, Odisha, and the relatively low reserve price. While not a prime investment, the land and building offer potential for development or resale. Prospective buyers should carefully assess the location and property condition before bidding.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
