Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612748
Bank Name:Repco Home Finance Limited
Branch Name:Corporate Office - Chennai
Reserve Price:₹32,49,000
EMD:₹3,24,900
Bid Increment:₹25,000
Auction Time:11.00 a.m to 12.00 Noon
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
This is a SARFAESI auction for a residential Land and Building located in Tahasil-Athagada, Cuttack, Odisha. The property is being auctioned by Repco Home Finance Limited, with a reserve price of INR 3,249,000 and an Earnest Money Deposit (EMD) of INR 324,900. This is an excellent opportunity to acquire a property in a developing area.
State:Odisha
City:Cuttack
Area:Tahasil-Athagada
Asset Category:Residential
Full Address:Nijigada Mouza, Record of Right No.604/557, Plat No. 1733/2864/3234, Nijigada, Cuttack
Size:0.030 Decimal
Auction Description
Repco Home Finance Limited presents a SARFAESI auction for a Land and Building property in Tahasil-Athagada, Cuttack, Odisha. The auction will take place on December 12, 2025, starting at 11:00 AM and concluding at 12:00 PM. The reserve price is set at INR 3,249,000, with an EMD of INR 324,900. Don't miss this chance to bid on this residential asset.
Borrower Name:Mr.Anil Kumar Sahoo
Auction Type:SARFAESI Auction
Guarantor Names:Mr.Abhiram Sahoo
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Athagada, Cuttack, and the relatively low reserve price. While the area is small, it is suitable for building purposes. Potential investors should carefully assess the market conditions and property-specific details before bidding.
Contact Details
Branch:Branch Office : Corporate Office - Chennai
Service Provider:bankeauctions.com / C1 India
Contact Details:
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