Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613913
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹16,58,000
EMD:₹1,65,800
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
UCO Bank is auctioning a residential land and building in Kendrapara, Bhubaneswar, Odisha. This SARFAESI auction presents an opportunity to acquire a property formerly associated with Mr. Sailendra Khuntia. The asset category is residential, and the property type is specifically land and building. Located in the vibrant city of Bhubaneswar, this auction is for a property with a reserve price of 1,658,000.0 and an EMD of 165,800.0.
State:Odisha
City:Bhubaneswar
Area:Kendrapara
Asset Category:Residential
Full Address:333, Mouza: Nischinta, Ward/Taluka: Bantala, Dist.: Kendrapara, Nischinta, Kendrapara
Size:0.130 Dec.
Auction Description
This is a SARFAESI auction conducted by UCO Bank for a residential land and building located in Kendrapara, Bhubaneswar, 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 property is set at 1,658,000.0, with an Earnest Money Deposit (EMD) of 165,800.0. This is a prime opportunity to bid on a land and building asset in Bhubaneswar.
Borrower Name:Mr. Sailendra Khuntia
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sunakar Khuntia, Kanakalata Khuntia, Minati Nayak
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in Kendrapara, Odisha. The reserve price is relatively moderate, and the location is potentially promising. However, further due diligence is required to assess market conditions and potential risks before investing.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
