Representative illustration — Land And Building bank auction in Parlakhemundi Town
Representative illustration — not the actual property photograph.
Land And Building Residential Symbolic possession Fair Option

Land and Building for Auction Parlakhemundi Town Cuttack 22.8 Lakh by Union Bank of India 12 Jun 2026

Parlakhemundi Town, Cuttack

Area: 0.032 dec.

Mouza: Deenakrushnapur, Ward No.6 of Parlakhemundi Town, Tahasil: Parlakhemundi

Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK

Reserve price

₹22,82,000

EMD ₹2,28,200

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 0.032 dec.
  • Locality: Parlakhemundi Town
  • Reserve: ₹22,82,000
  • EMD: ₹2,28,200

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityParlakhemundi Town
Built-up / plot area0.032 dec.
LenderUnion Bank of India
BranchASSET RECOVERY BRANCH, CUTTACK
Unit / flat no.Plot No. 187
Auction typeSARFAESI Auction
Bid increment₹22,820
Service providerBAANKNET

About this property

Land And Building bank auction in Parlakhemundi Town, Cuttack by Union Bank of India — reserve price ₹22,82,000, 0.032 dec., Symbolic possession.

Bank auction property for sale in Parlakhemundi, Odisha. This residential land and building, measuring 0.032 dec., is located in Mouza Deenakrushnapur, Ward No. 6. The property is under symbolic possession. The e-auction is scheduled for June 12, 2026, with a reserve price of ₹2282000. Interested buyers can inspect the property on June 11, 2026. Don't miss this opportunity to acquire a valuable property through a bank auction. Contact Union Bank of India for more details.

GeoSquare note: The property is a small residential land and building in Parlakhemundi offered at a relatively low reserve price. However, the symbolic possession and potentially lower demand in a smaller town contribute to a fair option rating. Interested investors should carefully assess the location's potential and thoroughly investigate all encumbrances before bidding.

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