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

Land and Building for Auction Prem Nagar Ganjam 1.8 Crore by Union Bank of India 12 Jun 2026

Prem Nagar, Ganjam

Area: 0.072 dec

Southern row of Prem Nagar, 1st lane, Vill/Mouza: Alakapur, Berhampur Tehsil

Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK

Reserve price

₹1,83,00,000

EMD ₹18,30,000

Auction date

12 Jun 2026, 12:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 0.072 dec
  • Locality: Prem Nagar
  • Reserve: ₹1,83,00,000
  • EMD: ₹18,30,000

Auction snapshot

PossessionSymbolic
Property typeLand And Building · Residential
LocalityPrem Nagar
Built-up / plot area0.072 dec
LenderUnion Bank of India
BranchASSET RECOVERY BRANCH, CUTTACK
Unit / flat no.43/1050
Auction typeSARFAESI Auction
Service providerBAANKNET

About this property

Land And Building bank auction in Prem Nagar, Ganjam by Union Bank of India — reserve price ₹1,83,00,000, 0.072 dec, Symbolic possession.

A bank auction property featuring land and building is available in Berhampur, Ganjam, Odisha. This property, located in Prem Nagar (Alakapur), spans 0.072 dec of homestead land and building. The auction by Union Bank of India has a reserve price of ₹18,300,000 and an EMD of ₹1,830,000. The property is situated in a prime location near Municipality road and is bounded by residential houses. This presents a valuable opportunity for investors interested in bank auction property in Berhampur. The e-auction is scheduled for 2026-06-12. Don't miss this chance to acquire a significant asset in a growing locality.

GeoSquare note: The property is a Land And Building in Berhampur, Odisha, with a reserve price of ₹18,300,000 and symbolic possession. Its location in Prem Nagar adds to its value. However, its symbolic possession status and moderate price range suggest it is a fair investment option requiring further due diligence.

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