Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609025
Bank Name:Union Bank of India
Branch Name:Regional Office
Reserve Price:₹17,00,000
EMD:₹1,70,000
Bid Increment:₹17,000
Auction Time:12:00 Noon to 05:00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:05-12-2025 12:00 PM
Bid Start Date:2025-12-05
Property Description
Union Bank of India presents a SARFAESI auction for a residential Land and Building property in Bari, Jajpur, Odisha. This asset, previously belonging to M/s Rajesh Enterprises, offers a compelling investment opportunity. The property is situated in a developed area of Jajpur, making it suitable for various purposes. Don't miss this chance to acquire valuable real estate through a transparent bank auction process.
State:Odisha
City:Jajpur
Area:Bari.
Asset Category:Residential
Full Address:384, Khata No.: 44 (Corresponding to Mutation Khata No.: 158/48), Plot No.: 384, Area: Ac.0.08dec., Mouza: Raghunathpur, PS: Jajpur Sadar, SRO: Bari, Dist.: Jajpur, Raghunathpur, Jajpur
Size:0.08 dec.
Auction Description
Participate in the SARFAESI auction conducted by Union Bank of India for a Land and Building asset in Bari, Jajpur, Odisha. The auction is scheduled for December 5, 2025, from 12:00 PM to 5:00 PM. The reserve price is set at ₹17,00,000.00, with an Earnest Money Deposit (EMD) of ₹1,70,000.00 required to bid. This is a prime opportunity to secure a property with clear title and legal standing directly from the bank.
Borrower Name:M/s Rajesh Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Manmohan Bhuyan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a residential land and building in a developing area, offered at a reasonable reserve price. The symbolic possession status and location require careful due diligence. It presents a calculated opportunity for those familiar with the local market.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
