Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609154
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹56,27,000
EMD:₹5,62,700
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This is a SARFAESI auction for a residential land and building located in Gop, Puri, Odisha. The property is being auctioned by Punjab National Bank. The borrower is M/s. Varosha Detergent Pvt. Ltd. Company. This presents a unique opportunity to acquire a property in a desirable location. Please refer to the auction details for specific property specifications and terms.
State:Odisha
City:Puri
Area:Gop
Asset Category:Residential
Full Address:144, Plot No.: 144, Khata No.: 113/37, Mouza: Sanakundura, Tahasil: Gop, Dist.: Puri, Sanakundura, Puri
Size:0.270 Ac.
Auction Description
Punjab National Bank invites bids for the auction of a land and building property in Gop, Puri, Odisha under SARFAESI Act. The auction will commence on 26-11-2025 at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is INR 56,27,000.00 and the Earnest Money Deposit (EMD) is INR 5,62,700.00. Interested bidders are advised to review all auction documents and terms and conditions before participating.
Borrower Name:M/s. Varosha Detergent Pvt. Ltd. Company
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Dipanjali Nayak, Mr. Banambara Nayak
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers potential due to its land and building type and strategic location in Gop, Puri. The reserve price seems reasonable; however, prospective buyers should conduct thorough due diligence. Given the symbolic possession, a calculated approach is advised.
Contact Details
Branch:Branch Office : ARMB
Service Provider:BAANKNET
Contact Details:
Contact no: —
