Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609918
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹88,77,000
EMD:₹8,87,700
Bid Increment:₹50,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This auction features a residential land and building located in P.S. Kujanga, Jagatsinghpur, Odisha. The property is part of a SARFAESI auction conducted by the Bank of India. Ideal for investment or personal use, this asset offers a unique opportunity in a developing area.
State:Odisha
City:Jagatsinghpur
Area:P.S.: Kujanga
Asset Category:Residential
Full Address:03, Khata No.: 09, Plot No.: 03, Area: Ac.0.25 Dec. l.e. 10,890 Sqft., Kissam: Gharabari, Mouza: Sandhakuda, P.S: Paradeep, Tahasil/SRO: Kujanga, Sandhakuda, Jagatsinghpur
Size:0.25 Ac
Auction Description
The Bank of India is holding a SARFAESI auction for a land and building property in Jagatsinghpur, Odisha. The auction will take place on November 25, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹88,77,000, with an Earnest Money Deposit (EMD) of ₹8,87,700. This is a prime opportunity to acquire the asset belonging to M/s. Asian Trading Corporation.
Borrower Name:M/s. Asian Trading Corporation
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sona Swain
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is a land and building in a developing location. The reserve price seems reasonable, and auction terms are standard. However, further due diligence is required to assess the location's potential and any hidden encumbrances before considering it a strong investment.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
