Land And Building for auction Sarankul Nayagarh 15 lakh Indian Bank

Discover a prime investment opportunity in Sarankul, Nayagarh, Odisha. This SARFAESI auction by Indian Bank features a valuable Land and Building property, formerly owned by Mr. Nirmalya Bhanja. Situated in a developing area, this asset offers significant potential for residential use or future development. The property is located in the scenic district of Nayagarh, known for its cultural heritage and growing infrastructure. Don't miss the chance to acquire this asset in a transparent e-auction process.

Indian Bank presents an exclusive SARFAESI auction for a Land and Building property in Sarankul, Nayagarh, Odisha. The auction is scheduled for December 10, 2025, commencing at 11:00 AM and concluding at 05:00 PM on the same day. The reserve price is set at INR 15,41,000, with an Earnest Money Deposit (EMD) of INR 1,54,100. This is a unique opportunity to bid on a residential asset through a secure online platform. Prospective bidders are advised to review all auction terms and conditions prior to participation.

The property is a small land and building in a rural location. The reserve price seems reasonable, but potential investors should carefully evaluate the market in Sarankul. The terms of the auction are standard, presenting a calculated opportunity for local buyers.