Land and Building for Auction Simulia Balasore 10.9 Lakh by Union Bank of India 24 Jun 2026
Simulia, Balasore
Area: 0.180 Acres
Khata No.: 320, Plot No.: 1634, 1636, 1637, Mouza: Nua, P.S.: Simulia, Tahasil: Khaira No. 349, Balasore, Odisha
Union Bank of India · REGIONAL OFFICE: BALASORE
Reserve price
₹10,93,950
EMD ₹1,09,395
Auction date
24 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.180 Acres
- ▸Locality: Simulia
- ▸Reserve: ₹10,93,950
- ▸EMD: ₹1,09,395
Auction snapshot
| Possession | Symbolic |
| Property type | Land And Building · Residential |
| Locality | Simulia |
| Built-up / plot area | 0.180 Acres |
| Lender | Union Bank of India |
| Branch | REGIONAL OFFICE: BALASORE |
| Unit / flat no. | Plot No. 1634, 1636, 1637 |
| Auction type | SARFAESI Auction |
| Bid increment | ₹10,940 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Simulia, Balasore by Union Bank of India — reserve price ₹10,93,950, 0.180 Acres, Symbolic possession.
Discover a prime commercial bank auction property in Simulia, Balasore, Odisha. This Land & Building, associated with M/s. Maa Budhi Jagulai Variety Store, spans a total area of 0.180 acres across Plot Nos. 1634, 1636, and 1637 in Mouza Nua. Offered by Union Bank of India, the e-auction is scheduled for June 24, 2026, with a competitive reserve price of ₹1,093,950.0 and an EMD of ₹109,395.0. Although possession is symbolic, this commercial property for sale represents a significant investment opportunity in the growing Balasore region.
GeoSquare note: This property offers a good investment opportunity as a commercial land and building in Simulia, Balasore, an emerging location. The reserve price of ₹1,093,950.0 for 0.180 acres appears competitive for its potential commercial use. While possession is symbolic, the auction details suggest a favorable entry point into the Balasore real estate market.
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