Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613907
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹44,42,000
EMD:₹4,44,200
Bid Increment:₹10,000
Auction Time:11.00 AM. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This SARFAESI auction presents a valuable opportunity to acquire land and a building in Tangi, Cuttack, Odisha. The property, previously owned by Mr. Susanta Kumar Kar, falls under the residential asset category. Located in a developed area, it offers potential for both personal use and investment. The auction is conducted by UCO Bank.
State:Odisha
City:Cuttack
Area:Tangi
Asset Category:Residential
Full Address:2273/2594, At: Tarol, Near Eastern Flour Mill, PO: Jagatpur, Dist.: Cuttack-754021, Tarol, Cuttack
Size:0.040 Dec.
Auction Description
UCO Bank is holding a SARFAESI auction for a land and building property in Tangi, Cuttack, Odisha. The auction starts on November 28, 2025, at 11:00 AM and concludes at 05:00 PM on the same day. The reserve price is set at INR 44,42,000, with an Earnest Money Deposit (EMD) of INR 4,44,200 required to participate. This is a prime opportunity to bid on a residential property in a sought-after location.
Borrower Name:Mr. Susanta Kumar Kar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Rasmita Kar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its residential land and building type in Tangi, Cuttack. The reserve price and EMD are moderate, fitting for the location. Further assessment is required to determine the long-term investment potential within the local real estate market.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Raghu Nath Singh
Contact no:9337302611
