Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:613960
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹44,40,000
EMD:₹4,44,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 5.00 P.M. (With Unlimited Extension of 10 minutes each)
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2023-11-28
Property Description
UCO Bank is auctioning a residential land and building in Rayagada, Odisha. This SARFAESI auction presents a unique opportunity to acquire property in a key area of Rayagada. The asset was previously owned by M/s. Milan Agency. Ideal for investment or personal use, this property offers significant potential.
State:Odisha
City:Rayagada
Area:Rayagada.
Asset Category:Residential
Full Address:63, Village & Mouza Tumbiguda under Thana: Rayagada, Thana No: 146, Tahasil & Dist. Rayagada, Tumbiguda, Rayagada
Size:0.041 Ac
Auction Description
This is a SARFAESI auction conducted by UCO Bank for a land and building property in Rayagada, Odisha. The auction starts on November 28, 2025, at 11:00 AM and concludes on the same day at 05:00 PM. The reserve price is ₹44,40,000, with an Earnest Money Deposit (EMD) of ₹4,44,000 required to participate. Don't miss this chance to bid on this valuable asset.
Borrower Name:M/s. Milan Agency
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Trinath Sahu, Mr. Souri Sahu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property offers a land and building in Rayagada, which is a developing area. The reserve price seems reasonable, presenting a calculated investment opportunity. However, potential buyers should conduct thorough due diligence before participating in the auction.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:7978484736
