Land & Building for auction Mukundaprasad Khordha 2 Cr Punjab National Bank

This auction features industrial land and a building located in Mukundaprasad, Khordha, Odisha. The property is an asset of M/s Samit Enterprises. Ideal for industrial ventures, this is a significant opportunity in a developing area. The land and building offer a solid foundation for manufacturing, warehousing, or other business operations. Its location in Khordha provides strategic access to transportation networks and potential markets. Don't miss this chance to acquire a valuable industrial asset.

Punjab National Bank is conducting a SARFAESI auction for industrial land and a building in Mukundaprasad, Khordha, Odisha. The auction has a reserve price of ₹1,78,95,000 and an Earnest Money Deposit (EMD) of ₹17,89,500. The auction will take place on December 5, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a prime opportunity to invest in a substantial industrial property. Interested bidders are encouraged to review all auction terms and conditions prior to participating.

The property offers a potential industrial investment in a developing area. The reserve price seems reasonable, but a thorough due diligence of the leased land and existing structures is necessary. The symbolic possession suggests potential challenges that need investigation.