Land for auction 105/794 Nimidiha Jagatsinghpur by Indian Bank

A valuable plot of land located in Paradeep, Jagatsinghpur, Odisha. This residential land parcel is part of a SARFAESI auction conducted by Indian Bank. Situated in a developing area, it offers a potential opportunity for residential development or investment. The property is being auctioned due to a default by the borrower, Mr. Laxmidhar Mohanty. The land provides a canvas for future construction in a region known for its industrial and port activities.

Indian Bank presents a SARFAESI auction for a plot of land in Paradeep, Jagatsinghpur, Odisha. The auction commences on October 15, 2025, at 10:00 AM and concludes at 4:00 PM on the same day. The reserve price for this residential land is set at ₹74,05,000, with an Earnest Money Deposit (EMD) of ₹7,40,500 required to participate. This is a bank-initiated auction following a loan default by Mr. Laxmidhar Mohanty. Interested bidders are advised to review all auction terms and conditions prior to participating.