Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610585
Bank Name:Punjab National Bank
Branch Name:CIRCLE OFFICE-CUTTACK
Reserve Price:₹44,77,000
EMD:₹4,47,700
Bid Increment:₹50,000
Auction Time:11.00 AM to 4.00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-26
Bid Start Date:2025-11-26
Property Description
This offering is for a plot of land located in Angul Town, Angul, Odisha, brought to auction by Punjab National Bank. The property is being sold under the SARFAESI Act. This is a prime opportunity to acquire land in a developing area.
State:Odisha
City:Angul
Area:Angul Town
Asset Category:Residential
Full Address:466/1377, Plot No.: 466/1377, Khata No.: 56/821, Mouza: Baniabahal, Tahasil: Angul, Dist.: Angul, Baniabahal, Angul
Size:0.060 Dec.
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a land property in Angul Town, Angul, Odisha. The auction will take place on November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹44,77,000, with an Earnest Money Deposit (EMD) of ₹4,47,700 required to participate. This auction presents a chance to bid on a residential land asset previously associated with M/s. Jasoda Mother.
Borrower Name:M/s. Jasoda Mother
Auction Type:SARFAESI Auction
Guarantor Names:Dr. Krushna Prasad Behera, Mr. Sushil Kumar Nath, Mr. Manoranjan Nath, Mr. Gatikrishna Nath, Smt. Jasobanti Nath
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vacant land in Angul, Odisha, offered at a reserve price of ₹4477000.0. While the location is promising, the lack of specific development plans and symbolic possession status warrant a 'Calculated Opportunity' rating. Potential investors should conduct thorough due diligence and assess local market conditions before bidding.
Contact Details
Branch:Branch Office : CIRCLE OFFICE-CUTTACK
Service Provider:BAANKNET
Contact Details:
Contact no: —
