Land for auction Dhenkanal Dhenkanal 2 Cr Punjab National Bank

Property for Auction in Dhenakal, Dhenakal, Odisha

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
0.218 Dec
Reserve Price
1,88,02,000
Reserve Price
1,88,02,000
EMD Required
18,80,200
Property Specifications
Size0.218 Dec
Unit No.Plot No.: 2761/9808, 2760, 2761
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Dhenakal, Dhenakal
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:609155

Bank Name:Punjab National Bank

Branch Name:ARMB

Reserve Price:1,88,02,000

EMD:18,80,200

Bid Increment:1,00,000

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 is a prime land parcel located in Dhenakal, Odisha, offered for auction by Punjab National Bank. Situated in the heart of Dhenakal, this residential land presents a significant investment opportunity. The property is part of a SARFAESI auction and is being sold on behalf of the borrower, M/s. Maa Mansa Trading. The land is ideal for residential development or other commercial uses, benefiting from its strategic location within the growing Dhenakal area.

State:Odisha

City:Dhenakal

Area:Dhenakal

Asset Category:Residential

Full Address:Plot No.: 2761/9808, 2760, 2761, Mulusingh, PO: Siminoi, Dhenkanal Sadar, Dist.: Dhenkanal, PIN-759025, Dhenkanal, Dhenkanal

Size:0.218 Dec

Auction Description

Punjab National Bank is conducting an online SARFAESI auction for a valuable land property in Dhenakal, Odisha. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price for this auction is ₹1,88,02,000, with an Earnest Money Deposit (EMD) of ₹18,80,200 required to participate. This is a unique opportunity to acquire a significant asset in Dhenakal through a transparent and competitive bidding process facilitated by the bank.

Borrower Name:M/s. Maa Mansa Trading

Auction Type:SARFAESI Auction

Guarantor Names:Mr. Shyam Sundar Agarwala

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a vacant land in Dhenkanal, Odisha, offered at a reserve price of ₹18802000.0. While the location may have potential, further due diligence is advisable to assess the land's market value and growth prospects before investing.

Contact Details

Branch:Branch Office : ARMB

Service Provider:BAANKNET

Contact Details:

Contact no: —

Discover Similar Auctions

Videos