Property for Auction in Dhenakal, Dhenakal, Odisha
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
Submission Date:2025-11-26
Bid Start Date:2025-11-26
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : ARMB
Service Provider:BAANKNET
Contact Details:
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