Land for Auction Kantabanji Bhubaneswar 1.7 Crore by Union Bank of India 12 Jun 2026
Kantabanji, Bhubaneswar
Area: 1.054 dec
Plot No.892, Mark F/1 admeasuring Ac.0.094 dec., Plot No.892/1286, Mark D/1 admeasuring Ac.0.217 dec., Plot No.892/1286, Mark E/1 admeasuring Ac.0.295 dec., Plot No.892/1286, Mark F/2 admeasuring Ac.0.202 dec., Plot No.892, Mark H/1 admeasuring Ac.0.246 dec
Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK
Reserve price
₹1,72,50,000
EMD ₹17,25,000
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1.054 dec
- ▸Locality: Kantabanji
- ▸Reserve: ₹1,72,50,000
- ▸EMD: ₹17,25,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Kantabanji |
| Built-up / plot area | 1.054 dec |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, CUTTACK |
| Auction type | SARFAESI Auction |
| Bid increment | ₹1,72,500 |
| Service provider | BAANKNET |
About this property
Land bank auction in Kantabanji, Bhubaneswar by Union Bank of India — reserve price ₹1,72,50,000, 1.054 dec, Symbolic possession.
Bank auction property! Residential land for sale in Kantabanji, Balangir, Odisha. The property, measuring 1.054 dec, is located at Mouza Kantabanji (Ga) and is under symbolic possession. Union Bank of India is conducting the e-auction on 2026-06-12, with a reserve price of ₹17250000.0 and an EMD of ₹1725000.0. This land, covered by Khata No. 170, offers a great investment opportunity in a developing locality. Don't miss this chance to bid on a valuable land asset in Balangir!
GeoSquare note: The land in Balangir, Odisha, presents a fair investment option given its location and reserve price of ₹17250000.0. However, the symbolic possession status introduces a degree of risk. While the location has potential, investors should carefully assess the area's market dynamics and development prospects before bidding.
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