Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611664
Bank Name:Bank of Baroda
Branch Name:REGIONAL OFFICE: BHUBANESWAR
Reserve Price:₹9,49,000
EMD:₹94,900
Bid Increment:₹20,000
Auction Time:2.00 PM to 6.00 PM
Service Provider:Public Auction
Important Dates
Submission Date:2025-12-04
Bid Start Date:2025-12-05
Property Description
This is a prime plot of land located in Nayagarh, Bhubaneswar, Odisha. As a SARFAESI auction property, it presents a unique opportunity for investors or prospective homeowners. The land is categorized as residential, making it suitable for building a home or for future development. Its location in Bhubaneswar, a rapidly growing city, adds to its investment potential. Don't miss this chance to acquire a valuable asset in a sought-after area.
State:Odisha
City:Bhubaneswar
Area:Nayagarh
Asset Category:Residential
Full Address:Mouza: Ostapada, Tahasil: Nayagarh, Tahasil No.: 497, PS: Nayagarh, PS No.: 104, DSRO: Nayagarh, Dist.: Nayagarh, Khata No.: 277/4, Corresponding Revenue Plot No.: 81/293, Nayagarh, Bhubaneswar
Size:0.06 Ac.dec
Auction Description
Bank of Baroda presents an exclusive SARFAESI auction for a residential land parcel in Nayagarh, Bhubaneswar. The auction will be conducted online on December 5, 2025, commencing at 02:00 PM and concluding at 06:00 PM. The reserve price for this property is INR 949,000, with an Earnest Money Deposit (EMD) of INR 94,900 required to participate. This is a secured transaction handled by the bank, offering a transparent bidding process. Secure your bid for this promising real estate opportunity.
Borrower Name:M/s Shakuntala Exercise Note Book
Auction Type:SARFAESI Auction
Guarantor Names:Shri Panu Charan Pradhan
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a decent investment due to its land classification and location in Nayagarh, Bhubaneswar. However, potential investors should carefully assess the location's development potential and compare the reserve price against prevailing market rates before bidding. The terms of the auction and symbolic possession status also warrant due diligence.
Contact Details
Branch:Branch Office : REGIONAL OFFICE: BHUBANESWAR
Service Provider:Public Auction
Contact Details:
Contact no:0674-2387100
