Land for auction Nimapara Puri 51 lakh Repco Home Finance Limited

This is a SARFAESI auction for a residential land parcel located in Nimapara, Puri, Odisha. The property, previously owned by Mr. Ratnakar Das, offers a valuable opportunity to acquire land in a developing area. Ideal for residential development, this plot is being auctioned by Repco Home Finance Limited. The auction is conducted under the SARFAESI Act, ensuring a transparent and regulated sale process. This is a chance to invest in a promising location within the Puri district.

Repco Home Finance Limited presents a SARFAESI auction for a prime residential land in Nimapara, Puri, Odisha. The auction will take place on December 16, 2025, commencing at 11:00 AM and concluding at 12:00 PM. The reserve price for this land is ₹51,37,000.00, with an Earnest Money Deposit (EMD) of ₹5,13,700.00 required to participate. This is a unique opportunity to acquire a valuable asset through a secure and legally compliant auction process. Interested bidders are encouraged to review all auction terms and conditions prior to participation.

The property is a plot of land in Nimapara, Puri, offered at ₹5137000.0. While the location is promising, potential investors should carefully evaluate the market value and conduct thorough due diligence before participating in the auction. The relatively high EMD amount warrants a calculated approach.