Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:609919
Bank Name:Bank of India
Branch Name:Zonal Office
Reserve Price:₹16,29,000
EMD:₹1,62,900
Bid Increment:₹50,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a prime plot of land located in Kabisuryanagar, Ganjam, Odisha. Situated in a developing area, this residential land offers a great opportunity for investment or building your dream home. The property is part of a SARFAESI auction conducted by the Bank of India.
State:Odisha
City:Ganjam
Area:Kabisuryanagar
Asset Category:Residential
Full Address:205, 207, Kabisuryanagar, Ganjam, Odisha, Patharapalli, Ganjam
Size:0.575 Dec.
Auction Description
The Bank of India is holding a SARFAESI auction for a plot of land in Kabisuryanagar, Ganjam, Odisha. The reserve price is INR 16,29,000.00, with an Earnest Money Deposit (EMD) of INR 1,62,900.00 required to participate. The auction will take place on November 25, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a significant opportunity to acquire land in a growing region.
Borrower Name:Mr. Jayasen Sahu
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sunita Sahu
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a vacant land in a developing location. The reserve price is reasonable, but potential investors should carefully evaluate the development possibilities and local market conditions before bidding. The location in Kabisuryanagar, Ganjam, Odisha, presents a good opportunity with a calculated risk.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no: —
