Land for Auction Polasara Ganjam 7.3 Lakh by Union Bank of India 12 Jun 2026
Polasara, Ganjam
Area: 0.220 Ac.
Mouza - Patharapalli, Po - Athagadapatana
Union Bank of India · ASSET RECOVERY BRANCH, CUTTACK
Reserve price
₹7,33,000
EMD ₹73,300
Auction date
12 Jun 2026, 12:00 PM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.220 Ac.
- ▸Locality: Polasara
- ▸Reserve: ₹7,33,000
- ▸EMD: ₹73,300
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Polasara |
| Built-up / plot area | 0.220 Ac. |
| Lender | Union Bank of India |
| Branch | ASSET RECOVERY BRANCH, CUTTACK |
| Unit / flat no. | 299 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Polasara, Ganjam by Union Bank of India — reserve price ₹7,33,000, 0.220 Ac., Symbolic possession.
Bank auction property: Vacant land for sale in Polasara, Ganjam, Odisha. This land, belonging to M/s Raj Kumari Cashew Processing Unit, is being auctioned by Union Bank of India. The property, located at Mouza - Patharapalli, Po - Athagadapatana, Via-Polasara, consists of Plot No.299 under Khata No.134/58, with a total area of Ac.0.220. The reserve price is ₹733000.0 with an EMD of ₹73300.0. The e-auction is scheduled for 2026-06-12. This is an excellent opportunity to acquire land in a developing area through a bank auction.
GeoSquare note: The property is a vacant land parcel in a rural location being sold via bank auction. The reserve price is relatively low, which may attract some interest, but the symbolic possession and location might limit its appeal. Overall, it represents a fair option for investors with a long-term outlook and familiarity with the area.
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