Property for Auction in Nabarangpur, Bhubaneswar, Odisha
Auction ID:547865
Bank Name:Punjab National Bank
Branch Name:ARMB
Reserve Price:₹2,88,00,000
EMD:₹28,80,000
Service Provider:BAANKNET
Submission Date:12-08-2025 11:00 AM
Bid Start Date:12-08-2025 11:00 AM
This offering is for a residential plot located in the Nabarangpur area of Bhubaneswar, Odisha. As part of a bank auction by Punjab National Bank, this plot represents a unique investment opportunity. Situated in a region with growing potential, the property is categorized as residential, making it suitable for various development purposes. The specific details regarding the plot's size, dimensions, and any existing structures are available upon request or during the auction process. The location in Bhubaneswar, a major city in Odisha, ensures good connectivity and access to essential amenities. This plot is an asset originally belonging to M/s. Sri Subham Modern Rice Mill, now available through a SARFAESI auction.
State:Odisha
City:Bhubaneswar
Area:Nabarangpur
Asset Category:Residential
Punjab National Bank is conducting a SARFAESI auction for a prime plot of land in Nabarangpur, Bhubaneswar, Odisha. The auction will take place on August 12, 2025, from 11:00 AM to 4:00 PM. The reserve price for this valuable asset is ₹2,88,00,000, with an Earnest Money Deposit (EMD) of ₹28,80,000 required to participate. This is a significant opportunity for investors and developers to acquire a well-located property in a developing area. The property is being auctioned due to the default of the borrower, M/s. Sri Subham Modern Rice Mill. Don't miss this chance to own a piece of Bhubaneswar's real estate.
Borrower Name:M/s. Sri Subham Modern Rice Mill
Auction Type:SARFAESI Auction
CONTACT NUMBER-9685699346