Property for Auction in Jagatsinghpur, Bhubaneswar, Odisha
Auction ID:551861
Bank Name:Indian Bank
Branch Name:Zonal Office : Bhubaneswar
Reserve Price:₹21,16,800
EMD:₹2,11,680
Service Provider:BAANKNET
Submission Date:09-09-2025 05:00 PM
Bid Start Date:10-09-2025 10:00 AM
This is a residential plot located in Jagatsinghpur, Bhubaneswar, Odisha. The property is being auctioned by Indian Bank under the SARFAESI Act. It offers a potential investment opportunity in a growing region. The asset was previously associated with M/s Orchid Mart. The plot is situated in a desirable location within Bhubaneswar, known for its developing infrastructure and accessibility. Potential buyers should thoroughly inspect the property and verify all details before participating in the auction. Further information regarding the specific dimensions, location, and any existing structures or amenities should be sought from the bank.
State:Odisha
City:Bhubaneswar
Area:Jagatsinghpur
Asset Category:Residential
Indian Bank is conducting a SARFAESI auction for a residential plot in Jagatsinghpur, Bhubaneswar, Odisha. The auction will take place on September 10, 2025, from 10:00 AM to 4:00 PM. The reserve price for this asset is ₹21,16,800, with an Earnest Money Deposit (EMD) of ₹2,11,680 required to participate. This is a valuable opportunity to acquire property in a developing area. Prospective bidders are advised to conduct their own due diligence regarding the property's legal status, physical condition, and any encumbrances prior to bidding. For further details or to arrange a site visit, please contact Indian Bank directly.
Borrower Name:M/s Orchid Mart
Auction Type:SARFAESI Auction
JAGATSINGHPUR BRANCH (Mobile No : 9770687632)