Representative illustration — Plot bank auction in Arda
Representative illustration — not the actual property photograph.
Plot Residential Symbolic possession Strong Buy

Plot for Auction Arda Bhubaneswar 1.1 Crore by Cholamandalam Investment and Finance Company Limited 15 Jul 2026

Arda, Bhubaneswar

Area: 0.415 Acre

Khata No. 106, Plot Nos. 1553 & 2079, Mouza Arda, Tahasil Tarbha, Thana Tarbha, District Subarnapur, Odisha

Cholamandalam Investment And Finance Company Limited · Corporate Office : Chennai

Reserve price

₹1,06,00,000

EMD ₹10,60,000

Auction date

15 Jul 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 0.415 Acre
  • Locality: Arda
  • Reserve: ₹1,06,00,000
  • EMD: ₹10,60,000

Auction snapshot

PossessionSymbolic
Property typePlot · Residential
LocalityArda
Built-up / plot area0.415 Acre
LenderCholamandalam Investment And Finance Company Limited
BranchCorporate Office : Chennai
Unit / flat no.Khata No. 106, Plot No. 1553, Plot No. 2079
Auction typeSARFAESI Auction
Bid increment₹1,00,000
Service providerbankauctions.in

About this property

Plot bank auction in Arda, Bhubaneswar by Cholamandalam Investment And Finance Company Limited — reserve price ₹1,06,00,000, 0.415 Acre, Symbolic possession.

An excellent opportunity to acquire a 0.415 Acre residential plot in Arda, Tahasil Tarbha, District Subarnapur, Odisha, through a bank e-auction by Cholamandalam Investment And Finance Company Limited. This plot, bearing Khata No. 106, Plot Nos. 1553 and 2079, is available at a reserve price of ₹10,600,000.0. Interested bidders must submit an EMD of ₹1,060,000.0 by July 14, 2026. The e-auction is scheduled for July 15, 2026, from 11:00 AM to 01:00 PM, with property inspections on June 22 and 23, 2026. This bank auction property offers significant investment potential. Bidders are advised to perform due diligence as the property is offered on an 'As is where is' basis with symbolic possession. Contact Mr. Muhammed Rahees for more information.

GeoSquare note: This 0.415 Acre plot in Arda, Subarnapur, offers a promising investment opportunity for long-term growth. While the location is within a district mouza, plots of this size often hold good appreciation potential. The reserve price of ₹1.06 Crores for over 0.4 acres appears competitive for the region, positioning it as a strong buy. However, bidders must account for the symbolic possession status and conduct thorough due diligence, as it is sold on an 'as is where is' basis.

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