Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:611719
Bank Name:Bank of India
Branch Name:Zonal Office : Sambalpur
Reserve Price:₹25,99,300
EMD:₹2,59,930
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a bank auction for a residential plot located in Bisra, Sundargarh, Odisha. The property is part of a SARFAESI auction conducted by the Bank of India and is offered with a reserve price of INR 25,99,300. The earnest money deposit (EMD) required is INR 2,59,930. This presents a valuable opportunity to acquire land in a developing area of Sundargarh.
State:Odisha
City:Sundargarh
Area:Bisra
Asset Category:Residential
Full Address:686/1857, Mouza: Bisra, PS: Bisra, SRO: Biramitrapur, Tahashil: Bisra, Dist: Sundargarh, Odisha, Bisra, Sundargarh
Size:0.050 Dec
Auction Description
The Bank of India is holding a SARFAESI auction for a residential plot in Bisra, Sundargarh, Odisha. The auction will commence on November 25, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The minimum bidding price is set at INR 25,99,300, with an EMD of INR 2,59,930 required to participate. This auction is a public sale of the asset belonging to borrower Manu Mahapatra.
Borrower Name:Manu Mahapatra
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in Bisra, Sundargarh, offered at a reasonable reserve price. While the location may not be prime, the price point and auction terms present a calculated opportunity for investment. Further due diligence is recommended to assess the potential of the property.
Contact Details
Branch:Branch Office : Zonal Office : Sambalpur
Service Provider:BAANKNET
Contact Details:
Mrs. Lilima Panda, Mr. Sujit Kumar Badhai
Contact no:8144002101/7004717984
