Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611731
Bank Name:Bank of India
Branch Name:Zonal Office : Sambalpur
Reserve Price:₹42,05,800
EMD:₹4,20,580
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-25
Bid Start Date:2025-11-25
Property Description
This is a residential plot located in Kisam: Gharabari, Sundargarh, Odisha. The property is being auctioned by the Bank of India under the SARFAESI Act. It represents an opportunity to acquire land in a developing area.
State:Odisha
City:Sundargarh
Area:Kisam: Gharabari
Asset Category:Residential
Full Address:Khata No.: 294, Plot No.: 3151/1, Brahamanitarang, Sundargarh
Size:0.025 Dec
Auction Description
The Bank of India is conducting a SARFAESI auction for a residential plot in Kisam: Gharabari, Sundargarh, Odisha. The reserve price is ₹42,05,800, with an Earnest Money Deposit (EMD) of ₹4,20,580. The auction will take place on November 25, 2025, starting at 11:00 AM and closing at 5:00 PM. This is a public auction for the property previously belonging to Mr. Nandlal Prasad.
Borrower Name:Mr. Nandlal Prasad
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Amit Prasad Soni, Mrs. Bimala Devi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot's location in Sundargarh, a developing district in Odisha, presents a calculated investment opportunity. With a reasonable reserve price and symbolic possession, potential investors should thoroughly assess the area's growth potential and legal aspects before bidding.
Contact Details
Branch:Branch Office : Zonal Office : Sambalpur
Service Provider:BAANKNET
Contact Details:
Mrs. Lilima Panda, Mr. Sujit Kumar Badhai
Contact no:8144002101/7004717984
