Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.5
Auction ID:612166
Bank Name:Indian Bank
Branch Name:ZONAL OFFICE, CUTTACK
Reserve Price:₹40,14,000
EMD:₹4,01,400
Bid Increment:₹50,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-18
Bid Start Date:2025-11-19
Property Description
Presenting a prime residential plot located in the well-established area of Buxi Bazar, Cuttack, Odisha. This SARFAESI auction property offers a fantastic opportunity to acquire land in a developing locality. Ideal for residential construction, this plot is situated in a region known for its growing infrastructure and accessibility. Don't miss the chance to invest in this promising piece of real estate in Cuttack.
State:Odisha
City:Cuttack
Area:Buxi Bazar
Asset Category:Residential
Full Address:Khata No.: 603/289, Plot No.: 1752/3522, Tahasil: Cuttack No.: 217, Mouza: Cuttack Town Unit-18, Buxibazar, P.S.: Manglabag No.: 4, Dist.: Cuttack, Odisha-753007, Buxi Bazar, Cuttack
Size:0.04 Dec
Auction Description
Indian Bank presents an SARFAESI auction for a residential plot in Buxi Bazar, Cuttack, Odisha. The auction will take place on November 19, 2025, from 11:00 AM to 05:00 PM. The reserve price for this asset is INR 10,14,000.00, with an Earnest Money Deposit (EMD) of INR 1,01,400.00. This is a unique opportunity to purchase property directly through a bank auction. All interested bidders are encouraged to participate.
Borrower Name:M/s. Sri Arabind Agency
Auction Type:SARFAESI Auction
Guarantor Names:Arabinda Sahoo
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
Located in Buxi Bazar, Cuttack, this plot presents a solid investment opportunity. The reserve price seems reasonable for the location, and the auction terms are standard. Overall a strong buy for individuals familiar with the local market.
Contact Details
Branch:Branch Office : ZONAL OFFICE, CUTTACK
Service Provider:BAANKNET
Contact Details:
Contact no: —
