Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612234
Bank Name:Odisha Gramya Bank
Branch Name:Regional Office
Reserve Price:₹14,77,250
EMD:₹1,47,725
Bid Increment:₹25,000
Auction Time:11:00 AM to 2:00 PM
Service Provider:drt.auctiontiger.net
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-10
Property Description
This is a residential plot located in Dihapanchagochi, Puri, Odisha. The property is being auctioned by Odisha Gramya Bank as part of a SARFAESI auction. This is a great opportunity to acquire land in a developing area of Puri.
State:Odisha
City:Puri
Area:Dihapanchagochi
Asset Category:Residential
Full Address:333/625, Dihapanchagochia, Khata No.: 188/125, Plot No.: 333/625, Dihapanchagochia, Puri
Size:0.13 dec.
Auction Description
Odisha Gramya Bank is conducting a SARFAESI auction for a residential plot in Dihapanchagochi, Puri, Odisha. The auction will be held on December 10, 2025, from 11:00 AM to 2:00 PM. The reserve price for this auction is ₹14,77,250, with an Earnest Money Deposit (EMD) of ₹1,47,725. This is a direct opportunity to bid on a plot previously mortgaged by Mr Bijay Kumar Jena.
Borrower Name:Mr Bijay Kumar Jena
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Sindhu Sahoo, Mr. Debabrata Kandi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a plot of land in a developing locality, offered at a reasonable reserve price. While not a prime investment, it presents a calculated opportunity for buyers familiar with the area's growth potential. The clear auction terms and symbolic possession mitigate some risks, making it a cautiously recommended investment.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:drt.auctiontiger.net
Contact Details:
Contact no:9040245102
