Plot for auction Ersama Jagatsinghpur 20 lakh UCO Bank

A prime residential plot located in the developing area of Ersama, Jagatsinghpur, Odisha. This plot offers a great opportunity for residential development or investment in a growing region. Its location provides convenient access to local amenities and transportation networks. The property is being auctioned by UCO Bank under the SARFAESI Act, presenting a clear title and a straightforward transaction process. Ideal for builders or individuals looking to acquire land in a sought-after location.

UCO Bank is conducting an e-auction for a residential plot in Ersama, Jagatsinghpur, Odisha. The auction is held under the SARFAESI Act. The reserve price for this attractive property is INR 19,67,750, with an Earnest Money Deposit (EMD) of INR 1,96,775 required to participate. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. This is a significant opportunity to purchase a valuable plot of land directly from the bank.

The plot in Ersama presents a calculated opportunity due to its location and reserve price. While not a prime investment, the property's size and auction terms could attract investors seeking land in the Jagatsinghpur area. Further due diligence is recommended to ascertain local market conditions.