Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:612911
Bank Name:Bank of India
Branch Name:Zonal Office: Bhubaneswar Zone
Reserve Price:₹30,60,000
EMD:₹3,06,000
Bid Increment:₹50,000
Auction Time:11.00 A.M. to 5.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-09
Bid Start Date:2025-12-09
Property Description
This is a bank auction for a parcel of land located in Khurda, Khurda, Odisha, offered by the Bank of India. The property is categorized as residential and is part of a SARFAESI auction. The land is situated in the Khurda area, a key region within the state of Odisha. This auction presents an opportunity to acquire land in a developing area.
State:Odisha
City:Khurda
Area:Khurda
Asset Category:Residential
Full Address:846/1395, Plot No. 846/1395, Khata No.: 315/39, Mouza: Jankia, P.S.: Khurda, Dist.: Khurda, Odisha, Jankia, Khurda
Size:0.200 Ac
Auction Description
The Bank of India is conducting an online SARFAESI auction for land in Khurda, Khurda, Odisha. The auction will take place on December 9, 2025, starting at 11:00 AM and closing at 05:00 PM on the same day. The reserve price for this land parcel is INR 3,060,000, with an Earnest Money Deposit (EMD) of INR 306,000 required to participate. This auction is being held to recover dues from the borrower, M/s. Nirman Udyog.
Borrower Name:M/s. Nirman Udyog
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Basanta Kumar Udayasingh
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property, a vacant land in Khurda, presents a calculated opportunity. While the location is not prime, the reserve price and potential for development could attract investors. Thorough due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Zonal Office: Bhubaneswar Zone
Service Provider:BAANKNET
Contact Details:
Authorised Officer
Contact no: —
