Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:613925
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹18,86,000
EMD:₹1,88,600
Bid Increment:₹10,000
Auction Time:11:00 AM. to 5.00 P.M. (With Unlimited Extension of 10 minutes each)
Service Provider:BAANKNET
Important Dates
Submission Date:27-11-2025 05:00 PM
Bid Start Date:2025-11-28
Property Description
UCO Bank presents a compelling opportunity to acquire a prime residential plot in Tangi, Cuttack, Odisha. This asset, previously mortgaged by Mr. Mahendra Prusty, is being auctioned under the SARFAESI Act. The property offers a significant advantage for developers or individuals looking to build their dream home in a developing area. Its location in Cuttack ensures access to essential amenities and a growing community. Don't miss this chance to invest in a valuable piece of real estate.
State:Odisha
City:Cuttack
Area:Tangi
Asset Category:Residential
Full Address:Plot No.: 2118, 2117 and 2126/3136, Khata No.: 859/235, Mouza: Kapaleswar, P.S.: Choudwar No.: 54, Tahasil: Tangi Choudwar No.: 59, Dist.: Cuttack, Kapaleswar, Cuttack
Size:1524.6 Sqft
Auction Description
UCO Bank is conducting an online SARFAESI auction for a residential plot located in Tangi, Cuttack, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. The reserve price for this plot is INR 18,86,000, with an Earnest Money Deposit (EMD) of INR 1,88,600 required to participate. This is a unique chance to own a plot in a desirable location. Interested bidders are advised to review all auction terms and conditions on the UCO Bank portal.
Borrower Name:Mr. Mahendra Prusty
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Abhiram Prusty, Mrs. Sakuntala Dei
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The plot in Tangi, Cuttack offers a reasonable investment opportunity given its location and size. The reserve price appears fair, but potential investors should conduct thorough due diligence. Auction terms are standard, warranting a 'Calculated Opportunity' rating.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Raghu Nath Singh
Contact no:9337302611
