Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:613914
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹12,00,000
EMD:₹1,20,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. 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
This is a residential plot located in Cuttack, Odisha. The property is part of a SARFAESI auction conducted by UCO Bank. The borrower is Mr. Dipak Kumar Kar. This auction presents a unique opportunity to acquire land in a well-established area of Cuttack.
State:Odisha
City:Cuttack
Area:Cuttack
Asset Category:Residential
Full Address:1607, Plot No.: 1607, Khata No.: 142, Mouza: Kutilo, PO: Baghuni, P.S.: Nemalo, Dist.: Cuttack, Kutilo, Cuttack
Size:0.250 Dec
Auction Description
UCO Bank is holding a SARFAESI auction for a residential plot in Cuttack, Odisha. The auction has a reserve price of ₹12,00,000 and an EMD of ₹1,20,000. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 5:00 PM on the same day. Interested bidders should ensure they meet all auction requirements.
Borrower Name:Mr. Dipak Kumar Kar
Auction Type:SARFAESI Auction
Guarantor Names:Niranjan Kar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property presents a calculated opportunity due to its location in Cuttack and relatively low reserve price. However, the plot's value and appreciation potential need careful assessment. The auction terms are standard, and further due diligence on local market conditions is advisable before bidding.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Authorized Officer
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