Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:613931
Bank Name:UCO Bank
Branch Name:Zonal Office
Reserve Price:₹2,08,00,000
EMD:₹20,80,000
Bid Increment:₹10,000
Auction Time:11:00 AM to 5:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This is a residential plot located in Bhubaneswar, Khurda, Odisha. The property is being auctioned by UCO Bank under the SARFAESI Act. It presents a significant investment opportunity in a developing area.
State:Odisha
City:Khurda
Area:Bhubaneswar,
Asset Category:Residential
Full Address:A/2, Revenue Plot No.: 6(P), IDCO Plot No.: A/2, Khata No.: 474/1607, Mouza: Patia, P.S.: Chandrasekharpur, SRO/Tahasil: Bhubaneswar, Dist.: Khurda, Patia, Bhubaneswar
Size:12937.32 Sq.ft.
Auction Description
UCO Bank is conducting a SARFAESI auction for a residential plot in Bhubaneswar, Khurda, Odisha. The auction will commence on November 28, 2025, at 11:00 AM and conclude at 05:00 PM on the same day. The reserve price for this auction is INR 2,08,00,000, with an Earnest Money Deposit (EMD) of INR 20,80,000 required to participate. This is an opportunity to acquire a valuable asset through a transparent bank auction process.
Borrower Name:M/s. Varsha Enterprises
Auction Type:SARFAESI Auction
Guarantor Names:Mr. Suresh Chandra Bag
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The property is a large industrial plot in a developing area of Bhubaneswar, making it a potentially valuable asset. The reserve price appears reasonable, and the terms are standard for a bank auction. Given its size and location, it's recommended as a strong buy for investors looking for land in the Bhubaneswar area.
Contact Details
Branch:Branch Office : Zonal Office
Service Provider:BAANKNET
Contact Details:
Contact no:7978484736
