Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:610863
Bank Name:Bank of Baroda
Branch Name:Regional Office
Reserve Price:₹36,18,000
EMD:₹3,61,800
Bid Increment:₹50,000
Auction Time:02:00 PM to 06:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-12-05
Bid Start Date:2025-12-05
Property Description
This is a bank auction for a vehicle located in Bhubaneswar, Odisha. The property is being auctioned by the Bank of Baroda under the SARFAESI Act. This is an opportunity to acquire a vehicle through a transparent auction process.
State:Odisha
City:Bhubaneswar
Area:Bhubaneswar
Asset Category:Vehicle Auctions
Full Address:At: Balada, PO.: Postal, PS.: Gobindpur, Dist: Cuttack, Pin-754018, Balada, Bhubaneswar
Auction Description
The Bank of Baroda is conducting an SARFAESI auction for a vehicle in Bhubaneswar, Odisha. The auction has a reserve price of ₹36,18,000 and requires an EMD of ₹3,61,800. The auction will take place on December 5, 2025, from 2:00 PM to 6:00 PM. This is a public auction for a vehicle previously mortgaged by Mr. Bikas Routaray.
Borrower Name:Mr Bikas Routaray
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
The TATA Motors Goods Carrier presents a calculated opportunity due to its recent manufacture date and commercial usage. The Bhubaneswar location offers potential for transport-related businesses. The auction terms and vehicle type suggest a specific buyer profile focused on commercial transport solutions.
Contact Details
Branch:Branch Office : Regional Office
Service Provider:BAANKNET
Contact Details:
Mr Rajendra Kumar Behera
Contact no:9437312501
