House SARFAESI Auction Symbolic Possession

689 sq feet House for Auction in Phulbani, Phulabani, Phulbani – UCO

Phulbani, Phulabani, Phulbani, Odisha · Auction ID #110002

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House for auction in Phulbani, Phulabani, Phulbani – UCO – photo 1
House for auction in Phulbani, Phulabani, Phulbani – UCO – photo 2
House for auction in Phulbani, Phulabani, Phulbani – UCO – photo 3
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Reserve Price ₹18,15,000
EMD (Earnest Money)—
Bid Increment—
Auction Date 17 Nov 2026, 11:00 AM In 5 days
EMD Last Date 16 Nov 2026, 05:00 PM In 4 days
Area689 sq feet
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Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
689 sq feet (≈ 689 sq ft)
Reserve price / sq ft
₹2,634
Locality
Phulbani, Phulabani
State
Odisha
Pincode
762001
Address
PHULBANI, Phulabani, Odisha, 762001 View on map

Description (as per sale notice)

at Plot No.: 598/2309 (Gharabari), Khata No.: 647/131, Mouza: Phulbanisahi, Tahasil: Kandhamal, PO/PS: Phulbani, Dist.: Kandhamal, Total Area: 0.0060 Hectare i.e. 687.75 sqft., standing in the name of Mr. Laxman Nayak, S/o: Mr. Sada Nayak, Pragati Marg, PhulbaniSahi, Contractorpada, Dist.: Kandhamal, Bounded by North: Street Road, South: Plot No.: 623, East: Biranchi Behera, West: Sarata Chandra Muni

BAANKNET Property ID: UCBABHUB233999096
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Bank & Auction Details

Bank / Lender
UCO Bank
Branch
PHULBANI-813
Auction type
SARFAESI Auction
Borrower
LAXMAN N****
Auction start
17 Nov 2026, 11:00 AM
Auction end
17 Nov 2026, 05:00 PM
EMD submission deadline
16 Nov 2026, 05:00 PM
Inspection
03 Nov 2026, 10:00 AM – 15 Nov 2026, 05:00 PM
Authorised officer
MADHUSMITA JENA
Officer contact
9438335084
E-auction portal
BAANKNET (Property ID UCBABHUB233999096)
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Price Check

This listing's reserve price works out to ₹2,634 per sq ft. The average across residential bank auctions in Phulbani on our site is ₹1,391 per sq ft, so this one is 89% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

  1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
  2. Inspect the property on 3 Nov 2026 and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID UCBABHUB233999096)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 16 Nov 2026, 05:00 PM. It is refunded if you don't win.
  5. Bid online on 17 Nov 2026 starting above the reserve price.
  6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.

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Information on this page is taken from the public auction notice and may contain errors or change. AuctionKhoj is not the auctioneer and is not affiliated with UCO Bank. Always verify every detail with the official notice and the authorised officer before paying any money.

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