16.16 acres Residential Plot for Auction in Nayagarh, Nayagarh – Canara

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

16.16 acres (≈ 7,03,929 sq ft)

Reserve price / sq ft

₹30

Locality

Nayagarh

City

Nayagarh

State

Odisha

Pincode

752069

Address

Nayagarh, Odisha, 752069 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Canara Bank

Branch

SPECIALISED MID CORPORATE BRANCH, BHUBANESHWAR VANI VIHAR-18004

Auction type

SARFAESI Auction

Borrower

M/s G**** P**** I***** L*****

Auction start

30 Nov 2026, 10:30 AM

Auction end

30 Nov 2026, 11:30 AM

EMD submission deadline

26 Nov 2026, 05:00 PM

Inspection

23 Nov 2026, 11:31 AM – 25 Nov 2026, 04:00 PM

Authorised officer

UTKAL ANAL

Officer contact

9529844426

E-auction portal

BAANKNET (Property ID CNRB18004PROP003)

Price Check

This listing's reserve price works out to ₹30 per sq ft. The average across residential bank auctions in Nayagarh on our site is ₹769 per sq ft, so this one is 96% below 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 23 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID CNRB18004PROP003)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Nov 2026, 05:00 PM. It is refunded if you don't win.
5. Bid online on 30 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.