0.57 acres Residential Plot for Auction in Jagannathpur,bhawanipatna, Bhawanipatna – SBI

Property Details

Property type

Residential Plot (Residential)

Possession

Symbolic Possession

Area

0.57 acres (≈ 24,829 sq ft)

Reserve price / sq ft

₹60

Locality

Jagannathpur,bhawanipatna

City

Bhawanipatna

State

Odisha

Pincode

766002

Address

jagannathpur,Bhawanipatna, Odisha, 766002 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SARB SAMBALPUR-18398

Auction type

SARFAESI Auction

Borrower

Artatrana M*****

Auction start

26 Oct 2026, 11:00 AM

Auction end

26 Oct 2026, 04:00 PM

EMD submission deadline

26 Oct 2026, 03:45 PM

Inspection

23 Oct 2026, 11:00 AM – 23 Oct 2026, 04:00 PM

Authorised officer

ARJUN KUMAR MIRDHA

Officer contact

7999867792

E-auction portal

BAANKNET (Property ID SBIN78292726324)

Price Check

This listing's reserve price works out to ₹60 per sq ft. The average across residential bank auctions in Bhawanipatna on our site is ₹1,017 per sq ft, so this one is 94% 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 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN78292726324)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 26 Oct 2026, 03:45 PM. It is refunded if you don't win.
5. Bid online on 26 Oct 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.