House SARFAESI Auction Symbolic Possession

2,394 sq feet House for Auction in Budeljore, Rourkela, Sundargarh – BOI

Budeljore, Rourkela, Sundargarh, Odisha · Auction ID #8551

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Reserve Price ₹30,76,200
EMD (Earnest Money)—
Bid Increment—
Auction Date 09 Oct 2026, 11:00 AM In 7 days
EMD Last Date 09 Oct 2026, 04:30 PM In 7 days
Area2,394 sq feet

Property Details

Property type
House (Residential)
Possession
Symbolic Possession
Area
2,394 sq feet (≈ 2,394 sq ft)
Reserve price / sq ft
₹1,285
Locality
Budeljore, Rourkela
State
Odisha
Pincode
770036
Address
BUDELJORE, Rourkela, Odisha, 770036 View on map

Description (as per sale notice)

ALL PART & PARCEL OF THE LAND & BUILDING SITUATED AT KHATA NO.: 88/1387, PLOT NO.: 3/1409, AREA: AC 0.055 DEC., MOUZA: BUDELJORE, KISSAM: GHARBARI, PS/TAHASIL: BISRA, DIST- SUNDARGARH, ODISHA STANDING IN THE NAME OF MOHAMMED IMRAN . Bounded as under: North: 12ft road South: plot no.4 (vacant land) East: plot no. 3(p) (vacant land) West: plot no. 3(p) (vacant land)

BAANKNET Property ID: BKID0000147

Bank & Auction Details

Bank / Lender
Bank of India
Branch
MAIN ROAD-5201
Auction type
SARFAESI Auction
Borrower
MOHAMMED I****
Auction start
09 Oct 2026, 11:00 AM
Auction end
09 Oct 2026, 05:00 PM
EMD submission deadline
09 Oct 2026, 04:30 PM
Inspection
—
Authorised officer
GAGAN RAJ THAPA
Officer contact
9938880736

Price Check

This listing's reserve price works out to ₹1,285 per sq ft. The average across residential bank auctions in Sundargarh on our site is ₹2,573 per sq ft, so this one is 50% 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 the inspection date given in the notice and check the title, society/municipal dues and occupancy.
  3. Register on the e-auction portal (BAANKNET (Property ID BKID0000147)), complete KYC and get a digital signature certificate if required.
  4. Pay the EMD of — before 09 Oct 2026, 04:30 PM. It is refunded if you don't win.
  5. Bid online on 9 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.

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 Bank of India. Always verify every detail with the official notice and the authorised officer before paying any money.

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