All auctions / Odisha / Banapur
FACTORY LAND AND BUILDING for sale in Banapur
Banapur, Khordha, Odisha – 752031
Indian Bank · COURTPETA - 2344
- Reserve price
- ₹2,90,00,000
- EMD
- ₹29,00,000
- Bid increment
- ₹50,000
This is the 3rd auction of this property. The reserve price is 10.8% lower than at the last auction (₹3,25,00,000 on 2 Sep 2026, 11:00 AM). Unsold properties usually come back at a lower reserve.
Key dates
- Inspect the property7 Oct 2026, 10:00 AM – 22 Oct 2026, 4:00 PM
- Pay EMD and submit bid by22 Oct 2026, 11:00 PM (EMD closes in 7 days)
- Auction23 Oct 2026, 11:00 AM – 5:00 PM · in 8 days
Auction history
| Auction date | Reserve price | Change | Result |
|---|---|---|---|
| 23 Oct 2026 | ₹2,90,00,000 | -10.8% | Upcoming |
| 2 Sep 2026 | ₹3,25,00,000 | -10.1% | Closed |
| 31 Jul 2026 | ₹3,61,35,000 | — | Closed |
What you'd pay at the reserve price
- EMD, before the auction
- ₹29,00,000
- Rest of 25% when you win (same or next day)
- ₹43,50,000
- Balance 75%, usually within 15 days
- ₹2,17,50,000
- Stamp duty and registration (about 5–8%, varies by state)
- ₹14.50 L – ₹23.20 L
You may bid above the reserve in steps of ₹50,000. If you lose, the EMD is refunded. Check the notice for exact terms and any dues (society, tax, electricity) the buyer must pay.
Property
- Type
- Other · Others
- Possession
- Symbolic
- Auction type
- Bank sale (SARFAESI)
- Address
- All the Part and parcel of the Factory land and building including all Plant and machinery situated at Khata No-303, Plot No-162, Area- ac 0.025 dec, Khata No-285/5, Plot No-163, Area- Ac 0.265 dec, Khata No-306, Plot No-164, Area- Ac 0.190 dec, Khata No-305, Plot No-165, Area- Ac 0.194 dec, Khata No- 285/101, Plot No-166, Area- Ac 0.134 dec and Khata No- 285/109, Plot No-167/941, Area- Ac 0.094 dec, Total Area- Ac 0.902 dec, Mouza- Dumuraput Sasan, Ps/Tahasil- Banapur, Dist- Khurda, Owner- Mr. Jagannath Jena.
- Borrower
- M/S NARAYANI RICE MILL
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