E-Auction Sale Notice – Cholamandalam Investment and Finance Company Limited
Jun 27, 2026 • Maryam Begum • Auction Notices / Real Estate Notices
Source:
Odishapostepaper
Cholamandalam Investment and Finance Company Limited has issued an E-Auction Sale Notice for the sale of immovable properties under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002, read with Rule 9(1) of the Security Interest (Enforcement) Rules, 2002.
The secured assets, which are mortgaged to the company, have been taken under symbolic possession by the Authorised Officer. The properties will be sold on an “As is where is”, “As is what is”, and “Whatever there is” basis through e-auction mode via the official auction portal.
The auction includes residential and commercial immovable properties located in Jagatsinghpur district, Odisha, including plots and business premises associated with the borrowers/co-borrowers named in the notice such as Aurobindo Das, Surendra Kumar Das, Kanak Lata Das, and others.
The total outstanding dues and reserve prices have been specified in the notice, and earnest money deposit (EMD), inspection dates, and bid submission timelines have been clearly mentioned for interested bidders. The auction process is scheduled to be conducted online through https://bankauctions.in/.
Interested bidders and the general public are advised to carefully review the terms and conditions, verify property details, and participate in the e-auction as per the schedule provided in the official notice. Inspection of properties and submission of bids will be allowed within the specified dates mentioned in the advertisement.
For assistance regarding the e-auction process, training, or registration, contact persons from the company have been provided in the notice for guidance.
This notice is issued as a statutory 30-day sale notice under Rule 9(1) of the Security Interest (Enforcement) Rules, 2002.
Date of Notice: 26 June 2026
Place: Berhampur, Odisha
Authorized Officer
Cholamandalam Investment and Finance Company Limited