PROPERTY DETAILS

Auction Id: #240032
Bank Details
Reserve Price: ₹ 3,85,86,000
Bank Name
EMD
: ₹ 38,58,600
Branch Name
: Regional Office
Service Provider
:  mstcecommerce.com
Contact Details: Contact No : 0755-2558983
Description

Schedule-1: Property Belonging to M/s. Pal Industries, Represented by its Proprietor- Mr. Brij Pal Singh Plot No. 27-C, admeasuring area 2400 Sq. fts., situated at Industrial Area, Sector-H, Govindpura, Municipal Ward No.65, Tehsil-Huzur, Bhopal (M.P.) Boundaries: East-Road, West - Open Area, North - Nala, South - Plot No. 27-8 The above said lands as set out in the Registered Lease Deed dated 30.04.1993 before Sub Registrar Office, Bhopal-3 in Vol. No. A-1/8738 in Doc. No. 378 with all other Appurtenances. Schedule-2: Property Belonging to M/s. Pal Industries, Represented by its Proprietor- Mr. Brij Pal Singh Back Side of Plot No. 27-C, admeasuring area 2400 Sq. fts., situated at Industrial Area, Sector- H, Govindpura, Municipal Ward No.65, Tehsil- Huzur, Bhopal (M.P.) Boundaries: East - Plo: No. 27-A, West-Plot No. 27-D, North-Plot No. 27-C, South-Open land The above said lands as set out in the Registered Lease Deed dated 29.06.1995 before Sub Registrar Office, Bhopal-3 in Vol. No. A-1/10608 in Doc.No. 921/Ga with all other , Appurtenances. Schedule-3: Property Belonging to M/s. Pal Industries, Represented by its Proprietor- Mr. Brij Pal Singh Property No.1: Plot No. 27-C (Plot No. 167-B area 4000 Sq. fts., Plot No. 167-C area 7000 Sq. fts., Plot No. 27-F area 5850 Sq. fts., Plot No. 27-G area 9100 Sq. fts.), total area 25950 Sq. fts., situated at Industrial Area, Sector- H, Govindpura, Municipal Ward No.65, Tehsil- Huzur, Bhopal (M.P.) The above said lands as set out in the Registered Lease Deed dated 31.03.2005 before Sub Registrar Office, Bhopal-3 in Vol. No. A-1/22082 in Doc. No. 4513 with all other Appurtenances. Property No.2: Adjoining Land of Plot No. 167-B, Plot No. 167-C and Plot No. 27-F, Plot No. 27-G, admeasuring total area 15601 Sq. fts., situated at Industrial Area, Sector- H, Govindpura, Municipal Ward No.65, Tehsil Huzur, Bhopal (M.P.) Surrounded by: On the North: 1- Plot No. 167-B, 167-C: Open Land, 2, Plot No. 27-F, 27-G: Road, On the South-1- Plot No. 167-B, 167-C: Road, 2- Plot No. 27-F, 27-G: Plot No. 169, 170 & 171-A, On the East-1-Plot No. 167-B, 167-C: Plot No. 167-A, 2- Plot No. 27-F, 27-G: Plot No. 27-E, On the West- 1- Plot No. 167-B, 167-C: Nala, 2- Plot No. 27-F, 27-G: Nala The above said lands as set out in the Registered Lease Deed dated 16.06.2014 before Sub Registrar Office, Bhopal-3 in Vol. No. A-1/1602 in Doc. No. G-1/568 with all other Appurtenances Property No.3: Adjoining Land of Plot No. 27-G and Plot No. 27-F admeasuring total area 2196 Sq. fts., situated at Industrial Area, Sector- H, Govindpura, Municipal Ward No.65, Tehsil- Huzur, Bhopal (M.P.) Boundaries: East - Plot No. 171-A (M/s. Guru Govind Engineering) West - Nala, North - Plot No. 27-G & 27-F (M/s. Pal Industries),- South - Plot No. 169-169-A (M/s Baba Engineering Co.) The above said lands as set out in the Registered Lease Deed dated 31.03.2015 before Sub Registrar Office, Bhopal-3 in Vol. No. A-1/2230 in Doc. No. 1/4604 with all other Appurtenances. The aforesaid mortgaged properties are extended as collateral securities by way of mortgage to the credit facilities availed by M/s. Viak Sales (Proprietor- Mr. Vikas Singh, S/o. Brij Pal Singh) also. "Outstanding dues of Local Self Government (Property Tax, Water sewerage, Electricity Bills etc): 1.MPMKVV Co. Ltd. has claimed a sum of Rs. 19,97,920/- towards dues for power consumption from borrowers. (As per letter dated 20.04.2023) 2. DIC, Bhopal has claimed a sum of Rs. 26,910/- towards land rent dues and Rs. 42,54,000/- with 12% penal interest towards financial aid from the borrower M/s Pal Industries (As per letter dated 02.11.2023) "Bank's dues (Rs.8,46,31,674/- as on 11.12.2023) have priority over the above mentioned electricity dues of MPMKVV Co. Ltd. & dues claimed by DIC, Bhopal, Bank dues will be appropriated as per the provision of law.

Province/State: Madhya Pradesh
City/Town:   Bhopal
Area/Town: Huzur
Property Details
Borrower Name
: M/s Pal Industries
Asset Category
Property Type
: Plot
Auction Type
: Sarfaesi Auction
Auction Start Time
: 20-03-2024 11:00 AM
Auction End Date
: 20-03-2024 01:00 PM
Application Submision Date
: 19-03-2024 05:00 PM
Downloads
Sale Notice 1: 
Nearest Cities Live Properties