Property Details

Bank Details
  • Reserve Price :  ₹15,57,00,000.00
  • EMD :  ₹1,55,70,000.00
  • Branch Name :  ASSET RECOVERY MANAGEMENT BRANCH
  • Service Provider :  BAANKNET
Contact Details :

Contact no:9632588100, 9746123150

Description

All that hypothecated assets (Plant and Machinery and all other fixed assets) created out of Bank finance and maintained in the unit and all that part and piece of the property (Industrial Land & Building) bearing No-32/B. Sy No- 17/2, 17/3 & 17/4 situated at Avverahalli Industrial Area, Dabasapete 4th Phase, K G Srinivasapura Village, Sompura Hobli, Nelamangala Taluk, Bangalore- 562111, admeasuring 65338 Sq Ft. Owned by M/S Elite Corrugaters represented by its Prop- Sri M N Gowrishankar. Bounded on: East By: KIADB Buffer, West By: Plot No-32/A, North By: KIADB 15 Mtr wide Buffer & South By: KIADB 30Mtr wide Road No-4. (LEASE HOLD RIGHT, MORTGAGE HAS BEEN CREATED ON THE BASIS OF LEASE CUM SALE AGREEMENT WITH KIADB WITH 10 YEARS OF LEASE PERIOD, SALE DEED IS YET TO BE EXECUTED.) The bidders can bid for Land & Building and Machinery together or Plant and machinery exclusively. Land & Building will not besold exclusively.

Property Details
  • Borrower Name :  ELITE CORRUGATERS
  • Asset Category :  Scrap, Plant & Machinery
  • Auction Type :  SARFAESI Auction
  • Property Type :  Plant & Machinery
  • Auction Start Date :  25-09-2025 10:00 AM
  • Auction End Time :  25-09-2025 04:00 PM
  • Application Subbmision Date :  24-09-2025 05:00 PM
Downloads
  • Sale Notice 1: