Property Details

Bank Details
  • Reserve Price :  ₹12,97,00,000.00
  • EMD :  ₹1,29,70,000.00
  • Branch Name :  Stressed Asset Management Branch
  • Service Provider :  BAANKNET
Contact Details :

Contact Person:Mob No.: 9632588100

Description

All that hypothecated assets (Plant & Machinery) and all the 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 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. Details of Plant & Machinery 1). 5 Ply Fully Automatic Corrugated Board Plant Line, (2). 5 Ply Semi-Automatic Stitching Machine, (3). 5 Ply Auto Folder Gluer, (4). 5 Ply Two Colour Printer, (5). 3TPH Wood Fried Boiler, (6). Elgi Screw Air Compressor, (7)Reel pellet trucks, (8). Hand Pellet Trucks-4 Nos, (9). Cold Mixing Machine Cap and other Electrical Installation including Transformer, cables and PDB Panels. (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.)

Property Details
  • Borrower Name :  M/S Elite Corrugaters
  • Asset Category :  Commercial
  • Auction Type :  SARFAESI Auction
  • Property Type :  Commercial Property
  • Auction Start Date :  07-04-2026 11:00 AM
  • Auction End Time :  07-04-2026 05:00 PM
  • Application Subbmision Date :  06-04-2026 05:00 PM
Downloads
  • Sale Notice 1: