Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:614161
Bank Name:Canara Bank
Branch Name:ASSET RECOVERY MANAGEMENT(ARM) II BRANCH,
Reserve Price:₹1,99,00,000
EMD:₹19,90,000
Bid Increment:₹1,00,000
Auction Time:12:30 PM to 01:30 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-27
Bid Start Date:2025-11-28
Property Description
This auction features a significant industrial property located in Kotdwar, Pauri Garhwal, Uttarakhand. The property comprises factory land and a building, offering a substantial asset for industrial ventures. Situated in a key area of Uttarakhand, this is a prime opportunity for investors and businesses looking to establish or expand their operations in the region. The asset was previously owned by M/s KMC PLASTOCHEM and is being auctioned by Canara Bank under SARFAESI regulations.
State:Uttarakhand
City:Pauri Garhwal
Area:Kotdwer
Asset Category:Industrials
Full Address:A-28, Plot No A-28, IIE. Sigaddi, Kotdwar, Sigaddi, Kotdwer
Size:4089.34 square meters
Auction Description
Canara Bank is conducting a SARFAESI auction for a factory land and building in Kotdwar, Pauri Garhwal, Uttarakhand. The auction has a reserve price of INR 1,99,00,000 and requires an EMD of INR 19,90,000. This is a timed online auction, commencing on November 28, 2025, at 12:30 PM and concluding at 01:30 PM on the same day. Interested bidders are advised to review all auction terms and conditions on the bank's portal.
Borrower Name:M/s KMC PLASTOCHEM
Auction Type:SARFAESI Auction
Guarantor Names:Prop. Naveen Kumar Gupta, Arhan Kumar Gupta, A.K. Vihar Estate Siddcul Nagar P.O.
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial land and building in Kotdwer, offered at ₹19900000.0. While the location is industrial, the property could provide good returns with proper management and development. The auction terms are standard.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT(ARM) II BRANCH,
Service Provider:BAANKNET
Contact Details:
Dikshant Sarkar
Contact no:9667732023
