Property for Auction in Hatlimorth, Kathua, Jammu and Kashmir
Auction ID:539175
Bank Name:Canara Bank
Branch Name:RECOVERY & LEGAL SECTION
Reserve Price:₹2,27,00,000
EMD:₹22,70,000
Service Provider:BAANKNET
Submission Date:30-07-2025 05:00 PM
Bid Start Date:31-07-2025 11:30 AM
Discover a significant industrial investment in the burgeoning Govindsar Industrial Area of Hatlimorth, Kathua, Jammu and Kashmir. This offering comprises a factory land and building, spanning an impressive 8.66 Kanal, equivalent to 4350 square yards. Located strategically near the IID Centre, this property is positioned within a developing industrial hub, offering excellent potential for manufacturing, warehousing, or other commercial ventures. The advantageous location in Kathua, a key district in Jammu and Kashmir, provides access to regional markets and infrastructure. This asset is ideal for entrepreneurs and businesses seeking to establish or expand their operational footprint in a growing economic zone. The property's substantial size and industrial zoning make it a versatile candidate for various development and operational strategies, promising a strong return on investment for the discerning buyer.
State:Jammu and Kashmir
City:Kathua
Area:Hatlimorth
Asset Category:Industrials
This auction presents a prime opportunity to acquire a substantial industrial asset through the SARFAESI Act. The property, a factory land and building, is situated in the Govindsar Industrial Area, Hatlimorth, Kathua, within the state of Jammu and Kashmir. The auction is being conducted by Canara Bank, with a reserve price set at INR 2,27,00,000 and an Earnest Money Deposit (EMD) of INR 22,70,000. Prospective buyers are advised that the application submission deadline is July 30, 2025, with the auction scheduled for July 31, 2025, between 11:30 AM and 12:30 PM. For any queries or further information, interested parties can contact the Recovery & Legal Section of Canara Bank, specifically Sh. Manoj S.R., Assistant General Manager, at the provided phone numbers. This is a direct opportunity to invest in a valuable industrial property.
Borrower Name:M/s Chenab Industries Pvt. Ltd
Auction Type:SARFAESI Auction
Contact Branch, Sh. Manoj S.R., Assistant General Manager, Ph.: 0172-2601664, 8727971300