Land for auction 93 Padavu Villa, padavu, Mangalore by Kotak Mahindra Bank

The property is a Non-Agricultural Immovable Industrial Property held on mulageni right in Padavu Village, Mangalore. It comprises land and buildings (Door no. 12-93/1, 12/92/1, 12-93/2, 12/92, 12-93/4, 12-93/5, 12-93/2, 12/93/6, 12/9) located near Mahakali Temple bus stop, Shaktinagar Kulshekar. The boundaries are defined as East: Remaining portion of SNo. 102/2A; West: Rama Shakti Mission Road; North: Remaining portion of S.no. 192/3 and 102/2A; South: Remaining portion of S.no. 192/3, 21/6 and 102/21. The property includes all buildings and structures attached to the earth, as well as all easementary/mamool rights.

This is a SARFAESI auction for a Non-Agricultural Immovable property, specifically an Industrial Property held on mulageni right, located in Padavu Village, Mangalore, Dakshina Kannada District, Karnataka. The property, owned by M/s. K. Vishwanath Subraya Kamath & Sons, includes land and buildings with door numbers 12-93/1, 12/92/1, 12-93/2, 12/92, 12-93/4, 12-93/5, 12-93/2, 12/93/6, 12/9. It is situated near the Mahakali Temple bus stop, Shaktinagar Kulshekar. The auction is conducted by Kotak Mahindra Bank, with a reserve price of 10,01,00,000.00 and an EMD of 1,00,10,000.00. The auction will take place on April 1, 2025, from 1:00 PM to 2:00 PM.