Land for auction B PACKING MACHINE. Mahal, Vijayapura by Karnataka State Financial

Property for Auction in Mahal Bagayat, Vijayapura, Karnataka

Property Type IconProperty Type:
Land And Building
Location IconLocation:
Mahal Bagayat, Vijayapura
Auction Date IconAuction Date:
04-03-2025 11:00 AM

Auction Details

Auction ID:451380

Bank Name:Karnataka State Financial Corporation

Branch Name:Branch Office : Vijayapur

Reserve Price:2,01,06,000

EMD:20,10,600

Service Provider:Public Auction

Important Dates

Submission Date:03-03-2025 04:00 PM

Bid Start Date:04-03-2025 11:00 AM

Property Description

The property is a Land and Building located at Sy. No. 1051/A3, Plot No.73/B, KIADB Industrial Area, Mahalabagayat, Vijayapura. It comprises a total land area of 2144 SQM (23069 sft) with several structures: Existing Factory buildings (60'x36' GI Sheets Roof, 40'x35' GI Sheets Roof, 41'x36' RCC, 41'x64' GI Sheets Roof), an Existing Labour shed (10'x25' RCC), New Factory buildings (10'x41' GI Sheets Roof), and a Boiler Shed (21'x22' GI Sheets). The property is bordered by KIADB ROAD to the East and West, and Plot No. 73/A to the North, and Plots No. 73/C & 73/D to the South. It is equipped with machinery including a 300 KG/HR fully automatic potato/banana process line, nitrogen generation plant, packing machine, thermic fluid boiler, effluent treatment plant, and computer accessories.

State:Karnataka

City:Vijayapura

Area:Mahal Bagayat

Asset Category:Residential

Auction Description

This auction features a Land and Building property located in Mahal Bagayat, Vijayapura, Karnataka. The property, belonging to M/s. Balaji Fruit & Vegetable Processing Industries, is situated in the KIADB Industrial Area, Sy. No. 1051/A3, Plot No.73/B. The total plot area is 2144 SQM (approximately 23069 sqft) and includes various existing and new factory buildings, a labour shed, and a boiler shed. Specific building dimensions and descriptions are provided, including GI Sheets Roofs and RCC structures. The property's boundaries are defined by KIADB ROAD to the East and West, and Plot No. 73/A to the North, and Plots No. 73/C & 73/D to the South. The auction also includes essential industrial machinery such as a fully automatic potato/banana processing line, a nitrogen generation plant, a packing machine, a thermic fluid boiler with accessories, an effluent treatment plant, and computer accessories. The auction is conducted by Karnataka State Financial Corporation with a reserve price of ₹2,01,06,000.00 and an EMD of ₹20,10,600.00. The auction is scheduled for March 4, 2025, from 11:00 AM to 12:00 PM.

Borrower Name:M/s. Balaji Fruit

Auction Type:SARFAESI Auction

Contact Details

Ph. No.: 08352 277302

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