Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:609548
Bank Name:Liquidation E-Auction
Branch Name:Chennai
Reserve Price:₹69,19,000
EMD:₹6,91,900
Auction Time:12:00 PM to 2:00 PM
Service Provider:BAANKNET
Important Dates
Submission Date:2025-11-21
Bid Start Date:2025-11-24
Property Description
This auction features a liquidation sale of Plant & Machinery located in Patrapur, Ganjam, Odisha. The assets are categorized as Scrap, Plant & Machinery, belonging to M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation). This is a unique opportunity to acquire industrial equipment through an online liquidation auction.
State:Odisha
City:Ganjam
Area:Patrapur
Asset Category:Scrap, Plant & Machinery
Full Address:A. Quarry lease for colour granite quarries are spread over the extent of 4.929 hects., leased from the Mining Officer, Berhampur, Odisha State in villages babanpur (No. 186) and Pitambipur (No. 230) of Santoshpur Post, Patrapur Thasil, Ganjam District, of Odisha State (Pin: 760104) B. Babanpurvillage, patapur Tahasil, District Ganjam, Odisha-Khatta No. 159/7 and various khatta Nos. (Ac. 6.886 Dec.)-Odisha state C. Land& Factory Building, Plot Nos. 149, 161, 293, 295, 296, 301, 154/961,155/962, 245/1883, 295/1811, 295/1812,301/1840 Comprised in survey numbers: 119, 130, 155, 169, 181, 352 Land & Various khatta No in Majhigam Village& Mouza, Tahasil konisi. District Ganjam, Berhampor, Odisha (Ac. 2.130 Dec), Patrapur, Ganjam
Auction Description
Liquidation E-Auction by Liquidation E-Auction for M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation). The auction will be held online for Scrap, Plant & Machinery in Patrapur, Ganjam, Odisha. The Reserve Price is ₹6,919,000.00 and the Earnest Money Deposit (EMD) is ₹691,900.00. The auction starts on 24-11-2025 at 12:00 PM and ends on 24-11-2025 at 02:00 PM.
Borrower Name:M/s FREEWORLD EXPORTS PRIVATE LIMITED (in Liquidation)
Auction Type:Liquidation Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The property is an industrial asset located in a rural area. The reserve price is relatively low, but the asset's specific value depends on the functionality and demand for plant and machinery in that location. Further due diligence is recommended before bidding.
Contact Details
Branch:Branch Office : Chennai
Service Provider:BAANKNET
Contact Details:
Sudhanshu Pandey
Contact no:9821916190
