Plot for auction 1 Plywood Industries Pvt. Ltd. Manjeshwar Kasaragod by BOI

The property is a plot of land located in Manjeshwar, Kasaragod, Kerala. Specifically, it is Plot No. 1, comprising Survey Nos. 116/1, 115/(P1), and 114(Pt), with a total area of 11.13 acres. It is situated in Village Kunjathur, within the Manjeshwar Taluka and the Registration District of Manjeshwar. The property is currently under the physical possession of M/s. Associate Plywood Industries Pvt. Ltd.

Union Bank of India is auctioning a plot of land in Manjeshwar, Kasaragod, Kerala. The property is identified as Plot No. 1, Survey Nos. 116/1, 115/(P1), 114(Pt), admeasuring 11.13 acres, situated in Village Kunjathur. The plot is currently under the physical possession of M/s. Associate Plywood Industries Pvt. Ltd. This is a SARFAESI Auction with a reserve price of 9,32,00,000.00 and an Earnest Money Deposit (EMD) of 93,20,000.00. The auction will be conducted by Union Bank of India through the service provider BAANKNET. The auction starts on March 1, 2025, at 12:00 PM and ends on March 1, 2025, at 5:00 PM. The application submission deadline is February 28, 2025, at 5:00 PM. The authorized officer for contact is Mr. Dhurandhar Ram at 7800003631. The borrower is M/s. Farouk Sodagar Darvesh. The asset category is Residential, and the property type is Plot.