Plot for auction 9 Karkala Kasba Villa, Karkala, Udupi by Canara

The property is a leasehold right in Plot No.R-9, which includes a factory building, situated in the Karkala Industrial Estate. The plot measures 9.35 cents (378.00 Sq. Mtr) in Karkala Kasaba Village, Karkala Taluk, Udupi District, within the Karkala Town Municipality. Boundaries are: East - 4th Cross Road, West - Plot No.R-21, North - Open Space for Storm water drain and Plot No.R-8, South - Plot No.R-10. The auction also covers associated plant and machinery for an oil seed processing unit and various stock items.

This SARFAESI auction, conducted by Canara Bank, features a plot of land along with a factory building located in the Karkala Industrial Estate, Udupi District, Karnataka. The property, identified as Plot No.R-9, measures 9.35 cents (378.00 Sq. Mtr) and is part of Karkala Kasba Village. The auction also includes Item No.2, which consists of plant and machinery for an oil seed processing unit, and Item No.3, which includes stock such as cashew dust, ground nut animal feed, dry coconut pieces, rejected oil waste, and empty oil tins. The property is bordered by a 4th Cross Road to the East, Plot No.R-21 to the West, open space for a storm water drain and Plot No.R-8 to the North, and Plot No.R-10 to the South. The reserve price for this auction is 7295000.00, with an Earnest Money Deposit (EMD) of 729500.00. The auction will be held on March 14, 2025, from 11:00 AM to 12:00 PM. The ARM Branch Manipal is handling this auction, with BAANKNET as the service provider. The application submission deadline is March 13, 2025, by 5:00 PM. For inquiries, contact 9449862135.