Property for Auction in Karkala, Udupi, Karnataka
Auction ID:439688
Bank Name:Canara Bank
Branch Name:ARM Branch
Reserve Price:₹76,59,000
EMD:₹7,65,900
Service Provider:BAANKNET
Submission Date:19-02-2025 05:00 PM
Bid Start Date:20-02-2025 11:00 AM
The property is a commercial property located in Karkala Industrial Estate, Karkala Kasba Village, Karkala Taluk, Udupi District, Karnataka. It comprises leasehold rights to Plot No. R-10, measuring 10.12 cents (409.00 Sq. Mtr), along with a factory building. The boundaries are: East: 4th Cross Road, West: Plot No. R-1, North: Plot No. R-8, South: 1st Main Road. The property also includes plant and machinery for a cashew processing unit and various stocks. The property is standing in the name of Smt. Vaishnavi Pai @ Srilaxmi Pai, the lessee, and is associated with the borrower M/s Ankitha Foods.
State:Karnataka
City:Udupi
Area:Karkala
Asset Category:Commercial
This is a SARFAESI Auction conducted by Canara Bank for a commercial property located in Karkala, Udupi, Karnataka. The auction includes leasehold rights to Plot No. R-10 with a factory building, plant and machinery of a cashew processing unit (M/s Ankitha Foods), and stock of various items like rice, cashew husk and kernels, dry coconut pieces, ground nuts, etc. The property is situated in Karkala Industrial Estate. The reserve price is 7,659,000.00 and the EMD is 765,900.00. The auction will take place on 20-02-2025 from 11:00 AM to 12:00 PM.
Borrower Name:M/s Ankitha Foods
Auction Type:SARFAESI Auction
Contact Chief Manager, ARM Branch, Manipal, mail id: cb7280@canarabank.com, Ph: 9449862135.