Shop for auction 10 Karkala Kasba Villa, Karkala, Udupi by Canara

Property for Auction in Karkala, Udupi, Karnataka

Property Type IconProperty Type:
Commercial Property
Location IconLocation:
Karkala, Udupi
Auction Date IconAuction Date:
20-02-2025 11:00 AM

Auction Details

Auction ID:439688

Bank Name:Canara Bank

Branch Name:ARM Branch

Reserve Price:76,59,000

EMD:7,65,900

Service Provider:BAANKNET

Important Dates

Submission Date:19-02-2025 05:00 PM

Bid Start Date:20-02-2025 11:00 AM

Property Description

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

Auction Description

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 Details

Contact Chief Manager, ARM Branch, Manipal, mail id: cb7280@canarabank.com, Ph: 9449862135.

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