Commercial Property at Kapujaggaruju peta at Phase III, VSEZ, Visakhapatnam

Listing ID:1404947
Listing Type:Sarfaesi Auction
Institution:Andhra Pradesh Mahesh Co operative Urban Bank Ltd
Institution Branch: Dabagardens Branch
Contact Details:Contact The Authorized Officer: Phone No: 9440087412,9949039737, 9394075538, 9848038393, 0891-2591173, 0891-2752323
Auction Details:E-Auction
Borrower Name: M/s. Biomax Fuels Limited
Property Type:Commercial Property
Property Details: Plot admeasurements of 66,404 Sq.Mts
Schedule of Property:PRIMARY 1. Hypothecation & Charge on fixed assets of the Company, existing, proposed and all future acquisitions.
2. Hypothecation & charge on all current assets of the company,

COLLATERAL
All that lease hold rights on the property of piece of land known as plot Nos. S, T, W, W1, 01 & 02. of Kapujaggaruju peta at Phase III, VSEZ, Visakhapatnam, by admeasurements of 66,404 Sq.Mts thereabouts and bounded as follows i.e. to say Survey Nos. 141 & 145:
Note: 1) Lease agreement due for renewal.

2 Statutery dues of VSEZ authority at Visakhapatnam.
S.No. 1 On or towards the North Say for the plot S&T VSEZ water tank Compound wall. On or towards the South say HBL Power Systems. On or towards the East say VSEZ compound wall. On or towards the West say Main Road of VSEZ

S.No. 2 On or towards the North Say for the plat W,W1,01&02- Compound Wall On or towards the South say Kusalava international. On er towards the East say Main Road of VSEZ On or towards the West say Service Road
City/State:Visakhapatnam
Inspection Details:For Inspection Contact The Authorized Officer: Phone No: 9440087412,9949039737, 9394075538
Possession Status:---
Reserve Price:503296500
EMD:50330000
Minimum Increment:1000000
DSC Required:No
Accept Reserve Price value as First Bid:No
Start Date and Time of Auction:05-03-2024 11:30 am
End Date and Time of Auction:05-03-2024 1:30 pm
Time Extensions:If bid is placed in the last 5 minutes of auction, The auction end time will increase by 5 minutes.
Application Submission Deadline:04-03-2024 2:00 pm
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Download English Sale Notice: Download English Sale Notice
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Submit Application:Application deadline has passed
Go To E-Auction:View E-Auction

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