Listing ID : 545480
Institution : Indian Overseas Bank
Institution Branch : Asset Recovery Management Branch
Contact Details : Contact Authorized Officer : 040-23468807/836, In During Office Hours Only.
Auction Details : E- Auction
Borrower Name : M/s Progressive Constructions Limited
Property Type : Land And Building
Lot details : All that piece and parcel of land together with the dilapidated house, out-house and other buildings erected thereon, situated at Khairtabad, Hyderabad, bearing Municipal No F3/ 6-1-125 (New)/560-2661(old) standing on a plot land measuring 2,050 Sq yards (equivalent to 1,713.80 Sq meters) or Thereabouts, standing in the name of M/s Progressive Engineering Company, represented by its Managing Director K. Sambasiva Rao, S/o K. Raghavaiah, Regd vide sale deed 263/82, dated 23.07.1981
Schedule of Property : All that piece and parcel of land together with the dilapidated house, out-house and other buildings erected thereon, situated at Khairtabad, Hyderabad, bearing Municipal No F3/ 6-1-125 (New)/560-2661(old) standing on a plot land measuring 2,050 Sq yards (equivalent to 1,713.80 Sq meters) or Thereabouts, standing in the name of M/s Progressive Engineering Company, represented by its Managing Director K. Sambasiva Rao, S/o K. Raghavaiah, Regd
vide sale deed 263/82, dated 23.07.1981 and bounded by
North: By Government Road South: By proposed Road
East: By Land belongings to neighbours West: By plot Nos 13 & 14
Note: Due to road widening there is a difference in extent of area between document and actually available extent.
The available extent excluding road widening is 1538 Sq yards.
Inspection Details : For Inspection Details Please Contact The Authorised Officer : 040-23468807/836, In During Office Hours Only.
Reserve Price : ₹ 8,50,00,000.00
EMD : ₹ 85,00,000.00
Minimum Increment : ₹ 1,00,000.00
Date and Time of Auction : 30-03-2020 11:00 AM
End Time of Auction : 30-03-2020 01:00 PM
Application Submission Deadline : 27-03-2020 05:00 PM
Time Extension : If a Bid is placed in the last 5 minutes of the auction the auction end time will be extended by 5 minutes.
English Sale Notice : Download English Sale Notice of Auction Listing ID - 545480

Bid can be Submitted at iob.foreclosureindia.com