Listing ID : 506239
Institution : Indian Overseas Bank
Institution Branch : Asset Recovery Management Branch, Hyderabad
Contact Details : Contact the Authorised Officer No : 040-23468807/836, Mobile No.9985052234, Email Id : iob2582@iob.in In Working 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.
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.
Inspection Details : For inspection details please Contact the Authorised Officer No : 040-23468807/836, Mobile No.9985052234, Email Id : iob2582@iob.in In Working Hours Only.
Reserve Price : ₹ 9,23,24,000.00
EMD : ₹ 92,32,400.00
Minimum Increment : ₹ 1,00,000.00
Date and Time of Auction : 11-12-2019 11:00 AM
End Time of Auction : 11-12-2019 12:00 PM
Application Submission Deadline : 10-12-2019 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 - 506239

Bid can be submitted at iob.foreclosureindia.com