Listing ID : 545477
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 7 Seas Entertainment Ltd
Property Type : Plot
Lot details : All the part and parcel of open plot to the extent of 485 sq. Yards situated at Sy. No.404/1, Poranki Bandar Road, Poranki Gram Panchayat, Penamaralu Mandal, Krishna District, Vijaywada Registered at SRO Kankipadu, standing in the name of Mrs. L. Hemalatha w/o Mr. L. Maruti Shankar and Note:As per the sale deed no: 267/1998 dated 04.02.1998total extent is 485 Sq yards 160 sq yards site was surrendered to VGTM VUDA@ free cost for 100 ft road widening. In lieu of this VGTM VUDA has allotted set-back exemption, additional F.A.R with transferable right to the land owner.
Schedule of Property : All the part and parcel of open plot to the extent of 485 sq. Yards situated at Sy. No.404/1, Poranki Bandar Road, Poranki Gram Panchayat, Penamaralu Mandal, Krishna District, Vijaywada Registered at SRO Kankipadu, standing in the name of Mrs. L. Hemalatha w/o Mr. L. Maruti Shankar and
Note:As per the sale deed no: 267/1998 dated 04.02.1998total extent is 485 Sq yards 160 sq yards site was surrendered to VGTM VUDA@ free cost for 100 ft road widening. In lieu of this VGTM VUDA has allotted set-back exemption, additional F.A.R with transferable right to the land owner.
Bounded by:
North:Property belongs to Ravi Radhakrishna Murthy
South: Property belongs to 2nd vendor
East : 45 ft Road
West : Canal
Inspection Details : For Inspection Details Please Contact The Authorised Officer : 040-23468807/836, In During Office Hours Only.
Reserve Price : ₹ 1,64,15,000.00
EMD : ₹ 16,42,000.00
Minimum Increment : ₹ 50,000.00
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 - 545477

Bid can be Submitted at iob.foreclosureindia.com