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Immovable/Vacant site/Visakhapatnam

Event Details
Event Type :
SARFAESI
Event No. :
234263
NIT Ref. No. :
IKF Finance Limited Vs M/s. R and R Steels
Tender / Event Title :
IKF Finance Limited Vs M/s. R and R Steels
Event Bank/Organisation Name :
IKF Finance Limited
Event Branch :
IKF Finance Limited, Hyderabad - BO
Property Details
Property Category :
Immovable
Property Sub Category :
Vacant site
Property Description :
All that vacant site measuring of total extent 933 Sq Yards or 780.109 Sq Meters bearing Plot No. 155, 156 & 157 in the named Layout as Balaji Nagar, Layout, covered by survey No.311/1P, 310/14P, 310/15P of Kanithi Village, Gajuwaka Mandal, within the limits of Grater Visakhapatnam Municipal Corporation araea, and Sud Registration Sub District of Gajuwaka and Registration District of Visakhapatnam. Boundaries and Measurements for the total property as follows ( Nearest D. No. 25-1 125/18) Total Boundaries of three Plots East : Iglow Frozen Foods Company. South: Plot No. 158 West: Plot Nos 172, 173 & 174 North: 30 Feet Layout Road Measurements East Wing : 139.95 Ft or 42.65 Mtrs South Wing: 60 Ft or 18.288 Sq Mtrs West Wing : 139.95 Ft or 42.65 Sq Mtrs North Wing : 60 Ft or 18.288 Mtrs.
Borrower's Name :
M/s. R and R Steels
Auction Details
Reserve Price :
25,00,000.00
Tender Fee :
0.00
Price Bid :
applicable
Bid Increment value :
25,000.00
Auto Extension time :
5 (In Minutes)
No. of Auto Extension :
Unlimited Extension
DSC Required :
No
EMD Details
EMD Amount :
2,50,000.00
EMD Deposit Bank Name :
Federal Bank Ltd
EMD Deposit Bank Account Number :
11520200015059
EMD Deposit Bank IFSC Code :
FDRL0001152
Important Dates
Press Release Date :
13 Jul 2026 00:00
Date of Inspection of Property (From) :
19 Jul 2026 11:00
Date of Inspection of Property (To) :
24 Jul 2026 16:00
Offer (First Round Quote) Submission Last Date :
29 Jul 2026 17:00
Offer (First Round Quote) Opening Date :
29 Jul 2026 17:05
Auction Start Date and Time :
30 Jul 2026 11:00
Auction End Date and Time :
30 Jul 2026 11:30
Auction Related Documents
View NIT Documents :
Documents to be Submitted :
Pan Card,Annexure 3/Declaration Form,Annexure 2/Details of Bidder,Proof Of Address
Tender Documents :
Annexure 2/Details of Bidders :
Annexure 3/Declaration by Bidders :