Karimnagar - Auction Details
Industrial plot with factory building measuring 4.17 acres (carpet area) located at HNO 6-116/4 & 6-116/5, Sy No 302, 302/A, 120/D, 120/G and 120/E, Venkateshwarapally, Korapally, Jammikunta, Karimnagar, Telangana 505122. Property belongs to M/S Sambashiva Cotton Industries. Being sold under SARFAESI Act with symbolic possession. Reserve price Rs. 3,17,40,000; EMD auction.
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About This Auction
Industrial plot with factory building measuring 4.17 acres (carpet area) located at HNO 6-116/4 & 6-116/5, Sy No 302, 302/A, 120/D, 120/G and 120/E, Venkateshwarapally, Korapally, Jammikunta, Karimnagar, Telangana 505122. Property belongs to M/S Sambashiva Cotton Industries. Being sold under SARFAESI Act with symbolic possession. Reserve price Rs. 3,17,40,000; EMD Rs. 31,74,000; bid increment Rs. 35,000.
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About Karimnagar
Karimnagar, also informally known as Elagandula, is a city and District Headquarters in the Indian state of Telangana. Karimnagar is a major urban agglomeration in the state. It is third largest City in the state and Municipal Corporation and is the headquarters of the Karimnagar district. It is situated on the banks of Manair River, which is a tributary of the Godavari River. It is the third largest and fastest growing urban settlement in the... state, according to the 2011 census. It has registered a population growth rate of 45.46% and 38.87% respectively over the past two decades between 1991 and 2011, which is the highest growth rate among major cities of Telangana. It serves as a major educational and health hub for the northern districts of Telangana. It is a major business center and widely known for its agricultural and granite industries, earning the nickname "City of Granites." Read More
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