OtherUpcoming auctionVerified listing
Other in BELUR INDUSTRIAL AREA
BELUR INDUSTRIAL AREA, Dharwad
Reserve price
₹1.15 Cr
Auction date
10 Mar 2026
11:00 AM
EMD deadline
26 Sept 2025
4:59 PM
Bid increment
₹1,00,000.00
Location details
Property Address
Kustom Machine and Metal Works
Plot No 480A and 481B, RS 340,
Belur Village, Belur Industrial Area,
Dharwad- 580001
Locality: BELUR INDUSTRIAL AREA
City: Dharwad
District: Dharwad
State: Karnataka
Pin Code: 580001
Country: India
Nearest Airport / Railway Station / Bus Stand
hubli
Auction timeline
Auction starts
10 Mar 2026 at 11:00 AM
Auction ends
10 Mar 2026 at 5:00 PM
EMD submission deadline
26 Sept 2025 at 4:59 PM
EMD must be submitted before this time to be eligible to bid.
Property overview
Type
Other
Sub Type
Others
Possession Status
Physical
Type of Action
Under SARFAESI
Asset Type
Immovable
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Property Price
₹1.41 Cr
Property Identifiers
Bank Property ID
BKID898470410000014
CERSAI ID
400081554989
Collateral ID
898470410000014
Property Images
Price history
5 previous auctions₹1,27,17,000.00
9 Jan 2026
Other
Bank of IndiaPossession: Physical₹1,27,17,000.00
9 Dec 2025
Other
Bank of IndiaPossession: Physical₹1,41,30,000.00
26 Sep 2025
Other
Bank of IndiaPossession: PhysicalBorrower & Loan details
Borrower Name
KUSTOM MACHINE AND METAL WORKS
Registered Address of Borrower
Kustom Machine and Metal Works
Plot No 480A and 481B, RS 340,
Belur Village, Belur Industrial Area,
Dharwad- 580001
Owner
PRASANNA TIPPANNA KARATE
Ownership of Property
Borrower
NPA Amount
₹4.33 Cr
NPA Date
24 Oct 2024
Ownership Type
Freehold
Title Deed
Registered Sale Deed
Asset Type
Immovable
Collateral ID
898470410000014
Customer ID
205563057
Demand Notice
Notice Date
04 Nov 2024
Notice Amount
₹4.33 Cr
Asset Classification
Classification Date
04 Nov 2024
Classification ID
2
Possession Dates
Physical
15 May 2025
Additional details
Property USP
Plant and Machinery for sale : Machines used in Manufacturing High Carbon Wires, MS/HB, PC Wire and gear components
Description
MACHINERY TO BE AUCTIONED - Wire drawing machine with motors, Thermal Heater Machine, Wire pointing Machine, Wire Drawing stand, EOT Crane Hoist ,Weighing Machine and other machines as per attached document.
EMD Schedule
EMD Start
26 Feb 2026
1:07 PM
EMD Deadline
10 Mar 2026
4:59 PM
Payment Deadline
26 Sept 2025
Inspection Schedule
Inspection Start
26 Feb 2026
5:00 PM
Inspection End
09 Mar 2026
4:00 PM
Officer Details
Authorized Officer
SEEMA KUMARI
Authorised Officer - Scale - IV - CM
Dealing Officer
Amit Kumar
Auction Rules
Type of Action
Under SARFAESI
Bid Increment
₹1,00,000.00
Extension Increment
₹1,00,000.00
Auto Extension
Enabled
Extension Trigger
Last 10 minutes
Extension Duration
10 minutes
First Bid Acceptance
Yes
Ownership & Legal
Ownership Type
Freehold
Title Deed Type
Registered Sale Deed
Asset Type
Immovable
Collateral ID
898470410000014
CERSAI ID
400081554989
Property ID
BKID898470410000014
Nearby Amenities
Nearest Station
hubli
Property Images
Bank of India
Verified seller
Branch: BENGALURU ASSET RECOVERY-8499
IFSC: BKID
Bank contact
+91 80229 59407+91 98504 77529
Branch Address
No. 11, Bank Of India Bldg., Kempegowda Road,Branch IFSC
BKID0008499Department
BENGALURU ASSET RECOVERY-8499