Property Description

The property is situated at R.S. Nos. 117/2, 107 and 107/A, near Tavandi Ghat, Village Gavani, Taluk Chikodi, District Belagavi, Karnataka – 591237, near Mangalore Bidi Works, behind the petrol pump. The property comprises non-agricultural land measuring 119.16 R (11,916 sq. m.) approved for educational purposes, along with agricultural land measuring 136 R (13,600 sq. m.), forming part of R.S. No. 117/2. The property is classified as commercial and agricultural, with access from NH-4 Highway through a 30-metre-wide WBM (kachcha) road, approximately 400 metres away. The property is bounded by Ramesh Waghmale’s property to the east, a road to the west, Diwani land to the south, and R.S. No. 108 belonging to Mr. Bharat Kurbetti to the north. The site comprises a partly constructed commercial hospital and medical college building with an approved built-up area of 8,317.86 sq. m. (89,500 sq. ft.). Construction includes RCC-framed structures with RCC footings, brick and AAC block walls, vitrified tile flooring, aluminium-glazed windows and laminated flush doors. The ground and first floors have approximately 80% of the brickwork, plastering and flooring completed, while the second floor has completed RCC columns and approximately 35% of the slab work. Overall construction progress is estimated at 40%. The building is in ordinary condition due to lack of maintenance, the electricity connection is currently disconnected, and the sanitary fittings are of average quality. The property is reported to be in the possession of HDFC Bank. The nearest railway station is Ghataprabha, and Nipani S.T. Stand is approximately 4 km away.