Detailed description of collateral security

Title of Account Gurukrupa Group

Name of Owner Mr.Ganesh Mahadev Mahadik
Property Address Gat no.87/1B/2/88/1B+88/Gram Panchayat No.963 Plot No.05
Situated @ Akluj Tal Malshiras Dist Solapur
FT
Brief Descriptions Property is situated @ prime locality & adjacent to 100 Road.
Locality is Commercial and residential crowded with various shops &
showrooms.
SQ-FT
Area of Property PLOT Net Plot Area is 2086.69
SQ-FT
Site Measurements Basement 1200.00
SQ-FT
Ground 1280.00
SQ-FT
First Floor 1280.00
Second Floor 1440.00 SQ-FT
SQ-FT
Third Floor 1440.00
SQ-FT
Fourth Floor 1440.00
Total Built up 8080.00 SQ-FT
Title of property Owner Shri Ganesh Mahadev Mahadik is an absolute owner of
the property having clear marketable title (free hold)
Ownership
Charge Mortgaged to Shivkrupa S.Patsansanstha ltd as a
security for Term-Loan of Rs 100 Lacs. Present
outstanding Balance around75Lacs
Offer/ Undertaking I the under signed Shri Ganesh Mahadev Mahadik do hereby agree and
undertake that I have offered the said property as collateral security to
proposed loan applied & requested to FEDERAL BANK Barshi Branch
Dist Solapur. I am also aware that this property is offered as security
for my sole proprietary firm Gupurukrupa electrical and steel center as
well as other group it as my liability will be JOINT & SEVERAL” for Group
Accounts ALSO

All the information provided above is True fair and correct as per my best knowledge and belief

Place: Akluj

Date: 14-04-2017 X

ANNEXURE: PROPERTY DETAILS / FOR FEDERAL BANK