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EOI Land of GKW (Sankey Wheels) at Durgapur, WB Oct 2012

EOI Land of GKW (Sankey Wheels) at Durgapur, WB Oct 2012

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Published by Tirthankar Basu

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Published by: Tirthankar Basu on Nov 03, 2012
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11/03/2012

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Knight Frank (India) Pvt. Ltd.Paville House, Near Twin Towers, Off Veer Savarkar Marg, Prabhadevi,Mumbai 400025.
INFORMATION MEMORANDUM:LAND AT DURGAPUR
 
 
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Knight Frank (India) Pvt. Ltd.Registered Office: Paville House, Near Twin Towers, Off Veer Savarkar Marg, Prabhadevi, Mumbai 400025.
A PROPOSAL 3B PROPERTY INFORMATION 5C DURGAPUR OVERVIEW 11D TRANSACTION PROCESS 13E DISCLAIMER 26F CONTACT DETAILS 28
 
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Knight Frank (India) Pvt. Ltd.Registered Office: Paville House, Near Twin Towers, Off Veer Savarkar Marg, Prabhadevi, Mumbai 400025.
A.
 
Proposal
GKW Limited (formerly Guest Keen Williams Limited) was a subsidiary of the U.K. based engineering giant GKNplc. for well over 60 years. In 1994 GKN plc. divested its stake in GKW Limited. The major end use sectorsserviced by GKW include automotive, electrical, electronic and general engineering industries. Knight Frank IndiaPvt. Ltd. (KFI) has been appointed as an advisor in the matter of sale of their property located at Bidhannagar,Durgapur.GKW Limited is desirous to
 
transfer the subject property through a Bid Process subject to the laws of India and inaccordance with the terms and conditions applicable by ADDA (Asansol Durgapur Development Authority)
 –
TheOriginal Lessor of the Land and the statutory body Governing Development in Asansol-Durgapur Region.The subject property comprising land and a building situate thereon is proposed to be
„Lease transferred‟
on
“asis where is basis”
through
“Bid Process”
 The last date for submission of the EOI is 15
th
December 2012.

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