All that part and parcel of Industrial land admeasuring 31 acres and 80 cents in Sy. No. 740/2. 744. 745/2B. and 745/2C, situated at Kothavaripalle Village, Madanapalle Mandal, Chittoor District (Old) -Annamayya District (New), Andhra Pradesh belonging to M/s. Madanapalle Spinning Mills Ltd (In Liquidation) and bounded by East: Madanapalle - Piler Road, West: Land in Sy No. 740/1, South: Land in Sy No. 740/1 North: Land in Sy No. 745/2A & 739 Upon which Spinning Mill is constructed comprising of Factory Shed with AC Sheet roof, Godowns, staff quarters and such other buildings with an aggregate built-up area of 2,55,410 Sq.ft (approximately).