Problems for industrialist Yash Birla have escalated with the Karnataka Bank attaching his prime property, a three BHK flat with 2,000 square feet built up area and worth R13 crore, as quoted by realtors. The flat is located at Ashoka Apartment in Nepean Sea Road. The bank took this action as part of its recovery process after the Yash Birla group failed to return the loan that its company Birla Research and Life Sciences had taken three-four years ago.

The flat under question is at Ashoka Apartments at Rungta Lane, Nepean Sea Road. Pic/Emmanual Kharbari