All that part and parcel of immovable property VPC No. 550 out of R. Sy. No. 125 measuring 2800 Sq. Ft. at Duggewadi Village, Raibag Taluka, Belagavi District & owned by Sri Appasab Gangappa Chougale & bounded by: North: Chougale College, South: Property of Bhairappa K. Chougale, East: Open Area, West: Raibag Road