All that part and parcel of the immovable commercial property being the Hotel Building known as “La Empressa” (also known as “Socoilem Gallum”), consisting of Basement plus Stilt (part), Lower Ground Floor (part), Mezzanine Floor, Upper Ground Floor, First, Second and Third Floors (part) with attached Terrace, constructed on land admeasuring 850 Sq. Mtrs. (of which 210 Sq. Mtrs. is under road widening, net area 640 Sq. Mtrs.), situated at Survey No. 22/3, opposite Alcon Hyundai Showroom, on Mumbai–Goa Highway (NH6), at Village Socorro, within the Village Panchayat area of Serula, Taluka Bardez, District North Goa,