STATE BANK OF HYDERABAD REGIONAL OFFICE,

SALE CUM E-AUCTION NOTICE

E-Auction cum sale under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act-2002 of Movable/Immovable properties mortgaged to State Bank of Hyderabad, for recovery of the secured debt as mentioned below.

Public at large is informed that e-auction of the properties in below mentioned cases will be held on “As is where is and as is what is basis”

Name of the Loan availed Date & Reserve Borrower & Total Description of Properties / Property Time of Price Dues Mortgaged E-auction Branch 1 Sri VS Navin S/o V Shanmugam Flat No G-1, Ground Property : EM of Flat No.G-1, Ground Floor, Floor, D.No.8, Plot No.69, 4thCross Plot No. 69, Door Street, New NGGO Colony, No. 8 Adambakkam, Chennai – 600088, ` 40.25 lacs Raajpuvis New NGO admeasuring an extent of 966 sq ft of Enclave 4th Cross Street, Super Built Area together with New NGO Colony, undivided share of 580 sq ft of land in EMD the total extent of 2400 sq ft comprised 14/07/2016 Adambakkam ` 4.03 Chennai – 600088. in S.NO. 551 (part), (sub divided as 11.00 AM lacs Survey No. 551/22, as per Patta No. To

7630), Village, – 12.00 Noon Mortgagor: Taluk, . Branch Bid 1) VS Navin Increment Boundaries Amount Total Dues : ` 27.27 Lacs as on North by : Plot No. 68 ` 10,000/- 06/06/2016 + Int from South by : Plot No. 70 07/06/2016 at East by : 40 Feet Road Contract Rate + West by : Plot No. 62 Costs there on

2 Property : All the Land and Building in M/s Rudra Traders Survey No.250/2 and as per patta Prop: Sri S. Basker No.3634, New Survey No.250/35 of NO. 1, Elambakkam No.54, Mevallur Kuppam Village to an Road, Kannur extent of 4800Sq.ft of land and building ` 100.00 lacs Village measuring an extent of 2378Sq.ft in Thiruvallur District Branch Ground Floor and 2378 Sq.ft of first Pin 602108. floor, situated at Plot Nos.8 and 9 EMD 14/07/2016 Subasree Nagar, of Mevallurkuppam ` 10.00 12.00 Noon Village, Sriperumbudur Taluk and lacs To Mortgagor: Kancheepuram District standing in the 1.00 PM 1) S. Basker name of S. Basker and bounded on the Total Dues : Bid ` 51.68 Lacs as on North by :Space Allotted for playing Increment 06/06/2016 + Int from ground Amount 07/06/2016 at South by : 20 Feet Road ` 10,000/- Contract Rate + East by : Plot No.10 Costs there on West by : Plot No. 7

3. Sri C.Raju Property : EM of property at Sy.No. TS

S/o P. Chinmaya NO. 2(part) admeasuring 197.55 sq ft of

Gounder land 154.62 sqft of building plus 42.93 Door No. 2342, JJ sqft court yard Shop No. K-06 of Nagar East, Block II ` 31.56 lacs vegetable market in Koyembedu whole ,

Chennai -600037 sale market known as periyar vegetable Market market within the limits of , EMD Complex 14/07/2016 Taluk, Sub- Branch ` 3.16 Mortgagor: 1.00 PM Registration district of Annanagar and lacs 1) C. Raju To Registration district of . 2.00 PM Total Dues : Bid ` 3.41 Lacs as on Bounded on the Increment 06/06/2016 + Int from Amount 07/06/2016 at North by : Shop No. K -4 ` 10,000/- Contract Rate + South by : Shop No. K-8 Costs there on East by : Shopping Street West by : Service Street

Last date for submission of bid application with EMD 13/07/2016 up to 4.00 PM

The end time of auction will be extended by 5 minutes each time a bid is made within last 5 minutes of Auction.

Terms and conditions of Sale:

1. Auction/bidding shall only be through “online electronic mode” through the website of the Service Provider i.e. www.bankeauctions.com. Complete details of the Terms and Conditions can be viewed at website www.bankeauctions.com Contact Nos. Mob - 9840446485 Land Line 0124-4302000.

2. For participating in e-auction, intending bidders have to deposit a refundable EMD of 10% of reserve price by Demand Draft /Pay Order in favour of “Authorised Officer, SBH REGIONAL OFFICE, CHENNAI” payable at Chennai. The intending bidders should submit / send their “E-AUCTION EMD FORM” along with the Demand Draft towards EMD, copy of ID proof and PAN Card to the Branch Manager, SBH Branch where the property is mortgaged. The envelope containing document should be super scribed with “e-auction sale (account id)”. The EMD will not carry any interest.

3. The property “SHALL NOT BE SOLD” below the Reserve Price.

4. The successful bidder should deposit 25% of the bid amount (including EMD) immediately on declaring him as successful bidder, and balance 75% of bid amount within 15 days after the sale date by Demand Draft /Pay Order in favour of “Authorised Officer, SBH REGIONAL OFFICE, CHENNAI” payable at Chennai.

5. In case of default in payment at any stage by the successful bidder/auction purchaser within the stipulated time, the sale will be cancelled and the amount already paid will be forfeited and the property will be again put to sale.

6. The above mentioned borrowers are hereby called upon to pay the outstanding dues as mentioned above with interest @ contracted rate and costs incurred by the undersigned while taking possession of the said assets and thereafter for preservation of the same, within 30 days from the date of publication of this notice and get release of the aforesaid assets from the undersigned. In case they fail to pay the aforesaid amount within the said period, the undersigned may be constrained to sell aforesaid assets for realizing the dues and take other measures as deemed fit as per the provisions of the afore said Act and Rules.

Note: The intending bidders may contact 1. Sri. PUKAZHENTHI, Authorized Officer, SBH, Regional Office, Chennai on Mobile no. 7358027222, 2. Mr. ANANTHA KRISHNAN, Branch Manager, Mylapore Branch, Mobile No: 9940002559, 3. Mr. Ramesh, Branch Manager, Chetpet Branch, Mobile No. 9940002569, 4. Ms. M. MALARKODI Branch Manager, Market Complex Branch, Koyembedu Mobile No: 9940002590 for ascertaining the details of property.

Inspection of the properties is arranged on 13/07/2016 between 11.00 AM to 4.00 PM. Interested bidders may contact the above numbers.

Details of the Terms and conditions of Sale can also be viewed at websites. www.sbhyd.com, and www.bankeauctions.com

Place: Chennai Date: 07/06/2016 AUTHORISED OFFICER