Bandlguda, Nagole, Hyderabad-068. Ph.No:040-24222601

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Bandlguda, Nagole, Hyderabad-068. Ph.No:040-24222601 B7ANK Bandlaguda Branch, GSI Complex Bandlguda, Nagole, Hyderabad-068. Ph.No:040-24222601 E-AUCTTON SALE NOTTCE (Under SARFAESIAct 2002) Sale of Movable 8& Immovable Assets Charged to the Bank Under The Securitisation and Reconstruction of Financial assets and Enforcement of Security lInterest Act, 2002. Whereas the Authorized Officer of the bank has issued a demand notice under section 13(2) of SARFAESI ACT and thereafter in exercise o powers under section 13(12) of SARFAESI ACT has taken Possession of properties mortgaged to bank under section 13(4) of the SARFAESIACT and the undersigned in the capacity of Authorized Officer has decided to sell the properties o Borrowers/Guarantors detailed herein below for realization of bank dues by inviting tenders from public Name o the Borrower, Guarantors:: Si Kannaram PochaahApplicant an Principal Borrower S/o Yellaiah), H.No. 6-275/2, Opp. Privilege Estates, Siddh Vinayak Nagar, Ghatkesar Mandal, Boduppal, Rangareddy District, Telangana. Sr Kannaram Subhadra(co-Applicant) Wlo Pochaiah, H. No. 6-275/2, Opp.Privilege Estates, Siddhi Vinayak Nagar, Ghatkesar Mandal, Boduppal, RR District, Telangana. Balance Outstandíng : Rs.53,24,338/- as on 31.01.2019 + interest and charges Demand Notice date. 08.03.2019 Possession Notice date.22.05.2019 Description101,in 1st Floor, of the in the Property: building Equitabteknown as morgage :Sai Lakshmiof aThat Pride "withthe semi-inished a total plinth FlatNo area o admeasuring1175 Sq.Feet 25.00 (Including Sq.Yards Common out of 255.66area) Sq.Yds.,along withor an239.64undivided Sq.Mts.. shareof On Plot Nosland 26 in Viswambhara Enclave in Sy.No. 161/part approved by HUDA vide permissior No. 4202/MP2/HUDA/99 dated 25.09.1999 covered in Block No. 2 situated a Hydemagar Village under GHMC Kukatpally Circle Balanagar Mandal,Medchal Malkajgiri District. Boundaries of the Property Flat No. 101: North: Open to Sky, Sout : Open to Sky, East: Open to Sky, West : Corridor, Stair case and Flat No. 102 Boudaries of the Complex: Noth: Plot No. 25, South: Plot No.27, East: 40 ft Wide Road, West: Plot No. 19(Regd Sale Deed No. 10416/2017, Dated:27.12.2017). Reserve ice KE.AU,IUjuUU, EMDF RS.4R31,UUu, sdMuuprer. ks.253UUu Dateime10 minutes each, orAUcton15-ZUAU tilthe sale is concluded/ aN closed), ZauUTNoonoz.UULast Date of pmVwIunrextenstONTo Submission of EM :14-12-2020at 4.00 PM. Inspection Date:26.11.2020 onwards EMD RemItance Deposir through NEFTIRTGSTO thetredit of Account No.T8850ZTOUOUS59, UCO Bank, Bandlaguda Branch, IFSC Code: UCBA0001885 TERMSand " AS AND IS WHAT TONDITIONS: IS BASIS" 1The 2) To e-Auclionthe best ofis knowledgebeing held onand AS information TS WHERE of TSthe Authorised Officer, there is no encumbrance on the Property andstatutory dues (if any are not known. However, the intending bidders should make their own independen inquiries regarding the encumbrance, title of Properties & to inspect & satisfy themselves. 3) Statitory dues liabilities etc. due to the Government Local Body are no known and shall be bome by the successful bidder, if any. 4) In case of such bidder the bid amount quoted in his bid form must be improved by at least one bid incrementa value, lest the sale shall be cancelled/ deferend. 5) Successful bidder shall bear the changes fee payscale for registration of the Property as per law. 6) Sale will not be conformed if the Borrower tenders to the Bank contractual dues along with othe expenses prior to the Authorised Officer issuing Sale Confirmation Letter to the Successful Bidder, In such case the Bank Shall refund without interest the entire amount remitted by the successful bidder. 7) The interested bidders who require assistance in creating login ID & Password uploding date, submitting bid documents Traaining / Demonstration. Terms and conditions. Online Interest bidding etc., May visit _website httplwww.mstcbcommerce.com/auctionhomeibapindex.jsp. For anyProperty related quarymay contact the Authorised Officer-D. Trivikrama Rao, P No.9963211775, Branch Ph. No. 040-24222601. [email protected] 8) Interested bidders should ensure EMD Amount to be deposited in the wallet (1BAPI) Auction would be conducted for an initial period of 120 minutes followed by unlimited extensions of 5 minutes each, in case a valid bid s received in last 5 minutes. 9) Al intending bidder shall register with the E-AUCTION portal to create their user lds an passwords. Bidders have to register online by providing their KYC documents and registration fees as prescribed by senvice provider (MSTC). Once the KYC documents are verified by MSTC,the registration will be activated within a period of maximum two working days from the date of subrmission of all KYC documents and registration fees 10) The Successful bidder shall have to pay 25%of the purchase amount (ncluding earnest money already paid), immediately on closure of the E-Auction sale proceedings on the same day or next day of the sale in the same mode as mentioned above and if he fails to deposit the same. The amount deposited towards the earnest mo shall beforfeited and property shall be sold again. The balance 75% of the purchase price shall have to be paid within 15days or within the extended time from the date of confimation of sale by the authorized officer. In case of default, all amounts deposited till then shall be forfeited including earnest money deposited. 11) Prospective buyers may visit website https://ibapl, in for more do ut the Property. Note: This is also a notice to the Borrower/Guarantors of th bou holding of e-auction sale of the property on the aforesaid mention ues are not repaid in full before the date of e-Auction. Date:23.11.2020, Place: Hyderabad Sd/- Authorised Offi ank .
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