Bank of Baroda
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Regional Office, Stressed Assets Recovery Branch, BANK OF BARODA Asilmetta, Visakhapatnam AuthorisedE-AUCTION Officer, Name: Dillip Kumar DasSALE (Chief Manager), NOTICE Mobile No:79955 65212 Sale notice under Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002) Notice is hereby given to the public in general in particular to the Borrowers and Guarantors that the below described immovable property/ies mortgaged/charged to the Secured Creditor i.e., Bank of Baroda, the Constructive / Physical Possessions of which has been taken by the Authorised Officer of Bank of Baroda Secured Creditor, will be sold on "As is where is", "As is what is", and "Whatever there is" on below mentioned dates, for recovery of amount mentioned hereunder due to the aforesaid Secured Creditor from below mentioned Borrowers and Guarantor (s) in the account/s. The details of reserve price, the earnest money deposit and known encumbrances for the secured assets will be as follows: Borrowers/Guarantors/ Name and address:1) M/S Sreenidhi Enterprises, D.No 50-21-2, T P T Colony, Seethammadhara, Visakhapatnam 530013. 2) Mr Donepudi Venkata Pavan Kumar, Partner : M/S Sreenidhi Enterprises, MIG Plot No 1,D No 50-53-11/2, Resapuvanipalem, N.E Layout, Seethammadhara, Visakhapatnam 530013. 3) Mr G Vamsi Santosh Varma, Partner: M/S Sreenidhi Enterprises, H.No 8-19-60, Gopal Nagar, Near S B I Colony, Vizianagaram 535003. 4) Mr. Donepudi Venkateswara Rao, Guarantor : M/s. Srinidhi Enterprises, MIG Plot No.1, Door No.50-53-11/2, Resapuvanipalem, NE Layout, Sethammadhara, Visakhapatnam-530013. 5) Mrs. Donepudi Nagavalli, Guarantor : Srinidhi Enterprises, MIG Plot No.1, Door No.50-53-11/2, Resapuvanipalem, NE Layout, Sethammadhara, Visakhapatnam-530013. Demand notice date: 23.04.2019 Date of Possesion Notice: 21.10.2019 Amount Outstanding: Rs.70,93,862.25/- (Rupees Seventy Lakhs Ninty Three Thousand Eight Hundred and Sixty Two and Twenty Five Paise Only) plus interest reversal of Rs 4,33,308/- together with interest from 01.04.2019 and other charges, if any. DESCRIPTION OF IMMOVABLE PROPERTY All the site measuring 38.63+38.63 =77.26 Sq yards or 64.599 Sq.mts being undivided and unspecified share in out of total extent 1066.66 Sq Yards or 891.84 sq.mts together with residential Flat No 502 & 503 in Fourth Floor with a plinth area measuring 900+900 =1800 Sq.ft(including common area and balconies) and 192 Sq Ft car parking (Each car parking 96.00 sq Ft) in stilt Floor of SAINIVAS situated at P F Colony area bearing Plot Nos 20,21,22 & 23 covered by survey Nos 105/part of Chinamusidivada village within limits of greater Visakhapatnam Municipal Corporation,Pendurthi,SRO limits in the name of Mrs. Donepudi Nagavalli and total property Bounded by : East : 30 ft Wide Road, West : Plot No 24 Site, North : Plot No 12,13,14,15 Site, South : Plot No 19 Site. Boundaries of Residential Flat No 502& 503 in Fourth Floor : East : Common Corridor, West : Stair Case, North : Open set back space, South : Lift and open space. Reserve Price : Rs.45,00,000/- EMD : Rs.4,50,000/- Bid Increment : Rs.25,000/- Date of E-Auction 19.02.2020 from 11.00 AM TO 12.00 Noon (With auto time extension of 5 minutes each till sale is completed) Last Date & Time of submission of EMD and Documents : 18.02.2020 till 4.00 Noon through NEFT/RTGS in the following Account : 60170015181219, Name of the Beneficiary : Bank of Baroda, ROSARB, IFS Code : BARB0SARVIS NEFT/RTGSBank of Baroda, ROSARB, Inspection of the Properties : 17.02.2020 from 11:00 Am to 04.00 PM IFS BARB0SARVIS, For detailed terms and conditions of the sale, please refer to the link provided in Secured Creditor i.e. Bank's website: https://www.bankofbaroda.com/e-auction.htm and e-auction service provider website: https://www.bankofbaroda.com/ website: (http://bob.auctiontiger.net). e-auction.htm (http://bob.auctiontiger.net). Date : 13.01.2020 Authorised Officer, Place: VISAKHAPATNAM BANK OF BARODA Size : 12 x 17 Size : 12 x 17 Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/) Print to PDF without this message by purchasing novaPDF (http://www.novapdf.com/).