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E-Auction Sale Notice

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E-Auction Sale Notice STATE BANK OF MYSORE Region-II, Mysore Zone, Sahukar Channaiah Road,Kuvempunagar, Mysore 570-009 Phone : 0821-2541434, 2415886 E-AUCTION SALE NOTICE PUBLIC NOTICE FOR SALE OF IMMOVABLE PROPERTIES THROUGH E-AUCTION UNDER SARFAESI ACT, 2002 LAST DATE & TIME OF SUBMISSION OF EMD AND DOCUMENTS 26.04.2017 UP TO 4.00 P.M Whereas, the Authorized Officer of State Bank of Mysore has taken possession of the following property/ies pursuant to the notice issued under Section 13(2) of the Security Interest (Enforcement) Rules 2002 in the following loan account with right to sell the same on “AS IS WHERE IS BASIS and AS IS WHAT IS BASIS” for realization of Bank’s dues plus interest as detailed hereunder and whereas consequent upon failure to repay the dues, the undersigned in exercise of power conferred under Section 13(4) of the said Act proposes to realize the Bank’s dues by sale of the said property/ies. The sale will be done by the undersigned through e-auction platform provided at the Web Portal (https://www.bankeauctions.com) DESCRIPTION OF IMMOVABLE PROPERTIES Out standing Reserve Price Rs. amount and Property EMD S.L Name of the Branch and Name EMD Date and time Details of Property demand notice Inspection Remittance No. &Address of the Borrower/Mortgagor. of Auction. date./ Possession Bid Increase Date Details notice date Amount. 1 KUSHALNAGAR BRANCH All that Part and Parcel of the Property bearing Plot Rs.60,34,342/- Reserve Price 16.04.2017 Auction Date : A/c No. Ph : 08276-272271 No.45 and Sy.No.6- Part, Situated at Karnataka + (Excluding Rs.82,53,000/- 27.04.2017 64180477490 A/c No. APML-64146060900 & Industrial Area Development Board (KIADB), Kudlur, Interest and other EMD Amount A/c Name A/c No. CCR-64145093642 Time : Kushalnagar Hobli, Somwarpet Taluk, Kodagu District, charges from Rs.8,26,000/- : SBM, A/c No. TL- 64145090448 Total Measuring: Industrial plot Comprising of an 01.03.2017 ) 12.30 pm Kushalnagar M/s.Riya food Products, area of 4043.00Sqare Meters, Property Standing in Bid Increase to Branch Prop: Sri.K.Musthafa Haji the name of Sri.K.Musthafa Haji S/o Sri.Mammu Haji. 22.05.2015 Amount. 1.30 pm EMD Account. S/o Sri.Mammu Haji, Bounded by. : East- Plot No.44, North- KIADB Road, 13.08.2015 Rs.10,000/- IFSC Code- No.45, KIADB Industrial Area, Kudulur, West- Plot No.46, South- Plot No.31&32. SBMY0040388 Kushalnagar Hobli, Somwarpet Taluk, Kodagu District.............Borrower 2 KUSHALNAGAR BRANCH All that Part and Parcel of the House Property bearing Rs.4,81,707/- Reserve Price 12.04.2017 Auction Date : A/c No. PH : 08276-272271 Junjar No.189 and Assessment No. 189, Situated at + (Excluding Rs.17,61,200/- 27.04.2017 64180477490 A/C No. CCR-64112534383 Bhanugundi Village, Konanur Hobli, Arakalgud Taluk, Interest and other & A/c Name : SBM, Sri.B.Shankara S/o Sri.Bettegowda Hassan District (Within the limits of Saragur Grama charges from EMD Amount Time : Kushalanagara Residing at No.189, Bhanugundi Village, Panchayath) Measuring: East to West-40ft and North 01.03.2017) Rs.176000/- 1.00 PM EMD Account. Konanur Hobli, Arakalgud Taluk, Hassan to South-140ft, together with a RCC Residential Building to IFC Code- District...................................Borrower Consisting of 1500sqft, Property Standing in the name Bid Increase 2.00 PM SBMY0040388 Sri. K.T.Arunkumar S/o late of Sri.B.Shankara S/o Sri.Bettegowda. Bounded by. 29.04.2015 Amount. V.Thimmanaiah, East- Site belonging to Sri.Muddegowda, North- Govt 18.08.2015 Rs.10,000/- Residing at Kudumangalore Village, Road, West- Site belonging to Sri.Singrigowda, South- Kudige, Kodagu District..........Guarantor Property of Smt.Ningamma. 3 Kushalangara Branch All that Part and Parcel of the Residential cum Rs.17,42,685/- Reserve Price 15.04.2017 Auction Date : A/c No. PH : 08276-272271 Commercial building bearing Survey No.17/6, Extent + (Excluding Rs.46,19,825/- 27.04.2017 64180477490 A/c No. APML-64139610560 42cents, Situated at Hebbale Village, Kushalnagar Interest and other & A/c Name : SBM, charges from Time : Kushalanagara A/c No. CCR-64141550479 Hobli,Somwarpet Taluk,Kodagu District. Property 01.03.2017) EMD Amount 11.30 PM EMD Account. Sri. Ramesh H L S/o H P Lakkappa Standing in the name of Sri. Ramesh H L S/o Rs.4,61,000/- to IFC Code- Residing at 560, Hebbale Village and Post H P Lakkappa Bounded by. East- Property of 12.30 PM SBMY0040388 Somwarpete Taluk, Kodagu District. Mr.Thammaiah North- Paisari Land-Hill West-Property 19.09.2016 M/s.Banashankari Traders bearing Sy No.17/48 (Mill Property) South- Public 23.11.2016 Bid Increase (Paddy &Rice Merchant) Road Amount. Prop:Smt.Divya W/o Ramesh.H.L Rs.10,000/- 560, Hebbale Village and Post, Somwarpete Taluk, Kodagu District. ..................................………Borrower TERMS AND CONDITIONS : 1. The EMD and other payments shall be remitted through EFT / NEFT / RTGS Transfer to the Bank Account as mentioned against the respective properties above. Please note that the Cheques/ Demand Draft shall not be accepted as EMD amount. 2. The immovable properties will be sold by e-Auction through the Bank’s approved service provider M/s C1 India Pvt. Ltd., Noida under the supervision of the Authorised Officer of the Bank. 3. E-Auction Tender Document containing online e-Auction bid form, declaration, general terms & conditions of online auction are available in Web portal: https://www.bankeauctions.com 4. Intending buyers are advised to go through the website https://www.bankeauctions.com for detailed terms and conditions of auction sale before submitting their bids and participating in the e-auction. The intending bidders should register their name at https://www.bankeauctions.com. 5. Bidders may avail online training on e-auction from M/s. C1 India Pvt. Ltd. Udyog vihar, phase-2, Gulf, Petrochem Building No.301, Gurgaon, Hariyana-122015 Helpline No.+91-124-4302000, +91-9948041212,C- 104, Helpline e-mail ID: [email protected] 6. Bids in the prescribed format given in the Tender Document shall be submitted “online” through the portal of https://www.bankeauctions.com. Bids submitted otherwise shall not be considered. Bid should be submitted along with scanned copies of Photo Id, preferably PAN Card and address proof documents, mentioning UTR number /supportive evidence for submitting EMD amount. In case of joint bidders, a scanned copy of the authorization letter signed by all the bidders authorizing actual bidder to submit and participate in the bid on their behalf should be attached to the bid form. imilarly, in case the bidder is a company, a scanned copy of the resolution passed by the Board of Directors authorizing the actual bidder, to submit and participate in the bid on its behalf should be attached and in case of partnership firm, bid shall be accompanied by valid authorization signed by all partners/due authorization from the constituent body. 7. The Property shall not be sold below the respective Reserve Price mentioned against each property above. 8. Bid form without EMD or with less than EMD amount shall be rejected summarily. 9. The Bid increment Value/multiplier shall be as stated above. 10. Online auction sale will start automatically on and at the time as mentioned above. Auction / bidding time will initially be for a period of one hour for each proper ty with auto time extension of five minutes each for all properties, if bidding continues till the sale is concluded. 11. Auction / bidding will be only online bidding through the portal provided by M/s C1 India Pvt. Ltd. 12. Demo e-Auction process will be conducted by M/s C1 India Pvt. Ltd. for familiarization and allocation of user name/password to eligible bidders for access to the e-Auction at the specified date and time will be done by M/s C1 India Pvt. Ltd. 13. In case of technical defects/ holiday declared or any other reason, if the website is not available on the last day of submission of bid or on the day of auction, the res 14. next working day / website available day. However the bidders may participate in e-auction bidding from their place of choice and internet connectivity shall be ensured by the bidder himself. Bank/Service Provider shall not be responsible for the internet connectivity, network and system problems, power failure etc. 15. The properties shall be sold to the highest bidder. The purchaser shall deposit 25% of the sale price (including EMD) immediately on the day of sale. On receipt of said payment and verification of KYC documents with originals (Photo ID and address proof documents), the Authorised Officer shall issue letter of sale confirmation. The balance amount shall be paid on or before the fifteenth day of confirmation of sale of immovable properties or such extended period as may be agreed upon in writing between the parties. If 25% of the sale price is not paid for any reason, EMD will be forfeited. Likewise, if the balance 75% amount is not paid for any reason within 15 days or such extended period as stated above, 25% of amount already deposited by him/her will be forfeited and Bank will be at liberty to re-auction the immovable properties. 16. If extension of time for payment of balance 75% of the sale price is agreed upon, the buyers shall pay interest at the rate of BPLR currently 15.00 % p.a. on the balance amount for the delayed period. 17. The properties are being sold on ‘As is where is’ and ‘As is what is’ condition.
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