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STATE BANK of INDIA, STRESSED ASSETS MANAGEMENT BRANCH (Secunderabad) 5Th Floor, Rear Block, HMWSSB Compound, D.No.6-2-915, Khairatabad, Hyderabad-500 004

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STATE BANK of INDIA, STRESSED ASSETS MANAGEMENT BRANCH (Secunderabad) 5Th Floor, Rear Block, HMWSSB Compound, D.No.6-2-915, Khairatabad, Hyderabad-500 004 STATE BANK OF INDIA, STRESSED ASSETS MANAGEMENT BRANCH (Secunderabad) 5th Floor, Rear Block, HMWSSB Compound, D.No.6-2-915, Khairatabad, Hyderabad-500 004. -------------------------------------------------------------------------------------------------------------------- Authorized Officer’s Details: Name: Sri. M.Nawazuddin, Mobile No: 9949208750 E-mail ID of: [email protected] Phone No. of Branch: 040- 23251993 E-AUCTION SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES E-AUCTION SALE NOTICE FOR SALE OF IMMOVABLE ASSETS UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 READ WITH PROVISO TO RULE 8 (6) OF THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002 Notice is hereby given to the Public in general and in particular to the Borrower(s) and Guarantor (s) that the below described immovable properties mortgaged/charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank of India, Stressed Assets Management Branch, Secunderabad, will be sold on “AS IS WHERE IS” “AS IS WHAT IS ” and “WHATEVER THERE IS” on 06.02.2019 for recovery of Rs. 20,78,34,953.84 (Rupees Twenty Crores Seventy Eight Lakhs Thirty Four Thousand Nine Hundred Fifty Three and Paise Eighty Four Only) as on 27.03.2018 and future interest at contractual rate from 28.03.2018 together with incidental expenses, costs, charges, etc from M/S VAIDHATRU PHARMA PVT. LTD., with Regd.Off: Flat No.403, Sai Heavens, HIG 532 &533, Beside Food World, JNTU Road KPHB, VI Phase, Hyderabad. Factory At: Plot No.28, Raichur Growth Centre, Chik Sugar, Hobli Raichur(Tq), Raichur Dist, Karnataka – 584134 and Guarantors: 1) T.Sudhakar Babu, S/o T. Veerenarayana, 2) Sri.P.Basaweswara Rao S/o P.Rama Mohan Rao, 3) Sri.T.Balakrishna Kumar S/o T.Sudhakar Babu, 4) T. Vanisree W/o T.Sudhakar Babu, 5) Sri.Kora Venkata Padmanabha Rao S/o K.Raghava Rao, 6) Smt.K.Lakshmi Rajitha W/o K.V.Padmanabha and 7) M.Babu Rao S/o Late Narasaiah Swamy. Schedule of Properties Lot No.1 Land & Building and Plant & Machinery in Plot No. 28 in Sy.No.106 within Raichur Growth Central industries Area within the Village Limits of Chicksugur Hobli, Raichur Taluk, Raichur District Containing by admeasurement NIL Hectors, 7.83Acres of thereabouts. Lot No.2 Flat No. 403, in 4th Floor, with builtup area of 825 sft & one car parking area of 80 sft. “Sai Heavens” Situated at Phase VI, KPHB Colony, Kukatpally Village. Lot No.3 Flat bearing No. 202 in Second Floor of the Building Complex known as “ Shell Paradise”, having a builtup area of 1190 Sq. Feet in Survey Nos. 336 to 340 situated at Madhavpuri township, South Avenue, Ameenpur village, Patancheru Mandal. Lot No.4 Plot No. 13, total admeasurig 150 Sq.Yds in Sy.No. 108/ part( West Side), situated at Padmanagar Colony, Phase I, Quthbullapur Village, Municipality & Mandal. Lot No.5 Plot No. 166 & 165 in Sy.No. 79/AA, 124/AA, 125/AA, 126/AA, 122/AA, 79/2, 124/2, 125/2, 126/2 and 120 admeasuring 378 Sq.Yds situated at Peerzadiguda Village & G.P, Ghatkesar Mandal, R.R.Dist. Lot No.6 Residential house bearing No. 30-284/76, Plot No. 176 in Sy.No. 414/1 admeasuring 177.7 Sq.yds situated at old Safilguda under Malkajgiri Municipality and Mandal, R.R.Dist. Lot No.7 Land admeasuring 88 Sq.yds or 74.40 Sq.Mtrs in Tenali Town Sy.No. 24/5 bearing D.No. 7-5-49 along with shed 454 Sq.ft and other constructions thereon situated at ward No. 9, Block No.1, Tenali Municipality, Guntur District. S.No Property Lot to Date and Time of Auction Reserve Price Earnest Money be sold Deposit (EMD) Amount 1 Lot 1 06.02.2019 Between Rs.12,11,00,000/- Rs.1,21,10,000/- 11.00 am and 12.00 Noon 2 Lot 2 06.02.2019 Between Rs.26,00,000/- Rs.2,60,000/- 11.30 am and 12.30 pm 3 Lot 3 06.02.2019 Between Rs. 24,00,000/- Rs. 2,40,000/- 12.30 pm and 1.30 pm 4 Lot 4 06.02.2019 Between Rs. 23,00,000 Rs. 2,30,000/- 1.00 pm and 2.00 pm 5 Lot 5 06.02.2019 Between Rs. 42,00,000/- Rs. 4,20,000/- 2.30 pm and 3.30 pm 6 Lot 6 06.02.2019 Between Rs. 52,00,000/- Rs. 5,20,000/- 3.00 pm and 4.00 pm 7 Lot 7 06.02.2019 Between Rs. 57,00,000/- Rs. 5,70,000/- 3.30 pm and 4.30 pm * Bid Increment Amount is Rs.5 lakhs for Lot 1 to be auctioned and for others it is Rs.10,000/-. Date & Time of Inspection of the Properties: 30.01.2019 to 03.02.2019 from 11.00 AM to 5.00 PM Last Date for Bid Submission: 04.02.2019 Terms and Conditions of the E-Auction are as under: 1. E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS ” and “WHATEVER THERE IS” basis and will be conducted “On Line”. The auction will be conducted through the Bank’s approved service provider M/S E-procurement Technologies Pvt Ltd, Ahmedabad at the web portal (http: sbi.auctiontiger.net). For detailed terms and conditions of the sale, please refer to the link provided in secured creditor’s website i.e. https://www.sbi.co.in 2. To the best of knowledge and information of the Authorised Officer, there are no encumbrances of the properties. However, the intending bidders should make their own independent inquiries regarding the encumbrances, title of properties put on auction and claims/ rights/ dues/ affecting the property, prior to submitting their bid. The e-Auction advertisement does not constitute and will not be deemed to constitute any commitment or any representation of the bank. The property is being sold with all the existing and future encumbrances whether known or unknown to the bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues. 3. The sale shall be subject to rules/conditions prescribed under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The other terms and conditions of the e-Auction are published in the following website. https://www.sbi.co.in 4. The successful bidder shall have to clear the dues of KIADB ( Karnataka Industrial Areas Development Board), Raichur/Bangalore to renew the lease of the Factory land (Lot No.1) in their favour and they have to comply with all terms and conditions of KIADB in this regard. Hence prospective bidders are suggested to emquire and ascertain the position from the KIADB before participating in the E-auction. The Bank shall not undertake any responsibility in this regard. 5. For inspection and any clarifications the intending bidders may contact the Authorised Officer on Phone No. 040- 23251993 or Bank’s Approved Resolution Agent M/S Goodwill Associates, on Cell Nos.9949901281 or 9392646293. For technical clarifications contact the Bank’s approved service provider M/s. e-procurement Technologies Ltd, Cont No. 079- 40230825/826/827/816 to 824. Email ID :[email protected]. Mr. Bhaskar (Hyderabad) Mobile No: 8341410158, Email ID: [email protected]. for any information on procedure of e-auction. Date : 24.12.2018 Authorized Officer Place : Hyderabad. State Bank of India, SAM Branch (Secunderabad). .
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