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KAZIPET BRANCH E- AUCTION SALE NOTICE UNDER SARFAESI ACT, 2002 Sale of Immovable /Movable Assets Under the Securitisation and Re

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KAZIPET BRANCH E- AUCTION SALE NOTICE UNDER SARFAESI ACT, 2002 Sale of Immovable /Movable Assets Under the Securitisation and Re KAZIPET BRANCH 1 -1-904,Siddarth Nagar, Kazipet, Warangal District-506004 Phone: 0870-2427555 Mob:8333929418 Email Id:[email protected] E- AUCTION SALE NOTICE UNDER SARFAESI ACT, 2002 Sale of immovable /movable assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002* (hereinafter referred to as the Act). Notice is hereby given to the public in general and to the Borrower/s and Guarantor/s in particular that the under mentioned property mortgaged to Syndicate Bank, the possession of which had been taken by the Authorised Officer of the Bank under S. 13(4) of the Act will be sold by E- Auction as mentioned below for recovery of under mentioned dues and further interest, charges and costs etc as detailed below. The property described below is being sold on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS” under the rule no. 8 & 9 of the Security Interest (Enforcement) Rules (hereinafter referred to as the rules) for the recovery of the dues detailed as under: Name and address of Borrowers & Borrower/Name & address. Guarantors Sri. BODDU RAJAMOULI, S/o SHANKARAIAH, H.No.2-21, Mallikudurla, dharmasagar, Warangal, Telangana -506151 Guarantors: 1. Sri Sri. KUSAM RAMESH, S/o K Rajamouli, H.No. 1-137, GangadeviPalli, Geesugonda, Warangal Dist-506003 (Presently H.No:14-6-74, Mandi bazaar , Warangal) 2. Y NAGESH KUMAR , S/o Y nagabhushanam, H.No.8- 11-143 Konduvari Street, Warangal Chowrasta, Warangal, Telangana-506002 (Presently a. Yellanki Navyasri, D/o Y Nagesh Kumar, H.No.8- 11-143 Konduvari Street, Warangal Chowrasta, Warangal, Telangana-506002 b. Yellanki Shubhasri, D/o Y Nagesh Kumar, H.No.8- 11-143 Konduvari Street, Warangal Chowrasta, Warangal, Telangana-506002 c. Yellanki Tejasri, D/o Y Nagesh Kumar, H.No.8-11- 143 Konduvari Street, Warangal Chowrasta, Warangal, Telangana-506002 d. Yellanki Sarada, W/o Y Nagesh Kumar, H.No: 10- 12-141, Girmajipet, Warangal, Telangana e. Yellanki Kaumudi, D/o Y Nagesh Kumar, H.No: 10- 12-141, Girmajipet, Warangal, Telangana. f. Yellanki Sharan, S/o Y Nagesh Kumar, H.No: 10- 12-141, Girmajipet, Warangal, Telangana. Page 1 of 3 Rs. 89,52,224/- (Rupees Eighty Nine Lakhs fifty Two The total amount due as on 23/09/2019 Thousand and Two Hundred Twenty four only) with future interest and costs till date of payment. Sl. Property Description Reserve Price EMD (in Name of the No. (In Rs.) Rs) Owner / Mortgagor Open Plot to an extent of 470.21 Sq yards 1,30,80,000/- 13,08,000/- Sri kusam 1 out of Sy no 217 of Deshaipet revenue Ramesh Village , (Situated at Ramanadhapuri, and Deshaipet Road) Warangal Dist and Yellanki bounded by Nagesh East: CC Road West: H.No 11-29-257 & 258 of Janaki Devi Rama Devi North: H. No. 11-219-255 South: 30ft Road Details of encumbrances over the property, as Nil known to the Bank Details of outstanding dues of Local Government (Property As decided by the tax, water sewerage, electricity bills, etc., ) known to the concerned authorities Authorized Officer The details regarding E Auction are mentioned below: Date and time of E – Auction On 28/10/2019 between 11:00 A.M. and 1:00 E Auction Website address P.M.https://syndicatebank.auctiontiger.net Last date for submission of bids 21/10/2019 Minimum Bid increment amount Rs.25,000/- Date and time of inspection of property for 24/10/2019 by 5:00P.M. with prior intending purchasers appointment during Office hours Contact details & website address of https://syndicatebank.auctiontiger.net service provider (Name/telephone no./email id/address) M/s. e-Procurement Technologies (ABC Procure), Mr. Ramesh S. Contact No. 079- 40230844/821/816. E-mail id: [email protected] or [email protected]. or Cell No.8341410158 (Bhaskar) e-mail id: [email protected] TERM S AND CONDITIONS 1. The EMD shall be deposited through RTGS/NEFT/Fund Transfer to the credit of A/c No.36083170000011, SyndicateBank Khajipet Branch, IFSC Code: SYNB0003608 before submitting bids online. EMD can also be paid by way of Pay order/Demand Draft in favour of Syndicate Bank payable at Warangal 2. The intending bidders should submit the duly filled in Bid form (format available in the above website) along with the DD/PO/quoting the UTR no. of NEFT/RTGS remittance Page 2 of 3 towards EM D in a sealed cover addressed to the Authorised Officer at Regional Office (Rural), 6-2-915, HMWS & SB Building, West Block, 2nd Floor, Khairatabad, Hyderabad -500004, Telephone No. 040-23311178 23311381/23310943, e-mail id: [email protected] so as to reach the same before 21/10/2019 (last date of submission of bid). The sealed cover should be super scribed with “Bid for participating in E-Auction Sale – in the above mentioned accounts 3. Bidders are advised to visit the Bank’s website www.syndicatebank.in for detailed e- auction notice wherein all the terms and conditions of e – auction sale are furnished. Bidders may also visit the website of service provider or contact them as per the details given above for any clarifications/queries. 4. Intending bidders shall hold a valid Digital Signature Certificate, active email address and PAN number. 5. The undersigned has the absolute right and discretion to accept or reject any bid or postpone/cancel the sale or modify any terms and conditions of the sale without any prior notice and assigning any reason. 6. The sale shall be subject to the terms and conditions prescribed in the Act, Rules and the conditions prescribed in the detailed terms and conditions published in the website. 7. For further details contact the Authorised Officer at Regional Office (Rural), 6-2-915, HMWS & SB Building, West Block, 2nd Floor, Khairatabad, Hyderabad -500004, Telephone No. 040-23311178 23311381/23310943, e-mail id: [email protected] (address and phone number of AO). Please treat this also as a Notice under Rule 8(6) of the Security Interest (Enforcement) Rules 2002 to the borrower(s)/Guarantor(s)/Mortgagor(s) of the secured debt mentioned above regarding holding the said sale on the above mentioned date and time if their outstanding dues mentioned above are not paid in full. The interested bidders are requested to visit the Bank’s Website for detailed terms and conditions of the auction sale which may be read as part and parcel of this advertisement. Date: 23/09/2019 Place: Khajipet Authorized Officer SyndicateBank Page 3 of 3 .
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