Retail Assets Central Processing Centre (RACPC-Anna Nagar) Block No. 97, AF Block, Ajantha Towers, 4th Avenue, Shanthi Colony, Anna Nagar, Chennai – 600 040 Tel: 044-26210625, Fax: 044-26190522 Email Id. [email protected] . Date: 31/12/2019 E-AUCTION SALE NOTICE SALE OF IMMOVABLE PROPERTY MORTGAGED TO THE BANK UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002. HOUSING TERM LOAN A/C NO. 37907599465 & SBI SURAKSHA A/c No. 37920889136 IN THE NAME(s) OF Mrs. SUMITHA S & Mr. JOEL PAUL WILLIAMS AT OUR 6TH AVENUE, ANNA NAGAR WEST (16284) BRANCH Whereas Mrs. Sumitha S & Mr. Joel Paul Williams, 1. 11 C Block, Thanikachalam Nagar, 1st Main Road, Ponniammanmedu, Thiruvallur, Chennai – 600 110; 2. No. 27, F3, First Floor, Bala Kumaran Nagar, Part – A, Kolathur, Chennai- 600 099; 3. Plot No. C, Flat No. S1, C Block, 2nd Floor, Senthamil Nagar, Kattankolathur Village, Kancheepuram District has borrowed monies from State Bank of India, against the mortgage of the immovable property more fully described in the schedule hereunder and the bank has issued a demand notice under Section 13(2) of the SARFAESI Act, 2002 on 21.05.2019 calling upon the borrowers, to pay the amount due to the Bank, Rs.58,22,321/- (Rupees Fifty Eight Lakhs Twenty Two Thousand Three Hundred and Twenty One Only) as on 20/05/2019 with further interest from 21/05/2019 and incidental expenses, costs, charges etc. within sixty days from the date of the said notice. Whereas the borrower/guarantor having failed to pay the amount due to the Bank as called for in the said demand notice, the Bank has taken possession of the secured asset more fully described in the schedule hereunder belonging to Mrs. Sumitha S & Mr. Joel Paul Williams on 08.08.2019 under Section 13(4) of the Act. Whereas the borrower/guarantor having failed to pay the dues in full, the secured creditor, State Bank of India has decided to sell the under mentioned secured asset in “As is where is” and “As is what is” condition under section 13(4) read with Rules 8 & 9 of the Security Interest (Enforcement ) Rules, 2002. The dues of the borrower as on 30/12/2019 works out to Rs.59,72,970/-(Rupees Fifty Nine Lakhs Seventy Two Thousand Nine Hundred and Seventy Only) with further interest from 31/12/2019 and the incidental expenses, cost, charges etc., within 30 days from the date of this notice, failing which, the bank shall proceed under the Act with the sale of the secured properties to realize the above stated outstanding, with interest and costs. SCHEDULE OF PROPERTY Schedule-A: (Total Property) DISTRICT : KANCHEEPURAM TALUK : CHENGALPATTU VILLAGE : No. 56 KATTANKOLATHUR LAYOUT NAME : SENTHAMIL NAGAR (LP.DTCP.No. 288/99) OLD SURVEY NOs. : 90/1 (Part), 90/2 (Part), 90/3A & 91 PATTA NO : 2261 NEW SURVEY NOs : 90/8, 90/9, 90/10, 90/11, 91/7 & 91/8 Plot Nos. & measuring details are: S.No Plot Nos. Extent 1 3 3780 Sq.ft., 2 4 1800 Sq.ft., 3 5 2413 Sq.ft., 4 6 1500 Sq.ft., TOTAL 9,493 Sq.ft., Plot No. 3 Bounded on the: North by : Plot Nos. 1 and 2, South by : 23 Feet Road and Plot No.5, East by : Vacant Land, West by : Plot No.4 Plot No.4 Bounded on the: North by : Shop Site 1 and plot No.1, South by : 23 Feet Road, East by : Plot No.3, West by : 40 Feet Road Admeasuring: East to West on the North Side : 30 Feet, East to West on the South Side : 30 Feet, North to South on the East Side : 60 Feet, North to South on the West Side : 60 Feet, Plot No. 5 Bounded on the: North by : 23 Feet Road and Plot No.3, South by : Plot No.7, East by : Vacant Land, West by : Plot No.6 Plot No. 6 Bounded on the: North by : 23 Feet Road, South by : Plot No.7, East by : Plot No.5, West by : 40 Feet Road Admeasuring: East to West on the North Side : 30 Feet, East to West on the South Side : 30 Feet, North to South on the East Side : 50 Feet, North to South on the West Side : 50 Feet Schedule-B: As per the Sub-Division Planning Permit No. 1313/2011/A5, dated 23.12.2011, Executive Officer, Maraimalai Nagar Municipality Plot No : Plot No.C Extent : 2261 Sq.ft., Old Survey Nos : 90/1 (Part), 90/2 (Part), 90/3A & 91, New Survey Nos: 90/8, 90/9, 90/10, 90/11, 91/7 and 91/8, LAYOUT : Senthamil Nagar (LP.DTCP.No. 288/99) VILLAGE : No.56 Kattankolathur TALUK : Chengalpattu DISTRICT : Kancheepuram Bounded on the: North by : 23 Feet wide Road and Plot No.B, South by : Plot No.7, East by : Vacant Land, West by : Plot No.D Measuring on the: North Side : 24’0” South Side : 30’6” East Side : 62’9” West Side : 50’6” The above property is situated within the Katankulathur Panchayat Union and Maraimalai Nagar Town Panchayat Limits and within the Registration District of Chengalpet and Registration Sub-District of Joint II Chengalpattu. Schedule-C: (Property hereby conveyed) 542 Square Feet (50.37 Square Meter) undivided share of land in ‘B’ Schedule mentioned property having a built-up area of 1267 Square Feet (including common area) with Car Parking, R.C.C. Terrace Building in Second Floor, Flat No. S-1, ‘C’ Block, Plot No.C, Senthamil Nagar, Kattankolathur, Chengalpattu Taluk, Kancheepuram District, (UDS Registration Shall be made separately). DETAILS OF SALE Date and time of e-Auction 12.02.2020 (Wednesday) between 10.30 a.m to 11.30 a.m. With auto time extension of five minutes each till sale is completed Reserve Price Rs.38,70,000/-(Rupees Thirty Eight Lakhs and Seventy Thousand Only) Earnest Money Deposit Rs.3,87,000/-(Rupees Three Lakhs and Eighty Seven Thousand Only) EMD Remittance Deposit through “DEMAND DRAFT” in favour of ‘STATE BANK OF INDIA, RACPC, ANNA NAGAR, CHENNAI’. Bid Multiplier Rs.39,000/-(Rupees Thirty Nine Thousand only) Inspection of property 16.01.2020 and 23.01.2020 from 11.00 a.m. to 03.00 p.m. Submission of online bid application 06.01.2020 (Monday) by 10.00 a.m. with EMD Last date for submission of online bid 11.02.2020 (Tuesday) by 04.00 p.m. application with EMD Page 2/3 Terms and Conditions 1. E-Auction is being held on “AS IS WHERE IS” and “AS IS WHAT IS BASIS” and will be conducted “On Line”. The auction will be conducted through the Bank’s approved service provider M/s C1 India Pvt. Ltd at the web portal https.//bankauctions.com. E-Auction Tender Document containing online e-auction bid form, Declaration, General Terms and Conditions of online auction sale are available in websites https://www.bankeauctions.com 2. To the best of knowledge and information of the Authorized Officer, there is no encumbrance on 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 Authorized Officer/ Secured Creditor shall not be responsible in any way for any third party claims/ rights/ dues.. 3. The intending bidder should submit the evidence for EMD deposit like UTR number along with Request Letter for participation in the e- auction, self-attested copies of (i) Proof of Identification (KYC) viz. Voter ID Card/ Driving License/ Passport etc.,(ii) Current Address-Proof for communication, (iii) PAN card of the bidder, (iv) valid e-mail ID, (v) contact number (Mobile/Landline) of the bidder etc. to the Authorized Officer of STATE BANK OF INDIA, RACPC Anna Nagar, Block No. 97, AF Block, Ajantha Towers, 4th Avenue, Shanthi Colony. Anna Nagar, Chennai- 600040. Scanned copies of the original of these documents can also be submitted to e-mail id of Authorized officer.. 4. Names of the eligible bidders, will be identified by the STATE BANK OF INDIA, RACPC Anna Nagar, Chennai 600 040 to participate in online e-auction on the portal https://www.bankeauctions.com. M/s C1 India Pvt. Ltd will provide User ID & Password after due verification of PAN of the Eligible Bidders.. 5 It shall be the responsibility of the interested bidders to inspect and satisfy themselves about the property before submission of the bid. 6. The e-Auction/bidding of above properties would be conducted exactly on the scheduled Date & Time as mentioned against each property by way of inter-se bidding amongst the bidders. The bidder shall improve their offer in multiple of the amount mentioned under the column “Bid Increment Amount” against each property. In case bid is placed in the last 5 minutes of the closing time of the e-Auction, the closing time will automatically get extended for 5 minutes. The bidder who submits the highest bid amount (not below the Reserve Price) on closure of e-Auction process shall be declared as Successful Bidder and a communication to that effect will be issued through electronic mode which shall be subject to approval by the Authorized Officer/ Secured Creditor.