E-Auction Sale Notice
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STATE BANK OF INDIA KUGALUR BRANCH (02226) E-AUCTION No.2, Kandappa Gounder Street, Kugalur, Gobichettipalayam Taluk, SALE NOTICE Erode District - 638313 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 property/ies mortgaged/ charged to the Secured Creditor, the possession of which has been taken by the Authorised Officer of State Bank of India being the Secured Creditor, will be sold on "As is where is", "As is what is", and "Whatever there is" basis on 26.02.2020, for recovery of Rs.33,65,451/- (Rupees Thirty Three Lakhs Sixty Five Thousand Four Hundred and Fifty One Only) as on 30.05.2019 with interest and costs due to the State Bank of India, from 1) Mrs. N .Jothimani, W/o. Nanthakumar M (Borrower) S.Ganapathipalayam, Savandapur village, Gobichettipalayam Taluk-638313 and 2) Mr. Nanthakumar .M, S/o. Mariyappan (Co- Borrower), S.Ganapathipalayam, Savandapur village, Gobichettipalayam Taluk-638313. DESCRIPTION OF PROPERTIES Item No.01 : The property belongs to Mrs. Jothimani.N, W/o. Nanthakumar M In Erode District, Gobichettipalyam Registration District, Gobi Joint II SRO, Gobichettipalayam Taluk, Savandapur Village ,S.Ganapathipalayam New Natham No.245/15 in which the specific site having a total extent of 946 ½ Sq.ft(87.93 Sq.mt) comprising the following two plots, Plot No.1 : Northern side - 16 ½ Sq.ft., Southern side - 16 ½ Sq.ft., Eastern side - 14 feet, Western side - 14 feet. Total extent of 231 Sq.ft. Bounded by : To the West of North South Anthiyur Main road, To the North & East of the property belonging to G.M.Gangatharan, To the South of East West common Street. Plot No.2 : Northern side - 27 feet, Southern side - 27 feet, Eastern side - 28 feet, Western side - 25 feet. Total extent of 715 ½ Sq.ft. Bounded by : To the West of the property belonging to G.M.Gangatharan, To the west of well and common place, To the North of the house property belonging to Gurusamy Vagaiyara; and To the South East - West common Street; And with the Kallikottai Tiled Shop House building with the buildup area of 231 Sq.ft constructed in plot no.1 and the R.C.C Tars Building with buildup area of 300 Sq.ft constructed in plot no.02. with all amenities thereon. Item No.02 : In Erode District, Gobichettipalyam Registration District, Gobi Joint II SRO , Gobichettipalayam Taluk, Savandapur Village ,S.Ganapathipalayam New Natham No.245/15, Pu .Hec.0.13.5 of which the specific vacant site having a total extent 331 ¼ Sq.ft with east west measurement on the Northern side of 13 ¼ ft ; on the Southern side 13 ¼ ft ; North South measurement on the western side of 25 ft; on the Eastern side of 25 ft. Bounded by : To the South of East -West Street, To the North of the house property belonging to Gurusamy and sithan Vagaiyara; To the East of the House property belonging to Rajammal; To the West of the other house property belonging to Jothimani. with Mamool pathway cart track and other rights attached to and the right of taking carts men and materials through the East West Street; on the northern side of the above site (equivalent to Old SF No.561/C,561/D, Patta No.15) land and constructed a New Building House there on. Reserve Price : Rs.30,20,000/- EMD : Rs.3,02,000/- Bid Multiplier : Rs.10,000/- Encumbrance known to the bank if any : NIL Date and time of e- Auction : 26.02.2020 (Wednesday). 3:00 PM to 5:00 PM with auto time extention of five minutes each, till sale is completed. Inspection of properties : 10.02.2020 (Monday) onwards (From 11.00 a.m to 04.00 p.m). (Contact : 9443326108 & 9445865753) Last date and time for submission of Proof of EMD : 25.02.2020 (Tuesday) upto 4.00 pm The intending purchasers / bidders are required to deposit EMD amount by way of Demand Draft drawn in favour of SBI, Kugalur Branch, payable at Kugalur drawn on any Nationalized or Scheduled Bank. The auction will be conducted online through the Bank's approved service provider M/s.E-Procurement Technologies Ltd (ETL) at their web portal https:// sbi.auctiontiger.net. For detailed terms and conditions of the E-auction sale and for E-Auction tender document containing online e-auction bid form, Declaration etc, please refer to the link provided in https://sbi.auctiontiger.net & https://bank.sbi/web/sbi-in-the-news/auction-notices/sarfaesi-and-others Date : 22-01-2020 Authorised Officer Place : Kugalur State Bank of India 16x16(w) ‘The New Indian Express’ Erode Edition 23-01-2020 (Thursday).