Sale Notice for Sale of Immovable Properties

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Sale Notice for Sale of Immovable Properties RACPC/SARFAESI/ Annexure II Appendix – IV-A [See Proviso to rule 8 (6)] 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 property mortgaged/charged to the Secured Creditor, the constructive possession of which has been taken by the Authorised Officer of State Bank Of India, the Secured Creditor, will be sold on “ As is Where is”, As is What is” and Whatever there is” basis on 23.09.2019, for recovery of Rs. 22,24,792 /- Plus Interest and Charges from 07 .08.2019 due to the secured creditor from R.Sagayamary and Mr.George Kennedy (Applicant) .The Reserve price will be Rs.27,50,000/-and the earnest money deposit will be Rs. 2,75,000 the latter amount to be deposited with the Bank on or before 20.09.2019 Immovable property : SCHEDULE ‘A’ All that piece and parcel of Vacant house site land comprised in Survey Nos.19/1 & 19/2, Patta No.1434, as per Patta Sub divided New survey no.19/1A1B “AKASH NAGAR EXTENSION” Approved Planning Permit No.0153/2015, D.Dis.No.0645/2015/A3, dated 16.03.2015,in Plot no.136, measuring an extent of 2400 sq ft. situated at THANDALAM VILLAGE, Sriperumbudur Taluk, Kancheepuram District. Bounded on the North by : Vacant Land South by : 20 Feet Road East by : Plot No.135 West by : Plot No.137 And having a linear measurement of North by : 40 feet South by : 40 feet East by : 60 Feet West by : 60 Feet Admeasuring in all 2400 sq ft Schedule B An Undivided share of 391 sq ft of land in ‘A’ Schedule Property Schedule C A Residential Flat bearing Door No.FF3 at “SKC Enclave Phase-II” First Floor in Schedule-A having a builtup area of 881 sq ft which is inclusive of common area (Stair case, corridor, over head tank, Septic Tank, Ground Floor, First Floor, Second Floor and Open Terrace) with a separate car parking area, as per building approval vide planning permit no.0153/2015, D.Dis.No.0645/2015/A3, dated 16.03.2015, from the commissioner, Kundrathur Panchayat Union at Padappai. Situated within the Registration District of South Chennai and Sub-Registration District of Pammal. (*) specific link created for the particular e-Auction can be mentioned in the Blank. The properties will be sold by e-auction through the bank’s approved service provider sbi.auctiontiger.com under the supervision of the bank. Bharathi Raju-Mobile No.8939000594 (or) through email- sbi.auctiontiger.com . Date: Place: (Name of the Authorised Officer) AUTHORISED OFFICER THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR. Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” Basis Mr. R.Sagayamary and Mr.George Kennedy Name and address of the No.FF3, 1st floor, SKC Enclave Phase – 2, 1 Borrower Plot No.136, Akash nagar Extension, Gerugambakkam, Chennai – 600122 STATE BANK OF INDIA No. 50, AR Plaza, Mount Poonamallee High Road, Name and address of Ayyappanthangal 2 Branch, the secured Chennai - 600 056. Creditor Phone :262792921 Email : [email protected] Flat No.F-3, 1st Floor, “S.K.C. Enclave phase - II”, Plot Description of the No.136, S.No:19/1&2.Akash Nagar immovable secured assets Extension,(Leelavathy Nagar 5th Street) to be sold. Gerugambakkam, Thandalam Village, Sriperumbudur Taluk, Kanchipuram District.comprised in Survey Nos.19/1 & 19/2, patta No.1434 as per patta sub 3 divided new survey no.19/1A1B. and measuring an extent of 2400 sq ft , UDS of 391 sq ft, builtup area of 881 sq ft which is inclusive of common area (stair case, corridor, over head tank, ground floor,second floor and open terrace) with a separate car parking area. Details of the 4 encumbrances known to Nil the secured creditor. The secured debt for 5 recovery of which the HOUSING TERM LOAN property is to be sold EMD: Rs. 2,75,000 /- being the 10% of Reserve price to be remitted by Demand Draft drawn in favour of 6 Deposit of earnest money SBI RACPC Ayyappanthangal drawn on any Nationalised or Scheduled Bank Reserve price of the Rs. 27,50,000/- Immovable secured assets: Bank account in which EMD DD in favour of SBI RACPC Ayyappanthangal to be remitted. 7 Address: No. 50, AR Plaza, Mount Poonamallee High Road, Ayyappanthangal Chennai - 600 056 Last Date and Time within Time : upto 4.00 pm Date : 20.09.2019 which EMD to be remitted: Rs The successful bidder shall deposit 25% of sale price, after adjusting the EMD already paid, immediately, i.e. on the same day or not later than next working day, as the case may be, after the acceptance of the offer by the Authorised Officer, failing which the Time and manner of earnest money deposited by the bidder shall be 8 Payment forfeited. The Balance 75% of the sale price is payable on or before the 15th day of confirmation of sale of the secured asset or such extended period as may be agreed upon in writing between the Secured Creditor and the e-Auction purchaser not exceeding three months from the date of e- Auction. Time and place of public e- 9 Auction or time after which NA sale by any other mode shall be completed. The e-Auction will be conducted through the Bank’s approved service provider. M/s.e Procurement Technologies Pvt Ltd at the e-Auction tender web portal 10 documents containing e- Auction bid form, sbi.auctiontiger.com declaration etc., are available in the website of the service provider as mentioned above (i) Bid increment amount: 25,000/- (ii) Auto extension: 5 mints 11 times. (limited / unlimited) (iii) Bid currency & unit of Rupees (INR) measurement Date and Time during which Date:11.09.2019 Time: 11.00am to 4.00pm inspection of the immovable secured assets to be sold and intending bidders should satisfy 12 themselves about the assets and their specification. Name : Shri K.Sathesh Kumar,Sai Resolution Service Mobile No : 80727 57964 Contact person with mobile number 13 Other conditions (a) Bidders shall hold a valid digital Signature Certificate issued by competent authority and valid email ID (e - mail ID is absolutely necessary for the intending bidder as all the relevant information and allotment of ID and Pass word by M/s. e Procurement Technologies Pvt Ltd may be conveyed through e mail. (b) The intending bidder should submit the evidence of 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 ID card/Driving Licence/Passport etc., (ii) Current Address -proof of communication, (iii) PAN card of the bidder (iv) Valid e-mail ID (v) Contact number(mobile/Land line of the bidder etc., to the Authorised Officer of State Bank of India SBI RACPC No. 50, AR Plaza, Mount Poonamallee High Road, Ayyappanthangal Chennai - 600 056 by date 20.09.2019 and 4.00 pm. Scanned copies of the original of these documents can also be submitted to e-mail Id of Authorised Officer. (c) Names of Eligible Bidders will be identified by the State Bank of India, RACPC, Ayyappanthangal to participate in online e-Auction on the portal sbi.auctiontiger.com M/s. E procurement Technologies Pvt Ltd who will provide User ID and Password after due verification of PAN of the Eligible Bidders (d) The successful bidder shall be required to submit the final prices, quoted during the e-Auction as per the annexure after the completion of the e-Auction, duly signed and stamped as token of acceptance without any new condition other than those already agreed to before start of e-Auction. (e) During e-Auction, if no bid is received within the specified time, State Bank of India at its discretion may decide to revise opening price / scrap the e- Auction process / proceed with conventional mode of tendering. (f) The Bank / service provider for e-Auction shall not have any liability towards bidders for any interruption or delay in access to the site irrespective of the causes. The bidders are required to submit acceptance of the terms & conditions and modalities of e-Auction adopted by the service provider, before participating in the e- Auction. (g) The bid once submitted by the bidder, cannot be cancelled/withdrawn and the bidder shall be bound to buy the property at the final bid price. The failure on the part of bidder to comply with any of the terms and conditions of e-Auction, mentioned herein will result in forfeiture of the amount paid by the defaulting bidder. (h) Decision of the Authorised Officer regarding declaration of successful bidder shall be final and binding on all the bidders. (i) The Authorised Officer shall be at liberty to cancel the e-Auction process / tender at any time, before declaring the successful bidder, without assigning any reason. (j) The bid submitted without the EMD shall be summarily rejected. The property shall not be sold below the reserve price. (k) The conditional bids may be treated as invalid. Please note that after submission of the bid/s, no correspondence regarding any change in the bid shall be entertained.
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