PUBLIC NOTICE - AUCTION CUM SALE OF PROPERTIES

Transcription

1 PUBLIC NOTICE AUCTION CUM SALE OF PROPERTIES Sale of Immovable Assets under the Securitisation And Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Notice is hereby given to the public that Asset Reconstruction Company (India) Ltd. (Arcil) is a Securitization and Reconstruction Company registered with the Reserve Bank of India under the provisions of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). Arms is a Division of Arcil. Arcil have acquired from different Banks various Loan Accounts under S.5 of the SARFAESI Act. Offers are invited by the undersigned in sealed cover for purchase of the immovable property on AS IS WHERE IS BASIS and AS IS WHAT IS BASIS as per the brief particulars given hereunder. All this property had been offered as security with respect to the Loan Account of the Borrower maintained with the Deutsche Post Home Finance Limited/ICICI Bank Limited. The said Loan Account now stands assigned to Arcil, in its capacity of the Trustee mentioned hereunder, under the provisions of SARFAESI Act. The properties are to be sold for recovery of the outstanding due against the Loan Account as mentioned hereinbelow. Cases acquired from Deutsche Post Home Finance LTD. Sl.No. Loan Account No. Name of Original Borrower Secured Property Address EARNEST MONEY DEPOSIT (in Rs.) Reserved Price (in Rs.) Date of Inspection Date and Time of Auction 1 BNG/ BNG/ SAMSON PRABHU CHARLES RAVI KUMAR DG Site no.8,house list katha no.203,, HORAMAVU VILLAGE, K R PURAM HOBLI,BANGLOR. (Vacant Site measuring 3, sq.ft.) SITE NO. 14 & 15, BALAJI KRUPA LAYOUT SY NO. 33/1, HEGDE NAGAR, YELAHANKA,BANGALO RE. (Building 2400 Sq ft) 003A / / 003A / / 5th March 5th March 19th March / 3.00 pm 19th March / 3.30 pm Cases acquired from ICICI Bank Limited Sl.N o. Loan Account No. Name of Original Borrower Secured Property Address EARNES T MONEY DEPOSIT (in Rs.) Reserved Price (in Rs.) Date of Inspection Date and Time of Auction GIRISH S. No.48, Property no.28/1(portion), Katha no.465, Kodigehalli village, K.R.Puram hobli, Bangalore east taluk, B A N G A L O R E. (Vacant site measuring East to west ( )/2:, North to South 40 0, Extent 2, sq.ft ) 001C / / 5th March / am

2 NEETH SIDDARTH. No.141, 2nd cross, Om residency layout, Portion of property no.43/1, ward no.15, Kodigehalli village,kr puram hobli, B A N G A L O R E. (Vacant Site measuring East to west 30 0, North to South 40 0, Extent 1, sq.ft) 001C / / 5th March / am T.SUBBA REDDY. R.ALAGIRIS WAMY SRIKANTH SUNDARA SAHPARA No.1192, CMC katha no.998, Hennur village, Kasaba hobli, B A N G A L O R E.(Vacant Site measuring East to west 61 0 :, North to South 40 0, Extent 2, sq.ft) Flat bearing no.pl05, First floor, POLARYK ENCLAVE apartments at CMC nos.37 & 38, sy.no.42/1 of Kowdenahalli village, Shanthi layout,. K.R. Puram hobli, Bangalore. (Super builtup area sq.ft) Flat bearing no.g08, ground floor, GOVINDAM apartments at property Katha no.949/950 & 951,Munnekolala Village,Varthur hobli,bangalore South taluk, B A N G A L O R E.(Super builtup area 1, sq.ft) 001H 001A 001I / / / / / / & 5th March & 5th March & 5th March / am / noon / pm CHIRADEEP BHATTACH ARJEE 408, 3RD FLOOR, THRIBHUVAN'S PARK VIEW, BYATARAYANAPURA, CMC KATHA NO,DODDABOMMASANDRA,YE LAHANKA HOBLI, B'LORE NORTH TALUK.(1083 Sq Ft Super Builtup Area) 001F / / & 5th March / 1.00 pm CHANDRASHE KAR A No.206, Chamarajpet Arts Silk Handloom weavers and Exporters association layout at Sy.Nos.333/1,2,3,4,5 and 334/1, 2 and 335 of Kempapura Agrahara, Chandra Lay out, Bangalore.(Vacant site, East to west 34 0:, North to South 30 0 Extent of plot 1, sq.ft) 001A 3,67,200 36,72,000 / 1.30 pm

3 MURALI KRISHNAN MURALI KRISHNAN KAPIL JAGDISH HUDIYA VINOD.R NITHYA SHYAMRAJ BABU KORBU ANTHONY MARIADASS EDWARD SATYANARAY ANA SETTY B No.287, DADDYS GARDEN layout at sy.no.44/1 & 68 of Kammasandra village, Katha no.3883, Attibele hobli, Anekal taluk, Bangalore.( East to west 40 0:, North to South 60 0 Extent of plot 2, sq.ft) No.269, DADDYS GARDEN layout at sy.no.44/1 & 68 of Kammasandra village, Katha no.3883, Attibele hobli, Anekal taluk, Bangalore.( East to west 40 0:, North to South 30 0 Extent of plot 1, sq.ft) Flat bearing no.b 310, Level three, ITTINA ABHA apartments at sy.no.104/3a of Munnekollalu village,varthur hobli, Bangalore East taluk, Bangalore.( Land component (Undivided share) sft) Flat bearing no.pl 14, Third floor, POLARYK ENCLAVE apartments at CMC nos.37 & 38, sy.no.42/1 of Kowdenahalli village, Shanthi layout, K.R. Puram hobli, Bangalore.( Land component (Undivided share) sft) Flat bearing no.pl 06, First floor, POLARYK ENCLAVE apartments at CMC nos.37 & 38, sy.no.42/1 of Kowdenahalli village, Shanthi layout,. K.R. Puram hobli, Bangalore.( Land component (Undivided share) sft) Flat bearing no.pl 15, Third floor, POLARYK ENCLAVE apartments at CMC nos.37 & 38, sy.no.42/1 of Kowdenahalli village, Shanthi layout,. K.R. Puram hobli, Bangalore.( Land component (Undivided share) sft) No.39, Old no.8, A. No.1 street, Milk Maid Road, Ulsur, Bangalore ( Land area East to west 73 6, North to South 25 0 Extent of plot 1, sq.ft, i.e.1, sq.ft) No.134, 2nd main road, Chamarajpet Arts Silk Handloom weavers and Exporters association layout at Sy.Nos.333/1,2,3,4,5 and 334/1,2 and 335 of Kempapura Agrahara, Chandra Layout, Bangalore.( Land area 001H 001H 001H 001H 001H 001C 001H 001A 4,86,00 0 2,43,00 0 3,40,00 0 1,35,00 0 1,35,00 0 1,29,90 0 6,60,00 0 4,05, ,60,000 24,30,000 34,00,000 13,50,000 13,50,000 12,99,000 66,00,000 40,50,000 / 2.00 pm / 2.30 pm / 3.00 pm / 3.30 pm / 4.00 pm / 4.30 pm / 5.00 pm / 5.30 pm

4 East to west 30 0:, North to South 40 0 Extent of plot 1, sq.ft.) Important Information regarding Auction Process 1 Address of the Company Arcil Arms Office, ARMS Office, Unit No. 305, Kedia Arcade, 3 rd Floor, No.92, Infantry Road, Bangalore Tel: All payments including EMD to be made by way of Demand Draft payable at BANGALORE 2 Website of the Company 6 Name in whose favour Demand Draft(s) to be drawn The name as shown in Trust Column against each property. 3 Contact Persons with Phone Nos. 4 Last date for Submission of Bids Ajit Kumar K. Bhargav Shashidhar Prabhat Chnabdra ( HO) One day before the date of auction. 8 Place for Submission of Bids & Place of Auction` 7 Time of Inspection Between am to 5.00 p.m. ARMS Office, Unit No. 305, Kedia Arcade, 3 rd Floor, No.92, Infantry Road, Bangalore Tel: Intending Bidders may inspect the properties on the date and time as mentioned above WHEREAS the Authorized Officer of the Secured Creditor (Arcil) has decided to dispose off the said properties, this notice of sale is published today that the properties detailed above will be sold on the above prescribed date, time and place. The concerned Borrower/ Mortgagor in particular and the public in general is hereby cautioned and restrained not to deal with the Secured Asset in any manner in terms of Section 13(13) of the said Act and any dealing with the property will be subject to the charge of secured creditor against the Loan Account as mentioned above. The concerned Borrower/mortgagor is given last opportunity to settle the said Loan Account in full, with all interest and charges accrued therein, till one working day prior to the date of auction, failing which this property will be sold as per abovementioned schedule. The particulars in respect of the immovable secured property specified hereinabove has been stated to the best of the information and knowledge of the undersigned, who shall however not be responsible for any error, misstatement or omission in the said particulars. The Tenderers/ Offerers/ Prospective Bidders/ Purchasers are therefore requested, in their own interest, to satisfy themselves with regard to the above and other relevant details pertaining to the above mentioned property before submitting their bids. Terms & Conditions of public auction:

5 1) Sale is strictly subject to the terms and conditions mentioned hereunder as also the terms and conditions mentioned in the offer/ tender document to be submitted by the intending bidders. 2) The property will be sold in As is where is and As is what is condition, including encumbrances, if any. 3) The property under auction can be inspected on the date & time specified above. For any queries with regards to inspection of property or submission of tenders, kindly establish contact at the addresses and/or telephone numbers mentioned above. 4) The offer along with earnest money deposit (EMD) as referenced above should be submitted at the prescribed place on or before the last date for submission of bid as mentioned above. 5) Offers that are not duly filled up or offers not accompanied by the EMD or Offer received after the above date and time prescribed herein will not be considered / treated as valid offers, and accordingly shall be rejected. The Earnest money deposit shall not carry any interest. 6) Along with offer document, the intending bidder shall also attach a copy of the PAN card issued by the Income Tax department AND his/ her identity proof and the proof of residence such as copy of the Passport, Election Commission Card, Ration Card, Driving license etc. 7) In no eventuality the property would be sold below the reserved price. 8) Property shall be sold to the highest bidder / offerer, subject to acceptance of the bid by the secured creditor, i.e., Arcil. However, the undersigned has the absolute discretion to allow interse bidding if deemed necessary, which will take place at the said Place, Date and Time. The undersigned has the discretion to accept or reject any offer / Tender without assigning any reason. 9) The Auction / Inter Se Bidding will also take place at the same place when the Intending bidder may remain present and submit their offers directly and revise their offers upwards. 10) All dues and outgoings, i.e., Municipal Taxes, Maintenance / Society Charges, Electricity and water taxes or any other dues including all overdue in respect of the said properties shall be paid by the successful bidder/purchaser. 11) The successful bidder/purchaser shall have to pay 25% of the purchase amount (after adjusting the E.M.D. already paid) within 2 working days from the acceptance of the offer by the Authorized Officer in respect of the sale, failing which, the earnest money deposit will be forfeited. 12) The balance 75% of the Sale price shall have to be paid within 15 days of conveying the confirmation of the sale to the successful Purchaser by the Authorized Officer or such extended period as agreed upon in writing by and solely at the discretion of the Authorized officer. In the event of the default in payment of the balance 75% of the sale price or any part thereof, within the prescribed period, the amount deposited shall be forfeited and the secured creditor will be at liberty to sell the property once again and the defaulting Purchaser shall forfeit all claims to the property or to any part of the sum already paid towards the purchase thereof. 13) Sale is subject to confirmation by the Secured Creditor. 14) The immovable property described herein above shall remain and be at the sole risk of the successful purchaser in all respects including loss or damage by fire or theft or other accidents, and other risk from the date of the confirmation of the Sale by the undersigned Authorized Officer. The successful bidder shall not be entitled to annul the sale on any ground of whatsoever nature. 15) All expenses relating to Stamp Duty, Registration Charges, Transfer Charges and any other expenses and charges in respect of the registration of the Sale Certificate for the above referred property shall be borne by the successful bidder. 16) The Authorized officer is not bound to accept the highest offer or any or all offers and Arcil, as secured creditor, reserves its right to reject any or all bid(s) without assigning any reasons. In case, the bids are rejected, Authorized officer can negotiate with any of the tendered or intending bidders or other parties for sale of the property by private treaty. 17) No person other than the intending bidders/offerer themselves, or their duly Authorized representative shall be allowed to participate in the auction/sale proceedings.

6 18) The Authorized officer reserves his right to vary any of the terms and condition of this notice for sale, without prior notice, at his discretion. 19) In case, all the dues together with all cost, charges and expenses incurred by the Secured Creditor are tendered by the above name borrower / coborrower till one working day prior to the date of Auction then the property will not be sold and all the bids received from the prospective bidders shall be returned to them without any liability / claim against Arcil. 20) A bidder may, on his own choice, avail the facility of online participation in the auction by making application in prescribed format which is available along with the offer/tender document on the website of the Company. Online bidding shall also take place at website of the Company, and shall be subject to the terms and conditions contained in the tender document. Sd/ Authorized Officer Asset Reconstruction Company (India) Limited