Contact Ph. No's /

Transcription

1 Retail Assets Centre- Vijayawada Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Contact Ph. No's / PUBLIC NOTICE FOR SALE THROUGH E-AUCTION OF IMMOVABLE PROPERTIES Whereas, The Authorized Officer of IDBI Bank Ltd has issued notice under section 13(2) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act herein after termed as SARFAESI Act 2002, calling upon the Borrowers / Mortgagors / Guarantors to repay the amount mentioned in the notice within 60 days of the said notice. Borrowers/Mortgagors/Guarantors having failed to repay the amount the Authorized Officer in pursuant to and in exercise of powers conferred under section 13(4) of the SARFAESI Act, 2002 (the Act) has taken Possession of the mortgaged property on the below mentioned dates. Notice is hereby given to public in general and to borrowers and mortgagors/guarantors in particular, that the Bank has decided to sell the property in exercise of powers conferred under relevant provisions of the Act read with relevant rules of the security interest (Enforcement) Rules, 2002 (Rules) and offers are invited for E-auction under the provisions of the Act read with relevant rules for sale of the following secured assets. The sale will be done by the undersigned through E-auction platform provided at the website Borrower Names & Brief Description of Properties: 1 Borrowers: Shri Pamuleti Varakala S/o V Pedda Narasimhulu Smt. Lakshmi Devi Varakala, W/o Pamuleti Varakala at Flat No.101 & 106 White House, Block-A, Modameedi Palli (V),Kothapalli Panchayat, James Kottala Area, Proddatur, Andhra Pradesh Demand Notice Date: Physical Possession Date: Outstanding: Rs. 15,53,355/- (Rupees Fifteen Lakhs Fifty Three Thousand Three Hundred and Fifty Five Only) as on , plus applicable Interest with effect from plus, incidental Expenses and Charges aggregating thereon. SCHEDULE OF THE PROPERTY (Belonging to Shri. Pamuleti Varakala vide Regd Sale Deed No 6287/2012, Rectification Deed No.4876/2014 and Mortgaged to IDBI Bank Ltd vide Registered Doc No 6082/2014) SCHEDULE A All that piece and parcel of the undivided share which is an extent of sq.yds corresponding to the apartment in White House Block-A, Flat No-101,First Floor being the proportionate share out of the total vacant site of land admeasuring Sq.feet or Sq.Yds situated in Survey No.214/B1,212/A1 situated at Modameedipalli Village, Kothapalle panchayat, Proddatur Taluka/Tehsil, Kadapa District, in the state of Andhra Pradesh, together with undivided share in the land and all the structures thereon and bounded as follows: On the North by: Site of Ankireddypalli Varalakshmidevi and others On the South by: Bhumireddy gangireddy and other sold plots On the East by : 30 feet wide joint rasta On the West by : Site of Chevitipalle Subba Reddy SCHEDULE B Forming part of the SCHEDULE A property herein above square yards share of undivided land in the proposed apartment of WHITE HOUSE, Block-A in the whole of SCHEDULE-A. This undivided portion corresponds to Flat No.101 situated in First Floor of admeasuring 1100 sq.feet including common area and car parking facility situated in ward No.10,Jamespeta area, Survey No.214/B1,212/A1 situated at Modameedipalli Village, Kothapalle panchayat, Proddatur Taluka/Tehsil, Kadapa District, in the state of Andhra Pradesh, bounded by : On the North by: Open corridor and flat no.106 On the South by: Open to sky On the East by : Open to sky after that flat no.102 On the West by : Open to sky Reserve Price : Rs. 16,00,000/- EMD :Rs. 1,60,000/- Bid Increase amount: Rs. 10,000/- Date and time of E-auction : 25th April 2018 Between on am to am

2 2 Borrowers: Smt. Lakshmi Devi Varakala, W/o Pamuleti Varakala & Shri Pamuleti Varakala S/o V Pedda Narasimhulu at Flat No.101 & 106 White House, Block-A, Modameedi Palli (V),Kothapalli Panchayat, James Kottala Area, Proddatur, Andhra Pradesh Demand Notice Date: Physical Possession Date: Outstanding: Rs.18,66,544/- (Rupees Eighteen Lakhs Sixty six Thousand Five Hundred and Forty Four only as on plus applicable Interest with effect from plus, incidental Expenses and Charges aggregating thereon SCHEDULE OF THE PROPERTY (Belonging to Smt Lakshmi Devi varakala vide Regd.Sale Deed no 9672/2012,Rectification Deed No.4877/2014 and Mortgaged to IDBI Bank Ltd vide MOE Dated 09th December 2014) SCHEDULE A All that piece and parcel of the undivided share which is an extent of Sq.feet or sq.yds corresponding to the apartment in White House Block-A, Flat No-106,First Floor being the proportionate share out of the total vacant site of land admeasuring Sq.feet or Sq.Yds situated in Survey No.214/B1,212/A1 situated at Modameedipalli Village, Kothapalle panchayat,proddatur Taluka/Tehsil, Kadapa District, in the state of Andhra Pradesh, together with undivided share in the land and all the structures thereon and bounded as follows: On the North by: Site of Ankireddypalli Varalakshmidevi and others On the South by: Bhumireddy Gangireddy and other sold plots On the East by :30 feet wide joint rasta On the West by : Site of Chevitipalle Subba Reddy SCHEDULE B Forming part of the SCHEDULE A property herein above square yards share of undivided land in the proposed apartment of WHITE HOUSE, Block-A in the whole of SCHEDULE-A. This undivided portion corresponds to Flat No.106 situated in First Floor of admeasuring 1080 sq.feet including common area and car parking facility situated in ward No.10,Jamespeta area, Survey No.214/B1,212/A1 situated at Modameedipalli Village, Kothapalle panchayat, Proddatur Taluka/Tehsil, Kadapa District, in the state of Andhra Pradesh, bounded by- On the North by: Open to sky after that flat no.101(block-b) On the South by: open to corridor and flat no.101 On the East by : open to sky after that flat no.105 On the West by : open to sky. Reserve Price : Rs.14,40,000/- EMD :Rs.1,44,000/- Bid Increase amount: Rs.10,000/- Date and time of E-auction : 25th April 2018 Between on am to am 3 Sale of Bid Document April 09, 2018 to April 24, 2018 from 11:00 a.m. to 4:00 P M Last date for Date and Time of e-auction submission of Bid along with EMD Date: Time: AM to PM TERMS AND CONDITIONS: (1) The auction will be conducted through the Bank's approved service provider M/s Auction Tiger at the web portal E-Auction Tender Document containing online e-auction Bid form, Declaration, General Terms and Conditions of online auction sale are available in website or for any other assistance to parthiv@auctiontiger.net or ap@auctiontiger.net Contact Nos , (2) Only bidders holding valid User ID / Password and confirmed deposit of EMD Amount by way of DD / Pay Order favouring "IDBI Bank Limited" payable at "Vijayawada" shall be eligible for participating in the E-Auction process. (3) The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD of unsuccessful bidders shall be refunded. The EMD shall not bear any interest. The successful bidder shall have to deposit 25% of the sale price on the same day of the auction by adjusting the EMD already paid, upon the acceptance of bid price by the Authorized Officer and balance 75% of the sale price on or before 15 th day of sale or within such extended period as agreed upon in writing and solely at the discretion of the Authorized Officer. The EMD and all the money deposited till such time shall be liable for forfeiture without any prior notice, if the successful bidder fails to adhere to the terms & conditions of Auction Sale or commit any default in any manner, the defaulting bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold. (4) Sale will be subject to confirmation by the Secured Creditor. (5) On receipt of entire Auction Sale proceeds from the Successful Bidder, the Authorized Officer will be issuing Sale Certificate as per the provisions of the

3 Act. On issuance of Sale Certificate, the Auction Sale Process will be completed and the Authorized Officer is not responsible for registration of Sale Certificate. It is the responsibility of the Successful Bidder to get the Sale Certificate registered, if required by him / her. (6) The successful bidder shall bear all Stamp Duty, Registration Fee, incidental expenses etc., for getting the Sale certificate Registered, if required by him / her. The successful bidder shall also bear all Statutory Dues / Taxes / Charges/fees, if any, applicable as per Law and Income Tax Laws and also all dues pending like Electricity Charges, Water Charges, Maintenance Charges and for other services provided, if any. The bidders are hereby advised to make their own enquiries as regards to property and any pending statutory dues/taxes, charges, fees, electricity charges, maintenance charges, etc. in respect of the above properties. (7) The Authorized Officer has absolute right to accept or reject the tender or bid, any or all the offers and has right to cancel or adjourn or postpone the auction without assigning any reason and also to modify any terms and conditions of this sale, without any prior notice. (8) The above properties will be sold in "as is where is", "as is what is", "no recourse" and "no complaint basis" for and on behalf of secured creditor, IDBI Bank Ltd. (9) The Intending bidders are at liberty to make their own independent assessment/enquiry about the title and encumbrances of the property. By submitting the Bid, the bidder shall be deemed to have full knowledge of the condition of the assets, relevant documents, information, etc. whether the bidder actually inspects or visits or verifies or not. The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose, the Bidders may, in their own interest and at their own cost, verify the area of the premises and any other relevant information before submitting the Bids. It shall be presumed that the bidder has satisfied himself/herself about the names, descriptions, particulars, quantities, qualities, specifications, measurements, boundaries and abuttal of the assets/properties and that the bidder concurs or otherwise admits the identity of the assets/properties purchased by him / her, notwithstanding any discrepancy or variation, by comparison of the description in the particulars of the assets/properties and their condition. Authorized officer shall not assume any responsibility with regard to any of the issues mentioned in this regard. (10) Offer received for sale and / or accepted are not transferable. (11) Any dispute regarding this matter would be under Jurisdiction of Courts at Vijayawada only. (12) This publication is also "Fifteen Days" notice required under Rule 6 (2) & 9(1) of Security Interest (Enforcement) Rules, 2002 to the above borrowers / guarantors / mortgagors. (13) Property can be inspected between 11 am. to 4 p.m. from to in working days with prior intimation to IDBI Bank Ltd, Door No: 5/502,Ground floor, Gandhi Road, Proddatur. Phone: /63 Place: Vijayawada Date: April 09, 2017 Sd/- Authorised Officer

4 BID CUM DECLARATION FORM E-Auction Dated April Main Bidder Details: (Bidder having valid Login ID and Password) Listing ID of the property: User ID: Alias: Name of the Bidder: Father s/spouse s Name: Date of Birth: Occupation: Address: City: Pincode: Country: Phone: ID Proof*: ID Proof No. : Address Proof*: PAN No.*: Joint Bidder Details: Name of the Bidder: Father s/spouse s Name: Date of Birth: Occupation: Address: City: Pincode: Country: Phone: ID Proof*: ID Proof No. : Address Proof*: PAN No.*: Bid Details: Bid Quote: In figures: Rs. In words: Rupees Page 1 of 4 Affix passport size photograph and sign it across. Affix passport size photograph and sign it across. Date of Transaction: NEFT / RTGS Transaction Reference Number: Details of Earnest Money Deposit (EMD)*: Amount Paid: In figures: Rs. In words: Rupees Drawee Bank: Account details for refund of EMD in case of unsuccessful bid: Account No.: Type: IFSC Code: Name of Account Holder (As Appearing in Bank): Bank Name: Branch Signature of the Main Bidder Signature of the Joint Bidder (if any) Note: This document is required to be duly filled in and signed by the bidder and sent along with self attested copies of the documents/proofs marked as asterisk (*) in this form to IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin: to reach us on or before last date of submission of bid, failing which your bid will be disqualified.

5 Date and time of Online Submission of Bid: Page 2 of 4 I/We hereby certify that the informations provided are true and accurate. I/We agree to the terms and conditions of the e-auction. I/We have read, understood and accept the declaration. The joint bidder(s) hereby authorize the main bidder to participate in the e-auction and to complete the auction formalities on his/her behalf. Signature of the Main Bidder Signature of the Joint Bidder (if any) Date and time of Online Submission of Bid: Note: This document is required to be duly filled in and signed by the bidder and sent along with self attested copies of the documents/proofs marked as asterisk (*) in this form to IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin: to reach us on or before last date of submission of bid, failing which your bid will be disqualified.

6 Declarations by the bidder(s): To, The Authorised Officer, IDBI Bank Ltd Retail Asset Centre (Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin : Andhra Pradesh Board Lines : / Page 3 of 4 Dear Sir, I/We, the bidder/s do hereby: 1. State that, I/We have read and understood the terms and conditions of the Sale notice published in the daily newspaper (Vishalandhra & Businnes Standard (Proddatur Zone)) on **April 09, As per the aforementioned Sale notice I have read the detailed terms and conditions of the eauction available in the website website of the e-auction service provider M/s. Auction Tiger listing ID. I/We hereby unconditionally agree to abide by the said terms and conditions and agree to take part in the Online Auction. 2. Declare that, I/We have read, perused and understood all the relevant papers and have carried out my/our own due diligence before submitting my/our bid. 3. Declare that, I/We have made discrete enquiries regarding the property under auction and submitting the application with my/our full consent. In case any information is found to be incorrect, I/We shall not hold the Authorised Officer or Secured Creditor responsible for the same and shall not have any claim whatsoever against either of them. 4. Declare that, I/We have paid the EMD amount as against my/our offer and that the particulars of such payment as given by me/us in the bid form are true and correct. 5. Understand that in case of joint bids, the main bidder has been authorized to act on behalf of Joint bidder (s) and decisions / actions taken by the main bidders will be binding on other joint bidder(s). 6. Declare that, the information revealed by me/us in the bid document is true and correct to the best of my/our belief. I/We understand and agree that if any of the statement/information revealed by me/us is found to be incorrect and/or untrue, the offer/bid submitted by me/us is liable to be cancelled and in such case, the EMD paid by me/us is liable to be forfeited by the Authorised Officer and that the Authorised Officer will be at liberty to annul the offer made to me/us at any point of time. 7. understand that, in the event of me/us being declared as successful bidder by the Authroised Officer in his sole discretion, I/We are unconditionally bound to comply with the Terms and Conditions of Sale. I/We also agree that if my/our bid for purchase of the asset/s is accepted by the Authorised Officer and thereafter if I/We fail to comply or act upon the terms and conditions of the sale or am/are not able to complete the transaction within the time limit specified for any reason whatsoever and/or fail to fulfill any/all of the terms and conditions, the EMD and any other monies paid by me/us along with the bid and thereafter, is/are liable to be forfeited by the Authroised Officer. 8. Understand and agree that, in the eventuality of forfeiture of the amount by Authroised Officer, the defaulting bidder shall neither have claim on the property nor on any part of the sum for which it may be subsequently sold. 9. Understand and agree that, the EMD of all offerer/bidders shall be retained by the Bank and returned only after the successful conclusion of the sale of the Assets. I/we state that I/We have fully understood the terms and conditions of auction and agree to be bound by the same. 10. Understand and agree that, the decision taken by Authorised Officer in all respects shall be binding on me/us. 11. Understand that, communications sent to me from the Authorised officer/bank officials with regards to this auction will be deemed served on me/us. Note: This document is required to be duly filled in and signed by the bidder and sent along with self attested copies of the documents/proofs marked as asterisk (*) in this form to IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin: to reach us on or before last date of submission of bid, failing which your bid will be disqualified.

7 Page 4 of Understand that training on e-auction from M/s. Auction Tiger will be imparted on my request. Post training I undertake to confirm being fully conversant with functionality and process 13. Undertake and agree to abide by the additional conditions if announced during the auction including the announcement of correcting and/or additions or deletions of times being offered for sale. Signature of the Main Bidder Signature of the Joint Bidder (if any) Date and time of Online Submission of Bid: Note: This document is required to be duly filled in and signed by the bidder and sent along with self attested copies of the documents/proofs marked as asterisk (*) in this form to IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin: to reach us on or before last date of submission of bid, failing which your bid will be disqualified.

8 DETAILED TERMS AND CONDITIONS OF SALE NOTICE PUBLISHED IN VISHALANDHRA AND BUSINESS STANDARD (PRODDATUR EDITION) ON for E-AUCTION TO BE HELD on 25-APRIL-2018 BY IDBI BANK LTD THROUGH THE WEB PORTAL: (1) Auction/Bidding shall only be through Online Auction Mode through the website of the Service Provider M/s. Auction tiger, No: , 3rd Floor, Flat No: 301, Span Chambers, Himayat Nagar, Hyderabad, Telangana, by contacting on Helpline No. M: and ID: OR is the service provider for the auction platform. The Bid cum declaration Application is available on Web Portal. (2) Intending Bidders should hold valid address. The Interested bidders shall submit their BID Application through Web Portal (the user ID & Password can be obtained free of cost by registering name with through Login ID & Password, along with the 10% of the Reserve Price towards EMD before the last date & time of submission of bids. Bids below reserve price will not be accepted. (3) After Registration in the Web Portal, the intending bidder should transfer the EMD amount by way of Demand Draft in favour of IDBI BANK LTD payable at Hyderabad (4) The intending bidders should submit the bid online and are required to upload the self attested copies of the following documents in the Web Portal before Last date & time of submission of the bid(s); i) Copy of PAN Card ii) Address Proof iii)identity proof; without which the bid is liable to be rejected. 5) After online submission of the bid form, the bidder/purchaser shall download the auto generated bid cum declaration form&confirmation of E-Auction Training Letter. 6) The duly signed /Self attested copies and completed documents mentioned under point 4 & 5 above are to be sent across to Authorised Officer, IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin: in the envelope superscribed as BID CUM DECLARATION so as to reach us on or before last date of submission of bid, failing which your bid will be disqualified and you will not be allowed to participate in the E-Auction. (7) The interested or qualified bidders who require assistance in creating Login ID & Password, uploading data, submitting bid, training on e-bidding process, may contact Auction tiger, prior to the date of e-auction. (8) The interested bidders for inspection of the property may contact the Branch Manager between 11:00 AM to 4:00 PM on working days before 24-APRIL-2018 by contacting him at the Bank s address and contact numbers mentioned above. (9) The interested bidders who have submitted their bid not below the Reserve Price before last date of submission of bid, shall be eligible for participating in the e-bidding process. (10) The e-auction of above properties would be conducted exactly on the scheduled Date & Time as mentioned above by way of interse bidding amongst bidders. The bidders shall improve their offer at a minimum amount of the Bid Increase Amount against each property. Online Auction shall be for a period 30 Minutes. If a bidder places a bid in the last 5 minutes of closing of the e-auction and if that bid gets accepted, then the auction's duration shall automatically get extended for another 5 minutes. Please note that the auto extension shall be for unlimited times and will take place only if a bid comes in last 5 minutes of closing. If valid bid is not received the auto extension will not take place even if that bid might have come in the last 5 minutes. In case, there is no bid in the last 5 minutes of closing of e-auction, the auction shall get closed automatically without any extension. (11) Neither the Authorised Officer /Bank nor M/s. Auction tiger, Hyderabad shall be liable for any Internet Network problem and the interested bidders to ensure that they are technically well equipped for participating in the e-auction event. (12) The bidder who submits the highest bid amount 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 Authorised Officer/secured Creditor. (13) Draft of Price Confirmation Letter sent through electronic mode to the successful bidder should be duly filled, signed, scanned and sent to the Authorised Officer through electronic mode. (14) The Earnest Money Deposit (EMD) of the successful bidder shall be retained towards part sale consideration and the EMD amount of unsuccessful bidders shall be refunded via.dd/neft/rtgs. The Earnest Money Deposit shall not bear any interest. (15) The successful bidder shall have to deposit 25% of the sale price on the same day, adjusting the EMD already paid, on the acceptance of bid price by the Authorised Officer and the balance 75% of the sale price on or before 15 days of sale or within such extended period as agreed upon in writing by and solely at the discretion of the Authorised Officer by DD /NEFT/RTGS. The EMD and all the money deposited till then shall be liable for forfeiture without prior notice, if the successful bidder fails to adhere to the Terms & Conditions of auction Sale or commit any default in any manner. The defaulting bidder shall forfeit all claims to the assets or to any part of the sum for which it may be subsequently sold. (16) Sale will be subject to Confirmation by the Bank. (17) On receipt of entire Auction Sale proceeds from the Successful Bidder the Authorised Officer will be issuing Sale Certificate as per the format prescribed under the SARFAESI Act. The Sale certificate will be issued in the name of the successful bidders

9 Only. On issuance of Sale Certificate, the Auction Sale Process will be completed and the Authorised Officer is not responsible for registration of Sale Certificate. It is the responsibility of the Successful Bidder to get the Sale Certificate registered, if required by him/her. (18) The successful bidder shall bear all Stamp Duty, Registration Fee, incidental expenses etc., for getting the sale certificate Registered. The successful bidder shall also bear all Statutory Dues/Taxes/Charges/fees, if any. Applicable as per Law and Income Tax Laws and also all dues pending like Electricity Charges, Water Charges, Maintenance Charges and for other services provided, if any. The bidders are hereby advised to make their own enquiries as regards to property and any pending Statutory dues/taxes, charges, fees, Electricity Charges, maintenance charges, etc. in respect of the above properties,. The successful bidder would comply with the section of 194IA of Income Tax Act. (19) The Authorized Officer has absolute Right to accept or reject tender or bid, any or all the offers and has right to cancel or adjourn or postpone the auction without assigning any reason and also to modify any terms and conditions of this sale, without any prior notice. (20) Recovery Suit has been filed against the borrowers mentioned in Auction Notice published in Eenadu and Indian Express on hence original documents are submitted before the Court /Tribunal. Documents can be handed over to successful bidder only after retrieving the same from the Court/Tribunal after obtaining due permission from them (21) The above property will be sold AS IS WHERE IS, AS IS WHAT IS, NO RECOURSE BASIS AND NO COMPLAINT BASIS, AS WHATEVER THERE IS BASIS, for and on behalf of secured creditor, IDBl Bank Ltd. (22) The Intending bidders are at liberty to make their own independent assessment/enquiry about the title and encumbrances of the property. By submitting the Bid, the bidder shall be deemed to have full knowledge of the condition of the assets, relevant documents, information, etc. whether the bidder actually inspects or visits or verifies or not. The bidders shall be deemed to have inspected and approved the Secured Assets to their entire satisfaction and for the purpose, the Bidders may, in their own interest and at their own cost, verify the area of the premises and any other relevant information before submitting the Bids. It shall be presumed that the bidder has satisfied himself /herself about the names, descriptions, particulars, quantities, qualities specifications, measurements, boundaries and abuttal's of the assets/properties and that the bidder concurs or otherwise admits the identity of the assets/properties purchased by him/her, not withstanding any discrepancy or variation, by comparison of the description in the particulars of the assets/properties and their condition. Authorized officer shall not assume any responsibility with regard any of the issues mentioned in this para. (22)All payments aforementioned to be made by the participating bidders only. (23) Offer received for sale and/or accepted are not transferable. (24) Any dispute regarding the matter would be under Jurisdiction of Courts at Hyderabad only. STATUTORY 15 DAYS SALE NOTICE UNDER RULE 8(6) and 9(1) OF THE SARFAESI ACT, 2002 The borrower/ guarantors are hereby notified to pay the sum as mentioned above along with upto date interest and ancillary expenses before the date of Auction, failing which the property will be auctioned/ sold and balance dues, if any, will be recovered with interest and cost. Place : Hyderabad Sd/- Authorised Officer Date : IDBI Bank Ltd. (Secured Creditor)

10 To, To, The Authorised Officer, IDBI Bank Ltd Retail Asset Centre (Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin : Andhra Pradesh Board Lines : Price Confirmation Letter by Bidder(s) Sub: Final bid quoted during e- Auction - Sale of Properties of IDBI Dear Sir, I/We have received confirmation from you with regard to I/We having quoted the highest bid of Rs. /-(Rupees ) for the purchase of the property (enter property details as mentioned in sale notice) during e-auction of the said property held by M/s. auctiontiger, Hyderabad from 09/04/2018 to 24/04/2018. Further we undertake to abide by the terms and conditions of the sale notice published in the daily newspaper (Vishalandhra and Business Standard) on which is also available in the website Yours sincerely, Signature Name of the Bidder (s): User ID: Date: the scanned copy to the Authorised Officer at the following mail ids: (pvv.rao@idbi.co.in CC to kamalam.bharghav@idbi.co.in, ap@auctiontiger.net OR bhaskar@auctiontiger.net and send the signed copy to IDBI Bank Ltd Retail Asset Centre(Retail Recovery), Door No , Sambhav Enclave, Rajagopalachari Street, Governorpet, Vijayawada Pin : Andhra Pradesh).