Regional Office ( City )
6-2-915, HMWS & SB Admin Building
West Block, 2nd Floor, Khairatabad
Hyderabad – 500 004
(Tel No.040-23311943 Fax – 040 - 23311113)
Email:
ap.3053hydro@syndica
tebank.co.in
RECOVERIES CELL
Ref No. 273/e-Auction/3053/ROCH/F 1149/2014
Date:15.02.2014
e-AUCTION SALE NOTICE UNDER SARFAESI ACT, 2002
Sale of immovable / movable assets under Securitisation and Reconstruction of
Financial Assets and Enforcement of Security Interest Act, 2002. Pursuant to the
notice issued U/s 13 (2) of the above Act, the possession of the below mentioned
properties were taken on behalf of Syndicate Bank, by the Authorized Officer of the
Bank.
Whereas the Authorized Officer of the Bank has decided to sell the properties
described herein below on “AS IS WHERE IS, WHAT IS THERE IS AND
WITHOUT ANY RECOURSE BASIS” under rules 8 & 9 of the said Act.
Borrower/s Name and Address;
a)Smt Avirineni Paramahansa
W/o Sri Seshagiri Rao
H No.2-106, Flat No. 102
Road No.8
Sobhana Colony
Balanagar
Hyderabad-500 042
b)Sri A Seshagiri Rao
S/o Sri Surya Narayana
H No.2-106, Flat No. 102
Road No.8
Sobhana Colony
Balanagar
Hyderabad-500 042
Total Due + Interest, Cost etc from
thereon
Guarantor/s Name and Address:
Capt Smt Ushasree Kumar (Retd)
W/o Lt Col Sri Suresh Kumar (Retd)
H No.1-4-160/110/1
O U T Colony
Sainikpuri
Secunderabad-500 594
`4,70,994.00 as on 31.01.2012
(With future Interest & Costs)
Name of the Owner / Mortgagor
Mrs Avirineni Paramahansa
Description of the Immovable /
Movable Properties
All that the Flat No.401 in 4th Floor of
Nomula Residency with a plinth area
of 1065 Sq ft including common area
together with undivided share of land
27 Sq yards or 22.57 Sq mtrs out of
1944 Sq yards on Plot Nos. 219, 220,
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Inspection Date & Time of the Property
Date & Time of e-Auction
221 & 222 (Old Nos.46, 47, 50 & 51) in
Sy Nos. 20 to 26 situated at
Mangapuram New Housing Colony,
Meerpet Village, Kapra Municipality,
Uppal Mandal, R R District bounded
by:
North: Open to sky
South: Flat No.414
East: Common Passage & Flat
No.402
West: Open to sky
12.03.2014 & 13.03.2014
on or before by 2.00 pm
27.03.2014 from 12.00 noon to 2.00 pm
with unlimited extension of 3 min.
Reserve Price of the property
` 13,10,000/-
E M D of the property
` 1,31,000/-
Last Date / Time for submitting the Bid
20.03.2014 by 2.00 pm
TERMS AND CONDITIONS
1. The auction sale will be Online e-Auction / Bidding through website
http://syndicatebank.abcprocure.com on 27.03.2014
(Date) from
12.00 noon to 2.00 pm (Time) with auto extension of 3 minutes
duration each.
2. Intending bidders shall hold a valid Digital Signature Certificate, e-mail
address and PAN Number. For details with regard to Digital Signature
Certificate, please contact M/s. e-Procurement Technologies (ABC
Procure), Mr Ramesh S. Contact No. 079-40230844 / 821 / 816. , e-mail id:
[email protected]
or
[email protected].
3. Bidders are required to go through the website http://syndicatebank.
abcprocure.com and also the website www.abcprocure.com
for detailed terms and conditions of auction sale before submitting their bids
and taking part in the e-auction sale proceedings.
4. The particulars specified in the description of property have been stated to
the best of information of the Bank and the Bank will not be responsible for
any error, mis-statement or omission.
5. Prospective bidders may avail online training on e-auction from M/s eProcurement Technologies Limited, (ABC Procures), B-704-705, Wall
Street-II, Opp. Orient Club, Nr. Gujarat College, Ellisbridge, Ahmedabad,
079-40230844 / 813 / 814 / 815 / 816 / 817 / 818 / 819 / 820 / 821 / 822 /
823 / 824 Mob no. 9898745874 / 9978591888, e-mail id:
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[email protected]
,
[email protected] , [email protected].
6. Bids shall be submitted through Online / Offline in the prescribed format with
relevant details.
7. The last date for the submission of Online / Offline bid is on 20.03.2014.
8. Earnest Money Deposit (EMD) shall be deposited through RTGS / NEFT /
Fund Transfer to the credit of A/c No. 30483170000044,
Syndicate Bank, AFS Begumpet Branch, Hyderabad, IFSC Code:
SYNB0003048 before submitting bids online. EMD can also be paid by way
of Pay Order / Demand Draft in favour of Syndicate Bank Payable at
Hyderabad.
9. A copy of the bid form along with enclosure submitted online shall be
forwarded to Authorized Officer at City Regional Office, 6-2-915, HMWS &
SB Building, West Block, 2nd Floor, Khairatabad, Hyderabad -500004,
Telephone
No.
040-23311943,
e-mail
id:
[email protected] (Address of AO) so as to reach on or
before 20.03.2014 (date) or soft copy of the same to RO City, Hyderabad
by e-mail.
10. The bid price to be submitted shall be above the reserve price and bidders
shall improve their further offers in multiples of `10000.
11. The successful bidder shall have to pay 25% of the purchase amount
( including Earnest Money already paid ), immediately on closure of the
e-auction sale proceedings through the mode of payment mentioned
in Clause (8).
12. The balance amount of the purchase money shall be paid to the Authorized
Officer of the Bank on or before 15 th day from the e-auction or such
extended period as agreed upon in writing by the Authorized Officer. In
default of payment within the said period, the sale will automatically stand
revoked and the entire deposit made by the bidder together with the earnest
money shall be forfeited. Without any notice the property shall be resold.
13. The EMD of the unsuccessful bidders will be returned on the closure of the
e-auction sale proceedings.
14. The sale is subject to confirmation by the Bank. If the borrower / guarantor
pays the amount due to the Bank in full before date of sale, no sale will be
conducted.
15. The property is sold in “AS IS WHERE IS, WHAT IS THERE IS AND
WITHOUT ANY RECOURSE BASIS” in all respects and subject to
statutory dues if any. The intending bidders should make discrete enquiry
as regard any claim, charges / encumbrances on the
properties, of any
authority, besides the Bank’s charges and should satisfy themselves
about the title, extent quality and quantity of the property before submitting
their bid.
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16. No claim of whatsoever nature regarding the property put for sale, charges /
encumbrances over the property or on any other matter etc., will be
entertained after submission of the online bid.
17. The undersigned has the absolute right and discretion to accept or reject
any bid or postpone / cancel the sale or modify any terms and conditions of
the sale without any prior notice and assigning any reason.
18. The successful bidder shall bear the stamp duties, charges including those
of sale certificate, registration charges, all statutory dues payable to
government, taxes and rates and outgoing, both existing and future relating
to the properties. The Sale Certificate will be issued only in the name of
the successful bidder.
19. The intending purchasers can inspect the property with prior appointment
at his / her expenses on the time and date mentioned above. For
inspection of the properties please contact our AFS Begumpet Branch,
Hyderabad (Contact details with Phone Nos. 040-27756969, Mobile No.
9440905036 and e-mail id [email protected]
20. The sale is subject to the conditions prescribed in the Sarfaesi Act,
2002
and the conditions mentioned above.
21. For further details contact the Authorized Officer, Syndicate Bank,
Regional Office City, 6-2-915, HMWS & SB Building, West Block, 2 nd
Floor, Khairatabad,
Hyderabad – 500 004, Ph Nos. 040 - 23311943,
Mobile No. 9440905490 and e-mail ID No.
[email protected]
Place: Hyderabad
Date: 15.02.2014
Authorized Officer
SyndicateBank