Embed Size (px)
Citation preview
Details of Mega E-auction 28.02.2020
Terms and Conditions
1) The property will be sold by e-auction through the Bank’s approved
service providers as published in paper under the supervision of the
Authorised Officer of the Bank.
2) E-Auction bid document containing online E-Auction bid form,
declaration, general terms and conditions of online auction sale are
available in our service provider’s website.
3) Intending bidders shall hold a valid digital signature certificate and email
address and should register their name/account by login to the website of
the aforesaid service provider. They will be provided with user id and
password by the aforesaid service provider which should be used in the E-
Auction proceedings. For details with regard to the digital signature,
please contact the service provider as mentioned in the paper.
4) Bids in the prescribed formats shall be submitted “online” through the
portal of our respective service providers along with the EMD and
scanned copy of KYC documents including photo, PAN card & address
Date and Time of E –
Auction
28.02.2020 between 12:00 Noon and 01:00 PM
with auto extension of 5 minutes each till sale is
completed
Submission of Online
application starts from
11.02.2020 onwards
Reserve Price & EMD Pls refer to Mega Sale Notice published in Deccan
Herald & Prajavani on 11.02.2020
(1 % TDS on the highest bid Amount to be paid by the bidder separately)
EMD Remittance Deposit through EFT/NEFT/RTGS Transfer in favour
of “IOB Bangalore City Branch” to the credit of
Account No 001102000055555, Indian Overseas
Bank, Bangalore City Branch having Branch code
0011 IFS Code IOBA0000011
Bid Multiplier Rs 10,000/-
Known Encumbrance if
any
NIL
proof to the service provider and the Authorised Officer before 5.00 PM on
27.02.2020
5) The EMD and other deposits shall be remitted through EFT/NEFT/RTGS
transfer to the Bank account as specified in the paper publication and
the amount of EMD paid by the interested bidders shall carry no interest.
The amount of EMD paid by the successful bidder shall be adjusted
towards the sale price.
6) Bids without EMD shall be rejected summarily.
7) Online auction sale will start automatically on and at the time as
mentioned above. Auction / bidding will initially be for a period of 10
minutes with auto extension time of 5 minutes each till the sale is
concluded.
8) The property shall be sold to the successful bidder. The successful bidder
(purchaser) as declared by the Authorised Officer shall deposit 25% of the
sale price (inclusive of the EMD) immediately on the same day and not
later than the next working day. The balance amount of sale price shall
be paid within 15 days from the date of confirmation of auction sale.
Failure to remit the entire amount of sale price within the stipulated period
will result in forfeiture of deposit of 25% of the bid price to the secured
creditor and forfeiture of all claims over the property by the purchaser
and the property will be resold.
9) The sale certificate will be issued in the name of the purchaser only, after
payment of the entire sale price amount and other taxes/charges, if any.
10) The purchaser shall bear the charges/fee payable for conveyance such
as registration fee, stamp duty, etc., as applicable as per law.
11) The Authorised Officer has the absolute right to accept or reject any bid
or postpone or cancel the sale, as the case may be without assigning any
reason whatsoever.
12) The property is being sold on “as is where is”, “as is what is” and
“whatever there is” basis. The Bank has disclosed only the known
encumbrances, statutory liabilities. If any, as above and it is for the
purchaser to make their own independent enquiries at their own costs
before participating in the auction.
13) As regards the statutory dues stated above, Bank dues will have priority
over statutory dues. Without prejudice to the above, Statutory liability, if
any, shall be borne by the purchaser and the Bank assumes no
responsibility in this regard.
14) Sale is subject to confirmation by the secured creditor.
15) EMD of unsuccessful bidders will be returned through EFT/ NEFT/ RTGS
transfer to the Bank account details provided by them in the bid form and
intimated via their e-mail id.
16) The E-Auction advertisement does not constitute and will not be deemed
to constitute any commitment or any representation by the Bank. The
Authorised Officer/ Secured Creditor shall not be responsible in any way
for any third party claims/ rights/ dues.
17) * In compliance with Section 194 IA of the Income Tax Act, 1961 income
tax @1% on the Reserve Price shall be deducted and paid under the PAN
Number of the Purchaser. Hence, the Successful bidder has to pay 1% of
Income Tax on the bid amount separately.
**In case of any sale / transfer of immovable property of Rupees Fifty Lacs
and above, the transferee has to pay an amount equal to 1% of the
consideration as Income Tax.
For further details regarding inspection of property / e-auction, the intending
bidders may contact the respective Branch Managers & Service providers as
published in the paper.
Sd/-
FOR INDIAN OVERSEAS BANK
AUTHORISED OFFICER
1
Indian Overseas Bank
Regional office
3rd Floor, Lakshmi Narayanan Complex, 10/1 Palace Road,
Vasanth nagar, Bangalore- 560052
Ph no: 080-22950320 / 9448824054
Email ID : [email protected]
SALE NOTICE FOR SALE OF IMMOVABLE SECURED ASSETS
[Under Proviso to Rule 8(6) of Security Interest (Enforcement) Rules]
--------------------------------------------
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/physical
possession of which has been taken by the Authorised Officer of Indian Overseas Bank, Secured Creditor, will be sold on
“As is where is”,”As is what is”, and “Whatever there is” on 28.02.2020, for recovery of the below mentioned dues to the
Indian Overseas Bank, Secured Creditor from the below mentioned Borrowers . The reserve price will be as mentioned
below (1% Income Tax on sale consideration of above Rs.50 Lacs to be borne by the successful bidder separately) and
the earnest money deposit will be as mentioned below:
2
S.no Branch Account name
Name of Borrower/
Company (including
name of Proprietor/
Partner/ Director/
Guarantor
Loan account
number
Outstanding Dues
(in Rs.) Security Details Reserve Price
EMD/ EMD
Account
Details/ IFSC
Code
3
1 Bannerghatta
080-22950120/121
Mob : 9003334214
N
Basaveshwara
& G Pushpa
N Basaveshwara & G
Pushpa
HL -
160503351500018 37,50,673.28
All that part and
parcel of Northern
Portion of the House
property (GF+3)
bearing House list no :
32, Khatha no : 72 &
71/7, Bommanahalli
New Khatha no : 164,
Present BBMP Katha
No : 603/72 & 71/7/32,
Venkatarayappa
Layout, Hongasandra
Village, Begur Hobli,
Bangalore South
Taluk, Bangalore –
560068.
Measurement :
Total area of the site –
600 sqft
East to West – 40
feet
North to South - 15
feet
Bounded on :
East by : Road 25 ft
West by : Property no :
33
North by : Property no
: 35
South by : Southern
portion of same
property no : 32
The property is in the
name of Mr. N
Basaveshwara and G
Pushpa.
37,00,000.00 3,70,000.00
4
2
Bannerghatta
080-22950120/121
Mob : 9003334214
G N Komala &
K N Venkatesh
Prasad
G N Komala &
K N Venkatesh Prasad
RSUBH - 160503351300037
TL - 160503461300004
24,75,768.48
All that piece and parcel
of A Residential 2 BHK
Flat bearing No.302, Third
Floor, “Valley View
Residency”, New Site
No.244, Old Site Nos. 242,
243 & 244, Sy Nos.122,
125/2, 125/3, 125/4, 125/5
& 131/2 situated at
Queen Valley Layout, Off
Attibele – TVS Road,
Ballur Gate, Ballur
Village, Attibele Hobli,
Anekal Taluk, Bangalore
Measurement :
Saleable area as per
deed – 1027 SqFt
Undivided Share – 366
SqFt
Boundaries of the
Apartments :
East - Site No.235, 236 &
237
West - 40 Feet Wide
Road
North - Site No.245
South - Site No.241
Boundaries of the Flat :
East - Staircase, Lift
and Cut Outs
West - Open to Air
North - Flat No.303
South - Flat No.301
This property is in the
name of Mrs G N
Komala, Mr K N
Venkatesh Prasad
18,90,000.00 1,89,000.00
5
3
Kollegal
08224-252839
Mob : 8073234662
P Chetan P Chetan HL -
283903351500001 10,88,240.60
All that piece and parcel
of Residential
house(Single Storey)
property bearing Site
No.5, Assessment
No.1101/A, Old no.1101
situated at Linganapura,
Kollegala,
Chamrajanagar - 571440
Measuring East to West -
16.91 Mtrs, North to South
: 9.52 Mtrs
Total Extent of Site :
122.09 Sqmtrs (After
deduction of road
margin) or 1314.16 Sqft
approx.
Boundaries :
East - Site No.4, West :
Private property, North :
Private property and
South : Road
Property is in the name of
P chetan
16,50,000.00 1,65,000.00
4
J P N Nagar Mysore
0821-2417190
Mob : 9483811832
S
Sathyanarayana
Moorthy
S Sathyanarayana
Moorthy
TL -
154103708000014 4,81,850.42
All that piece and parcel
of Residential Mangalore
Tiled Old House property
(Single Storey) bearing
Municipal DNo.1047/8,
New
No.1047/8A/F6A,situated
at 2nd Main, 5th Cross,
Vidyaranyapuram, Khile
Mohalla, Mysore
City:570001. Measuring
:East to West : 20 feet,
North to South : 15 feet ;
total extent : 300 Sqft
Boundaries :
East: Common passage
after that property of
Chikanna, West :
Property of Puttalamma,
North : Property of
Kunaiah, South :
11,00,000.00 1,10,000.00
6
Property of N
Pushpavathi
owned by S
Sathyanarayana
Moorthy
5
Chikkatirupathi
08151-238401 Mob :
9535102702
K Prema K Prema HL -
293903351300002 10,47,229.82
All that piece and
parcel of House
Property (GF + FF+SF)
bearing Site No.4,New
Chikkatirupathi V P
Katha No.4/4,
Sampangere Village,
Chikkatirupathi
Gramapanchayati,
Lakkuru Hobli, Malur
Taluk, Kolar District-
563160
Measurements :-
East to West : 50 feet
North to South : 55
feet
Total Site Area : 2750
Sqft
Bounded by :-
East : Vacant Site of
Mr Pillaiah
West : Road
North : Vacant site of
Mr S K Nagaraju
46,00,000.00 4,60,000.00
7
South : Vacant Site of
Mr S K Madappa
This property is in the
name of K Prema
6
ARMB
(Banashankari II Stage)
080 - 22950128/129
Mob :
9949563406/9703286666
Rangaramu & T
N Suma Rangaramu & T N Suma
HL -
129803351200022 54,75,682.00
All that piece and parcel
of residential apartment
Flat No.S-3, 2nd floor,
VAS Residence, Site
No.41 & 46, Katha No.84,
Sy No.84/2 Venugopal
Reddy layout, DVG
Road, Arakere Village ,
Begur Hobli, Bangalore -
76 Measurement :
Super built up area -1068
Sqft ; UDS - 270 Sqft
Boundaries :
East - private property
West - Road
North - private property
South - Purushotham
reddy's property
Property is in the name of
Rangaramu
31,50,000.00 3,15,000.00
8
7
ARMB
(Bannerghatta Rd
branch)
080 - 22950120 / 121
Mob : 8220635280
V S Sudha
V S Sudha (deceased)
Legal hiers :
1)Mr Vellakal Sukumaran
2)Mrs Lalithamma
RSUBH -
160503351400010
41,64,346.00 +
interests and costs
thereon
All that piece and parcel
of Residential Building
consisting of Ground
Floor, First Floor and
Second Floor bearing
Site No.26, Sy No.105/5,
Municipal No.105/5/26,
BBMP Katha
No.40/39/37/39/105/5/26,
CMC katha No.37,
Hongasandra Village,
Begur Hobli, Bangalore
South Taluk, Bangalore
Measurement:
East to West - 20 SqFt
North to South – 28 SqFt
Total Extent of the Site –
560 SqFt
Constructed Area:
GF – 500 SqFt
FF – 500 SqFt, SF – 500
SqFt
Total Constructed Area –
1500 SqFt
Bounded by :
East – Property belonging
to Ramakrishnappa
West – Road
North – Temple/Mata
South – Portion of South
Side Site No.26 Property
owned by VS SUdha
37,80,000.00 3,78,000.00
9
8 Mysore Bhogadi
0821 - 2417112
Mob : 8234282021
C Sandeep C Sandeep LAP -
256703453000002
14,91,986.11 +
interests & costs
thereon
All that piece and parcel of Site No.7,Janjar No.70,3rd
stage Dattagalli Layout, Chamraja Mohalla,
Mysore.
Site measuring 1998.85 Sqft
Boundaries:
East by : Remaining Property of the applicant
West by : Halla North by : Road
South by : Remaining Property of the applicant
This property is in the
name of Mr Sandeep C S/o Mr Chandrashekar.
37,15,400.00 3,71,540.00
10
9
ARMB (Kuvempunagar)
0821-2417188/189
/ 9949563406
M/s Sri Velapuri
Pharma, Sri
Velapuri
Agencies
Proprietor : Sudhindra CC -
188802000000220
40,01,208.00 +
interests and costs
thereon
All that piece and parcel
of Residential vacant
property bearing Site
No.46 situated at Khatha
Janjar No.31/17, Yelwala
Gramapanchayat,
Karakanahalli Village,
Yelwala Hobli, Mysore
Taluk
Measurement :
East to West – 12 Mts
North to South –
(10.3+11)/2 Mts
Total Extent of the Site –
127.8 Sq Mtrs/1375.12
SqFt
Bounded by :
East – Site No.47
West – Site No.45
North – Road
South – Private Land
This property is in the
name of Mr Sudhindra
Site No 46-
8,80,000.00
Site No 46-
88,000.00
10
ARMB (Banashankari II
Stage)
080 - 22950128/129
Mob : 9949563406/
9703286666
Palaniyappan L Palaniyappan L HL-
'297403691400001 26,03,671.58
All that piece and parcel
of residential apartments
, flat no. T-99, 3rd floor,
SDR Castel New No.3,
Khaneshumari/ House List
No.20,21 &22/10,
Municipal No.3/10, PID
No.87-85-3/10, 3rd cross,
VST Road, Sonnappa
Layout, Lingarajapuram
Village,Bangalore.
Measurement : Built up
area 1850 Sqft , UDS 425
Sqft Boundaries :
East by - Road
West by -Khaneshumari
No.27,28 & 29
North by - Khaneshumari
No.23
72,00,000.00 7,20,000.00
11
South by - Khaneshumari
No.23
This property is in the
name of Stephen Dilipraj
11 ISRO View
080-22950145/147
Mob : 9944776380
M/s KAM 1
Constructions
& Interiors Pvt
Ltd
Mr.Shreedharan
(Director) Mrs. H. P.
Ashwini (Director) V
Muralidharan
(Guarantor/Mortgagor)
CCMCC
'106133000000003' Rs 42,45,666.75
All that piece and
parcel of Vacant site
property. with a small
house building
bearing No. 171, Old
No 44-E having PID
No. 85-38-171 and
New PID No.079-
W0052-16 situated at
Doddagunta, Cox
Town, Sarvagna
Nagar, Bengaluru
along with passage
within the limits of
BBMP
Measurements :
East to West : 35 ft
North to South : 40 ft
Total Extant of Site :
1400 Sqft
Boundaries :
East by : Corporation
Drain
76,54,000.00 7,65,400.00
12
West by : Property
belonging to Sri
Laxmanan
North by : Property
belonging to Sri
Joseph
South by : Road
This property is owned
by Sri V Muralidharan
13
12 Mysore Main 0821-
2417178/180 Mob :
9995308990
1) M/s J K
Engineering
Works ;
2) M/s N K
Steel Traders
3) Salauddin
Proprietor : Salauddin
CC ETF –
006102000010184
CC ETF –
006102000010180
HL –
006103351300005
CC ETF –
006102000010184
: Rs 19,20,188.04
CC ETF –
006102000010180
: Rs 14,54,998.82
HL –
006103351300005
: Rs 9,41,339.00
Total O/s : Rs
43,16,525.86
All that piece and
parcel of the
scheduled property
bearing House No. LIG
-1-12, 1st Cross, A J
Block,
Mahadevapura,
Gandhinagara,
Lashkar Mohalla,
Mysore
Measurements :-
East to West : 30 feet
North to South
towards eastern side :
49 feet
Towards western side :
68 feet
total area: 1755 Sqft
Bounded by :
East by : commercial
property No.1
West by : Road
North by : House
property No.13
South by : Udayagiri
Main Road
This property is owned
by Mr Salauddin S/o
Late Nawab Jan
85,00,000.00 8,50,000.00
Date and Time of Auction – 28.02.2020 between 12:00 Noon and 01:00 PM
Bid Increase Amount – Rs. 10,000/- Auto Extension of – 5 Minutes
Known Encumbrance if any – NIL
Inspection Date and Time - The property can be inspected on any working day between 10.00 am and 6.00 pm. Please contact
the Branches as mentioned above in this regard.
Submission of online application for Bid with EMD starts from : 11.02.2020
14
Last date for submitting bid – 27.02.2020 before 5.00 pm
Known Encumbrance if any – NIL
For Detailed terms and conditions please visit :
www.iob.in [https://www.iob.in/TenderDetails.aspx?Tendertype=E_Auction]
Service provider :
M/s Magicbricks Realty Services Ltd.
Auction portal URL : http://auctions.magicbricks.com
Email Ids : [email protected] ; [email protected] ; [email protected]
Contact No.s : Mr Saumil Gupta @ 9999798524 ; Auction Helpline : 9212346000 ; Mr Divya Alok Nirmal @ 7426087190 https://ibapi.in
https://eprocure.gov.in
Sd/-
Date : 10.02.2020 Authorised Officer
Indian Overseas Bank
Place : Bangalore
Note: This also may be treated as a Notice under Rule 8(6)/ Rule 9(1) of Security Interest (Enforcement) Rules, 2002 to the
borrower/s and guarantor/s of the said loan about holding of e-auction on the above mentioned date.
15
