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State Bank Of India , Station Road, Ballari BO

Ballari, Karnataka

  • Opening Date

    08 Aug 2019

  • Closing Date

    16 Sep 2019

  • Tender Amount

    ₹ 5,08,000

  • EMD

    ₹ 50,800

  • Auction Start Date

    18 Sep 2019

  • Auction End Date

    18 Sep 2019

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Summary

Sbi Vs Sri. Chinnaiah S/o Late Varadaiah

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1 ANNEXURE –B THE TERMS AND CONDITIONS OF SALE: Property (Immovable Asset) will be sold on ‘AS IS WHERE IS’, ‘AS IS WHAT IS’ AND ‘WHATEVER THERE IS’ Basis: 1 Name and address of the Borrower Sri. Chinnaiah S/o Late Varadaiah, D.No.16, Ward No.27, Danappa Street, Cowl Bazar, Ballari-583101. 2 Name and address of the Mortgagor Sri. Chinnaiah S/o Late Varadaiah, D.No.16, Ward No.27, Danappa Street, Cowl Bazar, Ballari-583101. 3 Name and address of Branch, the Secured Creditor State Bank of India, RETAIL ASSETS CENTRAL PROCESSING CENTRE-RACPC, BALLARI, 1st Floor, SBM Building, Station Road, Ballari -583101 4 Description of the immovable secured asset to be sold. Tender No: SBI/RACPC/EA/SP/YLR/01 Title deed holder: Sri. Chinnaiah All that part and parcel of the house property along with site situated within the Registration and sub Registration District, Bellary at Sy.No.1052, Block No.8, CMC Ward No.27, Door No.16, City Municipal Assessment No.37948, Danappa Street, Cowl Bazar, Ballari measuring East to West towards North 14 feet, East to West towards South 13 feet and North to South towards East 17 feet and North to South towards West 16 ½ feet totally measuring 226 sq.ft., and bounded on East by: T.S.No.1053, West by: T.S.No.1048, North by: T.S.No.1063 and South by: T.S.No.1055. 5 Details of the encumbrances known to the secured creditor. Nil 6 The secured debt for recovery of which the property is to be sold Rs.10,26,283/-(Rupees Ten Lakhs Twenty Six Thousand Two Hundred Eighty Three only) as on 29.07.2019 and further interest at contractual rate from 30.07.2019 with incidental expenses, charges, costs etc. 7 Deposit of earnest money EMD: Rs. 50,800/- being the 10% of reserve price to be remitted Bankers Cheque/Demand Draft payable at Ballari and drawn in favour of State Bank of India, RACPC Ballari from any branch of any Nationalized or Scheduled Bank. 8 Reserve price of the immovable secured assets: Bank account in which EMD to be remitted. Last Date and Time within which EMD to be remitted: Rs. 50,800/- Rs. 5,08,000/- Bankers Cheque/Demand Draft payable at Ballari and drawn in favour of State Bank of India, RACPC Ballari. Time upto : 5.00 P.M Date: 16.09.2019 2 9 Time and manner of payment 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 earnest money deposited by the bidder shall be forfeited. The Balance 75% of the sale price is payable on or before the 15th day of confirmation of sale of the secured asset. 10 Time and place of public e- Auction or time after which sale by any other mode shall be completed. Date: 18.09.2019, Time: 60 Minutes: From 11.30 A.M to 12.30 P.M, with unlimited extension of five minutes for each bid, if the bid continues, till the sale is concluded. 11 The e-Auction will be conducted through the Bank’s approved service provider. e-Auction tender documents containing e- Auction bid form, declaration etc., are available in the website of the service provider as mentioned above M/s C1 India Private Limited, Gurgaon, Helpline Nos. +91- 9900711744 email: karnataka@c1india.com webportal (www.bankeauctions.com). Contact person: Shri. Gangadhar Naik 12 (i)Bid increment amount: (ii)Auto extension: Rs.5,000/- (Rupees Two Thousand only) Unlimited extensions of 5 minutes each 13 Date and Time during which inspection of the immovable secured assets to be sold and intending bidders should satisfy themselves about the assets and their specification. Contact person with mobile number On 16.08.2019 between 11.00 A.M. to 5.00 P.M. with prior appointment. Shri. K.M.Udupa 9880661493 Shri. L. Krishnamurthy :-

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