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State Bank Of India

Chennai, Tamil Nadu

  • Opening Date

    30 Aug 2019

  • Closing Date

    24 Sep 2019

  • Tender Amount

    ₹ 29,44,000

  • EMD

    ₹ 2,94,400

  • Auction Start Date

    26 Sep 2019

  • Auction End Date

    26 Sep 2019

Summary

All That Piece And Parcel Of Flat At Twelfth Floor Flat Bearing No. 1208, Block No.2, In A Multistoreye D Residential Apartment Building In “hibiscus Tower”, Named “alliance Orchid Springs”, At Water Canal Road, Korattur, Chennai 600076. Bua 692 Sqft. Uds 132 Sqft.

BOQ Items

No BOQs Available

STATE BANK OF INDIA Stressed Assets Recovery Branch Authorised Offical's Details: Name: SRI V.KOTEESWARA RAO Mobile No: 9445021934/9444444976 Land Line No: 28881037 2nd Floor, Red Cross Buildings, # 32, Red Cross Road , Egmore, Chennai – 600008. Telephone: 044-28881037 E-mail: sbi.05170@sbi.co.in [See Proviso to Rule 8(6)] Date 30.08.2019 SALE NOTICE FOR SALE OF IMMOVABLE PROPERTY 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 provisio 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 to the Secured Creditor, the constructive / physical possession of which has been taken by the Authorised Officer of State Bank of India, being the Secured Creditor, will be sold on “Äs is where is”, “As is what is “, and “Whatever there is” basis on 26.09.2019 for recovery of Rs.45,42,106/- as on 31.07.2019 (RS.Forty five Lakhs forty two thousand one hundred and six only) with future interest and costs due to the State Bank of India, SARB, Chennai from the Borrower(s) and the Guarantor(s) as mentioned below: Name of the Borrower Mr.M.FELIX 13/5, Swaram Apartments, Vellalar Street, Mogappair West, Chennai - 600037 DESCRIPTION OF PROPERTY Name of Title Deed Holder : Mr.M.FELIX All that piece and parcel of Flat at Twelfth floor flat bearing No. 1208, Block No.2, in a multistoreyed residential apartment building in “Hibiscus Tower”, named “Alliance Orchid Springs”, at Water Canal Road, Korattur, Chennai – 600076. BUA 692 sqft. UDS 132 sqft. Demand Notice u/s 13(2) issued on 19.11.2015 Possession Notice u/s 13(4) issued on 12.09.2016 Encumbrances known to the Bank, if any : Nil For detailed terms and conditions of the sale, please refer to the link provided in the State Bank of India, the Secured Creditor’s website www.sbi.co.in and the Bank’s approved service provider M/S C1 India Private Limited at their web portal https://www.bankeauctions.com  The auction will be conducted online through the Bank’s approved service provider M/s.C1 India Private Limited at their web portal https://www.bankeauctions.com. Place: Chennai. Date: 30.08.2019. Chief Manager & Authorised Officer State Bank of India Stressed Assets Recovery Branch, Chennai THE TERMS AND CONDITIONS OF SALE TO BE UPLOADED ON THE WEBSITE OF THE SECURED CREDITOR. Property will be sold on ‘AS IS WHERE IS, AS IS WHAT IS AND WHATEVER THERE IS” Basis 1 Name and address of the Borrower Mr.M.FELIX 13/5, Swaram Apartments, Vellalar Street, Mogappair West, Chennai - 600037 2 Name and address of Branch, the secured creditor State Bank of India, Stressed Assets Recovery Branch, 2nd Floor, Red Cross Buildings, # 32, Red Cross Road , Egmore, Chennai – 600008. 3 Description of the immovable secured assets to be sold. All that piece and parcel of Flat at Twelfth floor flat bearing No. 1208, Block No.2, in a multistoreyed residential apartment building in “Hibiscus Tower”, named “Alliance Orchid Springs”, at Water Canal Road, Korattur, Chennai – 600076. BUA 692 sqft. UDS 132 sqft. 4 Details of the encumbrances known to the secured creditor. Nil 5 The secured debt for recovery of which the property is to be sold Rs.45,42,106/- as on 31.07.2019[Rupees Forty five lakhs forty two thousand one hundred and six only) with future interest and costs 6 Deposit of earnest money (EMD) (10% of Reserve Price) EMD: Rs.2,94,400/- being the 10% of Reserve price to be remitted by RTGS/ NEFT to the Bank account or Demand Draft drawn in favour of State

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