BRANCH: ARMB Circle Office,Lakdikapul, Hyderbad PH:040-2321 0745 FAX: 040-2323 3295 E-mail: [email protected] E-AUCTION SALE NOTICE In exercise of powers contained in the ‘Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002, the Authorized Officer has taken the possession of the under mentioned secured assets which are held as securities in respect of credit facilities granted to M/s S.V.ENTERPRISES, Hyderabad, (hereinafter referred to as “borrower”). The sale notices have already been issued to the borrowers/mortgagors/ guarantors. It has been decided to sell the secured assets on ‘AS IS WHERE IS BASIS’ through public e-auction mentioned hereunder for realization of the secured debts dues to Punjab National Bank amounting to Rs.2,95,91,112.50 (Rupees Two crore ninty five lakhs ninty one thousand one hundred twelve and paise fifty only) plus future interest, cost and charges incurred by the Bank thereon from 01.06.11 minus recoveries effected after the date of notice, till final payment. Name of the owner of the secured asset Smt. Vanukuri Sudheshana Smt. Vanukuri Sudheshana Sri V.Venka Reddy Sri V.Malla Reddy Smt.S.Aruna W/o S.Atchi Reddy Reserve EMD Price Rs. Rs. Description of the Secured Assets / Property and its site All that piece and parcel of land bearing open plot No.7 admeasuring 343 Sq.yards, equivalent to 286.78 Sq.mts in survey No.60/AA and 61/A of INFO CITY, situated at Mallapur Village, Saroornagar revenue mandal, Rangareddy Dist. Under Venkatapur Gram Panchayat Registration, Sub District Champapet. All that piece and parcel of land bearing open plot No. 5 admeasuring 305 Sq.yards equivalent to 255.01 Sq.mts in Survey No. 60/AA and 61/A of INFO CITY, situated at Mallapur village, Sarrornagar Revenue Mandal, Rangareddy Dist., under Venkatapur Grampanchayat, Registration sub district Champapet. All that piece and part of land bearing open plot No. 144 admeasuring 267 Sq.yards or 223.21 Sq.Mts in Survey No.73 part, 74 part, 75 part, 76 and 83 part of “Mini Singapore Colony” situated at Annojiguda Village, Pocharam Grampanchayat, Ghatkesar Mandal, Rangareddy Dist, under SRO Ghatkesar. All that piece and part of land bearing Open Plot No. 56 admeasuring 267 Sq.yards or 223.21 Sq.Mts in Survey No. 73 part, 74 Part, 75 and 83 part of “Mini Singapore Colony” situated at Annojiguda Village, Pocharam Grampanahcayat, Ghatkesar Mandal, Rangareddy Dist under SRO Ghatkesar All that piece and parcel of open land admeasuring 435.6 Sq.yards equivalent to 364.257 Sq.Meters and House there on bearing No.3-239/1 in Ward No. 3 in Nayanagar, Near Krishna Priya Theatre, Kodat Village, Kodad mandal, Nalgonda District 10.29 1.03 Lacs Lacs 9.15 0.92 Lacs Lacs Auction date& time 28.01.15 from 11.00 AM to 12.00 Noon 28.01.15 from 12.00 Noon to 1.00 PM 28.01.15 13.35 1.34 from Lacs Lacs 1.00 PM to 2.00 PM 13.35 1.34 Lacs Lacs 28.01.15 from 2.00 PM to 3.00 PM 67.14 6.72 Lacs Lacs 28.01.15 from 3.00 PM to 4.00 PM CONDITIONS OF SALE: i) The properties are being sold on ‘AS IS WHERE IS BASIS.’ ii) The secured asset will not be sold below the reserve price. iii) The auction sale will be “online through e-auction” portal iv) The shortlisted bidders would be provided user ID and Password through E Mail well in advance, which is mandatory for e-bidding, from M/s NEXTENDERS(INDIA) PVT.LTD,”Yuchit” Juhu Tara Road,Mumbai-400049, Contact No. 020-25315555 and 09167246751. v ) The interested bidders may avail online training on e-auction from M/s NEXTENDERS(INDIA) PVT.LTD,”Yuchit” Juhu Tara Road,Mumbai-400049 Contact No. 020-25315555 and 09167246751. e-mail; [email protected], vi) The bidders are also advised to go through the portal https://www.e-auctions.in for detailed terms and conditions for e-auction sale before submitting their bids and taking part in the e-auction sale proceedings and/or contact Authorised Officer Sh. M.V.Murali ,Chief Manager (09000877625) Landline.040-23210745. The Authorised Officer reserves the right to accept any or reject all bids, if not found acceptable or to postpone the auction at any time without assigning any reason whatsoever and his decision in this regard shall be final. vii) Only those bidders holding valid user ID & Password and confirmed payment of EMD through NEFT/ RTGS shall be eligible to participate in ‘on line e-auction’. viii)The intending bidders have to submit their EMD by way of remittance by RTGS/NEFT to A/c 3972002200000036 (IFSC Code PUNB0397200) in the name of Asset Recovery Management Branch Hyderabad. The request letter mentioning the bid amount which should be more than the reserve price along with acceptance of terms of conditions of this notice and EMD details (UTR No), the copy of identity proof which should contain the address for future communications (Vote id/Driving License/Pass Port & PAN Card should reach the Authorised Officer at the address given ON OR BEFORE 19-01-2015. ix) The EMD will be refunded to the unsuccessful bidders within 7 days from the date of auction and the bidders will not be entitled to claim any interest, costs, expenses and any other charges (if any). x) The interested bidders, who have submitted their bids not below the reserve price on or before 19-01-.2016, shall be eligible to participate in the e-auction at scheduled date and time given against the secured assets to be sold. The bidders shall improve their offer by a minimum of Rs.50,000/(Rupees fifty thousand). In case bid is placed in the last 5 minutes of the closing time of the auction, the closing time will automatically get extended for 5 minutes. xi) The successful bidder shall have to deposit 25% of the bid/sale amount immediately through NEFT/ RTGS to the following Account – PUNJAB NATIONAL BANK, ARMB, HYDERABAD Account No 3972002200000036 (IFSC Code PUNB0397200) and the earnest money shall be adjusted towards 25% of the bid/sale amount. In case of default in payment of 25% of the bid amount immediately to the authorized officer, the secured asset will be resold. xii) The successful bidder shall be required to deposit the balance 75% of the bid amount within 15 days from the date of confirmation of sale by the secured creditor or such extended period, as may be permitted by the secured creditor at their sole discretion, through NEFT/RTGS to the following Account – PUNJAB NATIONAL BANK, ARMB, HYDERABAD Account No. 3972002200000036 (IFSC Code PUNB0397200). In case of default in payment of the remaining 75% of the bid amount within the prescribed period, the 25% amount deposited will be forfeited and the secured asset will be resold. xiii)If the dues of the bank together with all costs, charges and expenses incurred by them or part thereof as may be acceptable to the bank are tendered by/on behalf of the borrowers or guarantor/s, at any time on or before the date fixed for sale, the sale of asset may be cancelled. xiv)The bidders shall submit copies of PAN card and proof of residential address, while submitting the bid. The bidders other than individuals shall also submit proper mandate for e-bidding. x v ) All statutory dues/attendant charges/other dues including registration charges, stamp duty, taxes etc. shall have to be borne by the purchaser. xvi)The sale certificate shall be issued in the same name in which the tender is submitted. xvii)Words and expressions used herein above shall have the same meaning respectively assigned to them in SARFAESI Act, 2002, and the Rules framed there under. xviii)Disputes, if any, shall be within the jurisdiction of Hyderabad Courts only. xix) Any other encumbrances known to the Bank – Please see the Tender Document on website. xx) This publication is also 30 days notice to the above mentioned borrower/ mortgagor / guarantors. xxi) The interested parties may inspect the properties on 17.01.2015 between 11.30 A.M to 1.30 P.M Date :17.12.2014 Place:Hyderabad 12 x 29 Eenadu: Hyderabad Sakshi: Hyderabd The Hinud -Times of India Indian Express: Sd/- Authorised Officer/Chief Manager Punjab National Bank, ARMB, Hyderabad 12 x 29x375/12 x 29x220 12 x 29 x126 12x29x130 12 x 29 x 75 130500/76560/43848/45240/26100/-
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