#1070: Residential Plot in Bengaluru (Near Sunkadakatte), Karnataka, Sale by Bank of India Listing Id - 1070

  • 17,00,000 ₹
  • Published date: August 31, 2018
  • Modified date: November 26, 2018
    • Kadabagere Village, Bangalore [Bangalore], Bangalore Urban, Karnataka

Sale by Bank - Residential Plot in Bengaluru (Near Sunkadakatte), Karnataka, Situated at Site No. 23 (Khatha No. 835), Survey No. 38, Kadabagere, Dasanapura, Bengaluru, Karnataka.
Sale by Bank of India, JB Nagar Branch , Bengaluru.
Reserve Price: 17 Lakhs, Auction/ E-Auction Date: To be Announced
For More Details About The Property/Bank Please see below

----------

Dear Viewer,

If you are Interested in Buying the Property (even if you have not 100% made up your mind), Please Send Email to Bank Authorised Officer. Then speak to that Bank Authorised Officer on Phone about your Interest and to Fixup for Inspection of the Property and Viewing the Related Documents.

Email Id to which you have to send the Email: JBNagar.Karnataka@bankofindia.co.in
And For Calling Land line No: 080-22959488 and 080-25287393.


Bank will fix up the Auction Dates (and Price) for a Property, based on the (email) responses it gets from Potential Buyers (and Real Estate Agents). Send this email even if the Cost of the Property is not in line with your expectation. Also, sending an email will enable your interest to be on record – which will be helpful, in case say, you are not able to speak on telephone (due to connectivity or any other issues). If you respond Quickly – there is a chance your views would get a High Weightage, when the Bank finalizes the Auction Dates (and Price)! So, send email Quickly (even if you have not 100% made up your mind) and take the next steps ie Inspection of the Property, Legal etc.

Content of the Email if the Property Sale date is Already over or the Sale Date is Not Announced, at the time of your viewing this Listing.

Content of the email can be as simple as “Dear Sir, This has reference to the Residential Plot Situated at Site No. 23, Survey No. 38, Kadabagere, Dasanapura, Bengaluru, Karnataka, being Sold by Bank of India, JB Nagar Branch , Bengaluru . I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This email is being sent for your information”. Then you call up the bank and find out if the Property is available.

If the Property is available, You can start taking the next steps which include inspection of the Property, going through the Legal Documents, talking t*o Experts/ Relatives/ Friends, Learning about bidding in the E-Auction etc. But, during all of these, please keep the bank people updated on a regular basis (specifically by email, apart from talking to them).

**********
Content of the Email if the Property Sale Date is Not over, at the time of your viewing this Listing.

Content of the email can be as simple as “Dear Sir, This has reference to the Residential Plot Situated at Site No. 23, Survey No. 38, Kadabagere, Dasanapura, Bengaluru, Karnataka, being Sold by Bank of India, JB Nagar Branch , Bengaluru. I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This email is being sent for your information”. In case you are interested in a Property, but the cost is higher than your expectation, please say “Dear Sir, This has reference to the Residential Plot Situated at Site No. 23, Survey No. 38, Kadabagere, Dasanapura, Bengaluru, Karnataka, being Sold by Bank of India, JB Nagar Branch , Bengaluru. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 15 Lakhs instead of Rs. 17 Lakhs advertised by the Bank”.

After sending the email and SMS, please try to call up the banks in the contact numbers provided. You can start taking the next steps which include inspection of the Property, going through the Legal Documents, talking to Experts/ Relatives/ Friends, Learning about bidding in the E-Auction etc. But, during all of these, please keep the bank people updated on a regular basis (specifically by email, apart from talking to them).

All The Best!


   Listing Details

Availability Status :

  

Available

Type of Transaction – Sale (Auction/ E Auction/ Tender), Rent or Lease :

  

To be Announced

Sale By (Seller) :

  

Bank

Full Address :

  

Site No. 23 (Khatha No. 835), Survey No. 38, Kadabagere Village, Dasanapura Village, Bengaluru North Taluk, Karnataka - 560123.

Locality :

  

Kadabagere Village

Google Map Site :

  

https://goo.gl/maps/rAB2spyoQit

Actual Area of the Property in Sq.mts. :

  

125

Actual Area of the Property in Sq.Yds. :

  

150

Details About Area of the Land :

  

Land Measuring 1350 Sq. Fts

Land Equivalent in Local Measurement :

  

1350 Sq. Fts

Boundaries :

  

East: Road,
West: Private Property,
North: Site No. 22,
South: Site No. 24 in the Name of Smt. Vijayalakshmi S G.

E Auction Date :

  

To be Announced

Auction Date :

  

To be Announced

Outstanding Amount + Interest Cost in Rs. :

  

15,14,176/-

Description About Outstanding Amount + Interest Cost :

  

Amount in Words:
Fifteen Lakhs Fourteen Thousand and One Seventy Six Rupees Only

Reserve Price Rs. :

  

17,00,000/-

Description About Reserve Price Rs. :

  

Amount in Words:
Seventeen Lakhs Rupees Only

Description About Inspection :

  

Please take Prior Appointment with Inspection person/ Bank Authorised Person before going to Inspect the Property.
For details please go through the below fields (Name of the Contact Person For Inspection/ Bank Authorised Person Contact Number)

Details About Paying EMD :

  

Please Contact Bank before Going to Pay EMD.
And Make Sure that Your Payment Should bepaid before Bid Submission Last Date and Time.

Date of Demand Notice :

  

18 July 2016

Date Of Actual Possession Taken :

  

01 Feb 2017

Other Charges :

  

Rs. 15,14,176/- With Further Interest Plus Charges/ Costs etc.

Description About Sale :

  

Notice for Sale of Secured Assets Under Securitisation and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) and Rules Framed There under.

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

Bank of India

Recovery Branch Name :

  

Jeevan Bhima Nagar Branch

Recovery Branch Address :

  

#1655, Jeevan Bhima Nagar Main Road, HAL III Stage, Jeevan Bhima Nagar, Bengaluru - 560075.

Recovery Branch State :

  

Karnataka

Recovery Branch District :

  

Bengaluru

Recovery Branch City :

  

Bengaluru

Recovery Branch Location :

  

HAL III Stage

Recovery Branch Pincode :

  

560075

Recovery Branch Telephone No.1 :

  

080-22959488

Recovery Branch Telephone No.2 :

  

080-25287393

Recovery Branch Email 1 :

  

JBNagar.Karnataka@bankofindia.co.in

Controlling Office (Regional/ Circle/ Head/ Zonal) / Court/ DRT :

  

Head Office

Controlling Office/ Court/ DRT Address :

  

Bank of India, Star House, C-5, 'G' Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051.

Controlling Office/ Court/ DRT State :

  

Maharashtra

Controlling Office/ Court/ DRT District :

  

Mumbai

Controlling Office/ Court/ DRT City :

  

Mumbai

Controlling Office/ Court/ DRT Pincode :

  

400051

Controlling Office/ Court/ DRT Telephone No.1 :

  

020-66684444

Controlling Office/ Court/ DRT Email Id.1 :

  

HeadOffice.CSD@bankofindia.co.in

Property Belongs To :

  

Borrower

Borrower Name :

  

M/s V K Mayi Enterprise

Borrower Address :

  

No. 113/ 4, Machohalli Industrial Estate, Pipe Line Road, Corner Shed, Bengaluru - 560091.

Borrower State :

  

Karnataka

Borrower 2 Name :

  

Mrs. Vijayalakshmi S G

Borrower 2 Address :

  

D. No. 12/ A Pipe Line Road, Gollarahatti, Viswaneetham, Bengaluru North - 560091.

Borrower 2 state :

  

Karnataka

Terms & Conditions 1 :

  

1. The Undersigned being Authorized Officer of Bank of India is Having Full Powers to Issue this Notice of Sale and Exercise all the Powers of Sale Under the Securitization and Security Interest Act, 2002 and the Rules Framed There Under Hereby Gives You this Notice as Under:-

Terms & Conditions 2 :

  

2. You have Committed Default in Payment of the Outstanding Dues Aggregating to Rs.15,14,176/- in Cash Credit Account With Further Interest Plus Charges/ Costs etc., in Respect of the Advances Granted by the Bank to M/s V K Mayi Enterprise, Within Stipulated Period of 60 Days, as Mentioned in the Demand Notice Dated 18.07.2016 Served Upon You Under Sec.13 (2) of the Said Act and in Exercise of the Powers Conferred Under Section 13 (4) Read With Enforcement of Securities (Interest) Rules, 2002, the Authorized Officer of the Bank took Symbolic Possession of the Secured Assets, on 01.02.2017 More Particularly Described in the Schedule Here Under. After Issuance of Said Demand Notice, you have Failed to Close the Account by Repaying the Entire Dues.

Terms & Conditions 3 :

  

3. The Undersigned Hereby Informs you by this Notice of Sale Under Sub-Rule (6) of Rule 8 of the Said Rules that the Undersigned Shall Put the Below Mentioned Secured Assets for Sale After Expiry of Thirty Days from the Date Hereof by Way of any One of the Following Modes With a Reserve Price of Rs. 17 Lakhs on the Terms and Conditions Stipulated by the Undersigned:

i) By Obtaining Quotations from the Persons Dealing With Similar Secured Assets or Otherwise Interested in Buying Such Assets or
ii) By Inviting Tenders from the Public or E - Auction
iii) By Holding Public Auction or
iv) By Private Treaty.

Terms & Conditions 4 :

  

4. Please Note that all Expenses Pertaining to Demand Notice, Taking Possession, Valuation and Sale etc, Shall be First Deducted from the Sale Proceeds, Which May be Realized by the Undersigned and the Balance of the Sale Proceeds will be Appropriated Towards your Liability as Aforesaid. You are at Liberty to Participate in the Auction to be Held on the Terms and Conditions Thereof Including Deposit of Earnest Money. Please Look for the Sale Advertisement that Will Appear in Newspapers in Due Course. You May, if So Desire Participate in the Auction or May Bring Suitable Buyers.

Terms & Conditions 5 :

  

5. If the Said Dues are not Fully Recovered With the Proceeds Realized from the Sale of Secured Assets, We Reserve Our Right to Proceed Against you Before the Debts Recovery Tribunal/ Courts for Recovery of the Balance Amount Due Along With all Costs etc., Incidental Thereto From You.

Our Face Book Page Name :

  

BankableProperties.com

Facebook Page Link :

  

https://www.facebook.com/bankablepropert/

1 - Facebook Group Name :

  

Real Estate – Karnataka – bankableproperties.com

1 - Facebook Group Link :

  

https://www.facebook.com/groups/463813504061586/



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Comments

Interested by Zeeshan:


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You will get Hundreds of Properties being sold by the Banks.

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Wanted futher more details

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You will get Hundreds of Properties being sold by the Banks.

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