#1348: Commercial Office Space/ Area in Hyderabad (Nampally), Sale by Vijaya Bank Listing Id - 1348

  • 8,00,00,000 ₹
  • Published date: December 4, 2018
  • Modified date: January 19, 2019
    • Chirag Ali Lane, Nampally, Hyderabad, Hyderabad, Telangana

Sale by Bank – Commercial Office Space/ Area in Hyderabad (Nampally). Situated at Chirag Ali Lane, Nampally, Hyderabad, Telangana.
Sale by Vijaya Bank, Corporate Banking Branch, Hyderabad.
Reserve Price: 8 Crores, Auction Date: To be Annoused.

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 SMS 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.
For More Details Please Contact : Land Line No. : 040-23310890, 040-23310975


Bank will fix up the Auction Dates (and Price) for a Property, based on the ( SMS ) responses it gets from Potential Buyers (and Real Estate Agents). Send this SMS even if the Cost of the Property is not in line with your expectation. Also, sending an SMS 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 SMS 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 SMS can be as simple as “Dear Sir, This has reference to the Commercial Office Space/ Area Situated at Chirag Ali Lane, Nampally, Hyderabad, Telangana, being Sold by Vijaya Bank, Corporate Banking Branch, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This SMS 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 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).

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

Content of the SMS can be as simple as “Dear Sir, This has reference to the Commercial Office Space/ Area Situated at Chirag Ali Lane, Nampally, Hyderabad, Telangana, being Sold by Vijaya Bank, Corporate Banking Branch, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am presently interested in taking the next steps related to buying of this Property. This SMS 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 Commercial Office Space/ Area Situated at Chirag Ali Lane, Nampally, Hyderabad, Telangana, being Sold by Vijaya Bank, Corporate Banking Branch, Hyderabad. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 7.2 Crores instead of Rs. 8 Crores 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 :

  

E-Auction

Sale By (Seller) :

  

Bank

Full Address :

  

Situated at Chirag Ali Lane, 10th and 11th Floors of "Raghava Ratna Towers", Nampally, Hyderabad, Telangana - 500001.

Locality :

  

Chirag Ali Lane, Nampally

Land mark :

  

City Convention Center

Google Map Site :

  

https://goo.gl/maps/uU5WhGyhfPq

Name Of The Building :

  

Raghava Ratna Towers

Actual Constructed Area of the Property In Sq.ft. :

  

24,000

Actual Constructed Area of the Property In Sq.mts. :

  

2,230

Actual Area of the Property in Sq.mts. :

  

11,392

Actual Area of the Property in Sq.Yds. :

  

13,625

Details About Construction Area of the Property :

  

24,000 Sq. Ft of Plinth Area on the 10 and 11th Floors.

Details About Area of the Land :

  

Undivided Share in the Land Equivalent to 532 Sq. Yds Out of the Total Land Admeasuring 13,625 Sq. Yds.

Land Equivalent in Local Measurement :

  

13,625 Sq. Yds

Flat Floor No. Range :

  

10-15

Type of Parking :

  

Closed

Description About Parking Area :

  

1000 Sq. Ft. Parking Space in Cellar.

Boundaries :

  

North: Shops and Offices of Neighbours and Open to Sky,
South: Central Block of Lakshmi Builders,
East: Shops and Offices of Neighbours and Open to Sky,
West: Shops and Offices of Neighbours and Open to Sky.

Loan Account Number. :

  

404809051000005

Details About Loan Account Number :

  

Other A/c Nos:
404809051000013,
404806091000005,
404806091000006 and 404806091000007, 404806091000008,
404806091000009,
404806091000011,
404806091000012,
404809121000001.

E Auction Starting Time :

  

11:00 AM

E Auction Ending Time :

  

1:00 PM

Tender Starting Time :

  

11:00 AM

Description About Tender :

  

No. 6/3/652, Opp: C E Office, P W D Erramanzil, Somajiguda, Hyderabad - 500082.

Outstanding Amount + Interest Cost in Rs. :

  

41,26,68,402.31/-

Description About Outstanding Amount + Interest Cost :

  

Amount in Words:
Forty One Crores Twenty Six Lakhs Sixty Eight Thousand Four Hundred Two and Paisa Thirty One Rupees Only.

Reserve Price Rs. :

  

8,00,00,000/-

Description About Reserve Price Rs. :

  

Amount in Words:
Eight Crores Rupees Only.

EMD Value Rs. :

  

80,00,000/-

Bid Incremental Value Rs. :

  

1,00,000/-

Date For Inspection For the Asset From. :

  

17 Nov 2018

Date For Inspection For the Asset To :

  

17 Nov 2018

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)

Last Date For Bid Submission :

  

27 Nov 2018

Ending Time For Bid Submission :

  

5:00 PM

Name of The Bank To Pay EMD :

  

Vijaya Bank

Name Of The Branch To Pay EMD :

  

Corporate Banking Branch

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.

Other Charges :

  

Rs: 41,26,68,402.31/- as on 31/10/2018 With Future Interest And Cost Till The Date of Payment.

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

Vijaya Bank

Recovery Branch Name :

  

Corporate Banking Branch

Recovery Branch Address :

  

No. 6/3/652, Opp: CE Office, PWD Erramanzil, Somajiguda, Hyderabad - 500082.

Recovery Branch State :

  

Telangana

Recovery Branch District :

  

Ranga Reddy

Recovery Branch City :

  

Hyderabad

Recovery Branch Location :

  

500082

Recovery Branch Pincode :

  

040 - 23310890

Recovery Branch Telephone No.1 :

  

040 - 23310975

Property Belongs To :

  

Borrower

Borrower Name :

  

M/s. Progressive Constructions Ltd

Borrower Address :

  

Raghava Ratna Towers, Raghava North Block, 7th Floor, Chirag Al Lane, Abids, Hyderabad.

Guarantor Name :

  

Sri. Kavuri Bhaskara Rao

Guarantor Address :

  

S/o Kavuri Sambasiva Rao, #6-3-251/7/3A, Matru Ratna, Road No. 1, Banjara Hills, Hyderabad - 560001.

Guarantor 2 Name :

  

Smt. Kavuri Hemalatha

Guarantor 2 Address :

  

W/o Kavuri Sambasiva Rao, #6-3-251/7/3A, Matru Ratna, Road No. 1, Banjara Hills, Hyderabad - 560001.

Guarantor 3 Name :

  

Smt. Srivani Mullapudi

Guarantor 3 Address :

  

W/o Sri MVSRK Ranga Rao, #S-109/WV/40, Whisper Vally, Hussainshahwali Durga, Saikpet Mandalam, Hyderabad - 500033.

Guarantor 4 Name :

  

Sri. Kavuri Sambasiva Rao

Guarantor 4 Address :

  

S/o Late. Raghavaiah, #6-3-251/7/3A, Matru Ratna, Road No. 1, Banjara Hills, Hyderabad - 560001.

Terms & Conditions 1 :

  

For More Terms & Conditions Please see the Notice.
Notice Available in the Top (in Photos)

Advertisement Given Paper Name :

  

The New Indian Express

Advertisement Given Paper Edition :

  

Hyderabad - Telangana

Advertisement Given Paper Language :

  

English

Advertisement Given Date :

  

04 Nov 2018

Advertisement Given Page No. :

  

10



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