#2126: Residential Vacant Site in Gannavaram, Krishna, Andhra Pradesh, Sale by State Bank of India. Listing Id - 2126

  • 11,00,000 ₹
  • Published date: May 24, 2019
  • Modified date: May 24, 2019
    • Gannavaram Mandal, Gannavaram, Krishna, Andhra Pradesh

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Sale by Bank – Residential Vacant Site in Plot No.8, situated at Bahubalendruni Gudem Grama Panchayat, Gannavaram Mandala, Krishna District, Andhra Pradesh.
Sale by State Bank of India, Stressed Assets Recovery Branch, Visakhapatnam.
Reserve Price: Rs. 11.00 Lakhs, E - Auction Date: 27th June 2019.
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: sbi.10077@sbi.co.in
If You Send SMS to Mobile Number: 8978480704

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 Vacant Site in Plot No.8, situated at Bahubalendruni Gudem Grama Panchayat, Gannavaram Mandala, Krishna District, Andhra Pradesh, Being Sold by State Bank of India, Stressed Assets Recovery Branch, Visakhapatnam. 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 Residential Vacant Site in Plot No.8, situated at Bahubalendruni Gudem Grama Panchayat, Gannavaram Mandala, Krishna District, Andhra Pradesh, Being Sold by State Bank of India, Stressed Assets Recovery Branch, Visakhapatnam. 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 Residential Vacant Site in Plot No.8, situated at Bahubalendruni Gudem Grama Panchayat, Gannavaram Mandala, Krishna District, Andhra Pradesh, Being Sold by State Bank of India, Stressed Assets Recovery Branch, Visakhapatnam. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 9.90 Lakhs instead of Rs. 11.00 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 :

  

E-Auction

Sale By (Seller) :

  

Bank

Full Address :

  

No.8, situated at Bahubalendruni Gudem Grama Panchayat, Gannavaram Mandala, Krishna District, Andhra Pradesh

Locality :

  

Krishna

Google Map Site :

  

https://www.google.co.in/maps/search/Gannavaram+Mandala,+Krishna+District,+Andhra+Pradesh/@?hl=en

Actual Area of the Property in Sq.Yds. :

  

200

Land Equivalent in Local Measurement :

  

200 Sq Yds

Boundaries :

  

East: Property of Plot No.13
South: Property of Plot No.09
West: 40 Feet Road
North: Property of Plot No.17

E Auction Date :

  

27/6/2019

E Auction Starting Time :

  

11.00 AM

E Auction Ending Time :

  

12.00 Noon

Outstanding Amount + Interest Cost in Rs. :

  

20,62,787

Description About Outstanding Amount + Interest Cost :

  

Amount in Words: Twenty Lakhs Sixty Two Thousand Seven Hundred and Eighty Seven Rupees only.

Reserve Price Rs. :

  

11,00,000

Description About Reserve Price Rs. :

  

Amount in Words: Eleven Lakhs only.

EMD Value Rs. :

  

1,10,000

Bid Incremental Value Rs. :

  

10,000

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 :

  

25/6/2019

Ending Time For Bid Submission :

  

5.00 PM

Name of The Bank To Pay EMD :

  

State Bank of India

Name Of The Branch To Pay EMD :

  

Stressed Assets Recovery Branch

Pay EMD With The Name :

  

Earnest Money Deposit

Details About Paying EMD :

  

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

Date of Demand Notice :

  

28/2/2017

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

State Bank of India

Recovery Branch Name :

  

Stressed Assets Recovery Branch

Recovery Branch Address :

  

State Bank of India, Stressed Assets Recovery Branch, Balaji Nagar, Siripuram, Visakhapatnam.

Recovery Branch State :

  

Andhra Pradesh

Recovery Branch District :

  

Visakhapatnam

Recovery Branch City :

  

Siripuram

Recovery Branch Mobile No.1 :

  

8978480704

Recovery Branch Email 1 :

  

sbi.10077@sbi.co.in

Name of The Recovery Branch Authorized Person :

  

Sri. KSH Sastry

Recovery Branch Authorized Person Mobile No.1 :

  

8978480704

Recovery Branch Authorized Person Email Id-1 :

  

sbi.10077@sbi.co.in

Property Belongs To :

  

Borrower

Borrower Name :

  

M/s. Sri Sai Durgeshwara Traders

Borrower 1 :

  

Smt. Koppuravuri Prameela Rani

Borrower Address :

  

W/o Yeshwanth, D.No.27-5-16, Gopuvari Street, Opp Ratnam Oil Mill, Governorpet, Vijayawada, Krishna District.

Borrower 2 Name :

  

Koppuravuri Yeshwanth

Borrower 2 Address :

  

S/o Suryanarayan, D.No.27-5-16, Gopuvari Street, Opp Ratnam Oil Mill, Governorpet, Vijayawada, Krishna District.

Terms & Conditions 1 :

  

E- Auction is being held on "AS IS WHERE IS" and "AS IS WHAT IS" basis and will be conducted "Online".

Terms & Conditions 2 :

  

To the best of knowledge and information of the Authorised Officer, There is no encumbrance on the properties. However, intending bidders should make their own independent enquiries regarding the encumbrances, title of properties put on auction and claims/rights/dues affecting the properties, prior to submitting their bid.

Terms & Conditions 3 :

  

The e - Auction advertisement does not constitute and will not be deemed to constitute any Commitment or any representation of the Bank. The Authorised Officer/ Secured Creditor shall not be responsible in any way for any third party claims/rights/dues. No conditional bids will be accepted.

Terms & Conditions 4 :

  

The sale shall be subject to rules/conditions prescribed under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.

Terms & Conditions 5 :

  

The successful tenderer/bidder so declared by the Authorised Officer/Chief Manager shall then and there tender 25% of the amount of sale price in Cash/DD, less the sum tendered/ bid by way of EMD, with the Authorised Officer/Chief Manager conducting the sale and the balance amount of purchaseprice shall be paid to the authorized Officer/Chief Manager before 15th day of confirmation of sale by the Secured Creditor or such extended period as may be mutually agreed upon between the parties.

Terms & Conditions 6 :

  

All charges for conveyance, stamp duty/GST registration charges etc., as applicable shall be borne by the successful bidder only.



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