#2416: Residential Flat (No.3) In Medak (Insnapur Village), Telangana, Sale By ARCIL Listing Id - 2416

  • 7,20,000 ₹
  • Published date: July 16, 2019
  • Modified date: July 16, 2019
    • Isnapur, Isnapur, Medak, Telangana

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Sale by Bank – Residential Flat No.03, in First Floor, Plot No.393-A & 393-B, in Sy.No.282/1, 369 & 370 on Balaji Residency in Teja Estates, situated at Isnapur village, Patancheru, Medak, Telangana.
Sale by Assets Reconstruction Company (I) Ltd, Secunderabad Branch, Telangana.
Reserve Price: Rs. 7.20 Lakhs , E - Auction Date: 23rd July 2019.
For More Details About The Property/Bank Please see below

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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: cs@arcil.co.in
If You Are Call to Land Line Number: 040-66028012 / 040-66028013

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 Flat No.03, in First Floor, Plot No.393-A & 393-B, in Sy.No.282/1, 369 & 370 on Balaji Residency in Teja Estates, situated at Isnapur village, Patancheru, Medak, Telangana, Being Sold by Assets Reconstruction Company (I) Ltd, Secunderabad Branch, Telangana. 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).

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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 Flat No.03, in First Floor, Plot No.393-A & 393-B, in Sy.No.282/1, 369 & 370 on Balaji Residency in Teja Estates, situated at Isnapur village, Patancheru, Medak, Telangana, Being Sold by Assets Reconstruction Company (I) Ltd, Secunderabad Branch, Telangana. 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 Flat No.03, in First Floor, Plot No.393-A & 393-B, in Sy.No.282/1, 369 & 370 on Balaji Residency in Teja Estates, situated at Isnapur village, Patancheru, Medak, Telangana, Being Sold by Assets Reconstruction Company (I) Ltd, Secunderabad Branch, Telangana. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 6.48 Lakhs instead of Rs. 7.20 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.03, in First Floor, Plot No.393-A & 393-B, in Sy.No.282/1, 369 & 370 on Balaji Residency in Teja Estates, situated at Isnapur village, Patancheru, Medak, Telangana.

Locality :

  

Medak

Google Map Site :

  

https://www.google.co.in/maps/place/Medak,+Telangana+502110/@18.0506448,78.2310216,13z/data=?hl=en

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

  

850

Land Equivalent in Local Measurement :

  

850 Sq Ft

Boundaries :

  

North by: Flat No.4
South by: Open to Sky
East by: Corridor
West by: Open to Sky

E Auction Date :

  

23/7/2019

E Auction Starting Time :

  

3.00 PM

Outstanding Amount + Interest Cost in Rs. :

  

28,39,167.32

Description About Outstanding Amount + Interest Cost :

  

Amount in Words: Twenty Eight Lakhs Thirty Nine Thousand One Hundred and Sixty Seven Rupees Thirty Two Paisa

Reserve Price Rs. :

  

7,20,000

Description About Reserve Price Rs. :

  

Amount in Words: Seven Lakhs Twenty Thousand only.

EMD Value Rs. :

  

72,000

Date For Inspection For the Asset From. :

  

11/7/2019

Date For Inspection For the Asset To :

  

17/7/2019

Timing(s) For To Inspect The Property :

  

10.00 AM to 5.00 PM

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)

Name of The Bank To Pay EMD :

  

Federal Bank

Pay EMD With The Name :

  

Earnest Money Deposit

Account Number to Pay EMD :

  

15557300000207

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.

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

Assets Reconstruction Company (I) Ltd

Recovery Branch Name :

  

Secunderabad

Recovery Branch Address :

  

Flat No.207, 2nd Floor, Bhuvana Towers, Above CMR Exclusive, S.D. Road, Secunderabad-03

Recovery Branch State :

  

Telangana

Recovery Branch District :

  

Secunderabad

Recovery Branch City :

  

S.D Road

Recovery Branch Telephone No.1 :

  

040-66028012

Recovery Branch Telephone No.2 :

  

040-66028013

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

  

Registred Office

Controlling Office/ Court/ DRT Address :

  

The Ruby, 10th Floor, 29 Senapathi Bapat Marg, Dadar (West), Mumbai-400028

Controlling Office/ Court/ DRT State :

  

Mumbai

Controlling Office/ Court/ DRT Pincode :

  

400028

Controlling Office/ Court/ DRT Telephone No.1 :

  

91-2266581300

Controlling Office/ Court/ DRT Email Id.1 :

  

cs@arcil.co.in

Name of The Selling Agent Company :

  

Asset Reconstructions Company (I) Ltd

Company CIN No. :

  

U65999MH2002PLC134884

Name Of The Contact Person :

  

Ramesh V

Contact Person Mobile No.1 :

  

9160599339

Name Of The Contact Person 2 :

  

Kamal Mishra

Contact Person 2 Mobile No.1 :

  

9819820760

Property Belongs To :

  

Borrower

Borrower 1 :

  

Smt. A. Nalini

Borrower 2 :

  

P. Japhanya

Terms & Conditions 1 :

  

A bidder may, on his own choice, avail the facility of online participation in this auction by making application is prescribed format which is available along with the offer/tender document on the website address mentioned here in above

Terms & Conditions 2 :

  

Online bidding will take place at website of organisation as mentioned here in above, and shall be subject to the terms and conditions contained in the tender document

Terms & Conditions 3 :

  

The tender Document and detailed Terms and Condition for the auction may be downloaded from our website www.arcil.co.in or the same way also be collected from the concerned branch office of Arcil as stated above

Terms & Conditions 4 :

  

Please note that sale shall be subjected to terms and conditions as stated in the bid documents

Terms & Conditions 5 :

  

Sale is Strictly subjected to terms and conditions incorporated in this advertisement and the prescribed Bid/Tender Documents

Terms & Conditions 6 :

  

The Authorized Officer reserves the right to reject any/all Bids without assigning any reason

Terms & Conditions 7 :

  

This Notice is also to be treated as a notice under Rule 8 and 9 of the security interest enforcement Rules - 2002



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