#2530: Residential Property In Bangalore (Govindarajanagar), Sale by State Bank Of India. Listing Id - 2530

  • 1,16,93,000 ₹
  • Published date: August 5, 2019
  • Modified date: August 5, 2019
    • Thimmenahalli, Govindarajanagar, Bangalore Rural, Karnataka

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Sale by Bank – Residential Property bearing No.7, Situated at 2nd Main, 5th Cross, Thimmenahalli, Govindarajanagar, Bangalore, Karnataka.
Sale by State Bank of India, Asset Recovery Management Branch, Bangalore.
Reserve Price: Rs. 1.16 Crore, E - Auction Date: 6th September 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: sbi.40564@sbi.co.in
If You Are Call to Land Line Number: 080 - 25943765 / 080 - 25943769

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 Property bearing No.7, Situated at 2nd Main, 5th Cross, Thimmenahalli, Govindarajanagar, Bangalore, Karnataka. Being Sold by State Bank of India, Asset Recovery Management Branch, Bangalore. 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 Property bearing No.7, Situated at 2nd Main, 5th Cross, Thimmenahalli, Govindarajanagar, Bangalore, Karnataka. Being Sold by State Bank of India, Asset Recovery Management Branch, Bangalore. 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 Property bearing No.7, Situated at 2nd Main, 5th Cross, Thimmenahalli, Govindarajanagar, Bangalore, Karnataka. Being Sold by State Bank of India, Asset Recovery Management Branch, Bangalore. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 1.05 Crore instead of Rs. 1.16 Crore 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 :

  

Residential Property bearing No.7, Situated at 2nd Main, 5th Cross, Thimmenahalli, Govindarajanagar, Bangalore, Karnataka.

Locality :

  

Bangalore

Google Map Site :

  

https://www.google.co.in/maps/place/Govindarajanagar,+Vijayanagar,+Bengaluru,+Karnataka/@hl=en

Details About Area of the Land :

  

Measuring East to West (21+31.6)/2 ft and North to South 45 feet.

Land Equivalent in Local Measurement :

  

2995 Sq.ft.

Boundaries :

  

East by : Southern side 3 ft Common passage.
West by : 2nd Main Road.
North by : Remaining portion of the same property.
South by : 5th Cross Road.

E Auction Date :

  

06/09/2019

Outstanding Amount + Interest Cost in Rs. :

  

97,61,171

Description About Outstanding Amount + Interest Cost :

  

Amount In Words :
Rupees Ninety Seven Lakhs Sixty One Thousand One Hundred and Seventy One Only.

Reserve Price Rs. :

  

1,16,93,000

Description About Reserve Price Rs. :

  

Amount In Words :
Rupees One Crore Sixteen Lakhs and Ninety Three Thousand Only.

EMD Value Rs. :

  

11,69,300

Bid Incremental Value Rs. :

  

1,00,000

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)

Name of The Bank To Pay EMD :

  

State Bank of India

Name Of The Branch To Pay EMD :

  

Asset Recovery Management 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.

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

State Bank of India

Recovery Branch Name :

  

Asset Recovery Management Branch

Recovery Branch Address :

  

State Bank of India, Asset Recovery Management Branch, Mysore Bank Building, BKG Complex, 'A' Block, 2nd Floor, Avenue Road, Bangalore - 560009.

Recovery Branch State :

  

Karnataka

Recovery Branch District :

  

Bangalore

Recovery Branch Pincode :

  

560009

Recovery Branch Telephone No.1 :

  

080 - 25943765

Recovery Branch Telephone No.2 :

  

080 - 25943769

Recovery Branch Email 1 :

  

sbi.40564@sbi.co.in

Name of The Recovery Branch Authorized Person :

  

Shri. A. Suresh

Recovery Branch Authorized Person Telephone No.1 :

  

080 - 25943473

Recovery Branch Authorized Person Mobile No.1 :

  

9448990277

Recovery Branch Authorized Person Email Id-1 :

  

sbi.40564@sbi.co.in

Property Belongs To :

  

Borrower

Borrower Name :

  

Smt. R. Anjali

Borrower Address :

  

W/o. G. Ramakrishnan, No.1534 C & D Block, Anikethana Main Road, Kuvempunagar, Mysore.

Borrower State :

  

Karnataka

Borrower District :

  

Mydore

Borrower City :

  

Kuvempunagar

Borrower Location :

  

Anikethana Main Road

Borrower 2 Name :

  

Smt. V. Gowri

Borrower 2 Address :

  

W/o. R. Vijayakumar, No.1534 C & D Block, Anikethana Main Road, Kuvempunagar, Mysore.

Borrower 2 state :

  

Karnataka

Guarantor Name :

  

Smt. Nagarathna

Guarantor 2 Name :

  

Sri. Roopesh Murthy N

Guarantor 3 Name :

  

Sri. Dinesh N

Guarantor 4 Name :

  

Smt. Sharaona

Guarantor 4 Address :

  

No.7, 2nd Main Road, 5th Cross, Govindarajanagar, Bangalore 560040.

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.

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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