#2538: Residential Land and Building In Kanchipuram, Tamil Nadu, Sale by Bank Of Baroda. Listing Id - 2538

  • 34,91,000 ₹
  • Published date: August 6, 2019
  • Modified date: August 6, 2019
    • Salabogam Village, Kancheepuram (Kanchipuram), Kanchipuram, Tamil Nadu

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Sale by Bank – Residential Land and Building in Salabogam Village, Kanchipuram, Tamil Nadu.
Sale by Bank of Baroda, Regional Office Stressed Assets Recovery Branch, Chennai.
Reserve Price: Rs. 34.91 Lakhs, E - Auction Date: 12th 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: sarche@bankofbaroda.com
If You Are Call to Land Line Number: 044 - 23454221

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 Land and Building in Salabogam Village, Kanchipuram, Tamil Nadu. Being Sold by Bank of Baroda, Regional Office Stressed Assets Recovery Branch, Chennai. 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 Land and Building in Salabogam Village, Kanchipuram, Tamil Nadu. Being Sold by Bank of Baroda, Regional Office Stressed Assets Recovery Branch, Chennai. 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 Land and Building in Salabogam Village, Kanchipuram, Tamil Nadu. Being Sold by Bank of Baroda, Regional Office Stressed Assets Recovery Branch, Chennai. I (My Name is “----------”, My mobile Number is “1234567891”) am interested in going ahead with the transaction, if the selling price is Rs. 31.41 Lakhs instead of Rs. 34.91 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 :

  

Residential Land and Building in Salabogam Village, Kanchipuram, Tamil Nadu.

Locality :

  

Kanchipuram

Google Map Site :

  

https://www.google.co.in/maps/place/Salabogam,+Tamil+Nadu+614207/@hl=en

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

  

1176 Sq.ft.

Details About Area of the Land :

  

Measuring East to West on the Northern Side : 39.5 Feet.
East to East on the Southern Side : 40 Feet.
North to South on the Eastern and Western side : 57 Feet.

Land Equivalent in Local Measurement :

  

1176 Sq.ft.

Boundaries :

  

East by : Land in S. No. 2138, 2139.
West by : Land in S. No.2132.
North by : Road.
South by : Land in S.No.2134, 2136, and 2137 and Kalyan's Portion.

E Auction Date :

  

12/09/2019

E Auction Starting Time :

  

11.00 AM

E Auction Ending Time :

  

1.00 PM

Outstanding Amount + Interest Cost in Rs. :

  

50,97,634

Description About Outstanding Amount + Interest Cost :

  

Amount In Words :
Rupees Fifty Lakhs Ninety Seven Thousand Six Hundred and Thirty Four Only.

Reserve Price Rs. :

  

34,91,000

Description About Reserve Price Rs. :

  

Amount In Words :
Rupees Thirty Four Lakhs and Ninety One Thousand Only.

EMD Value Rs. :

  

3,49,100

Bid Incremental Value Rs. :

  

25,000

Date For Inspection For the Asset From. :

  

07/09/2019

Timing(s) For To Inspect The Property :

  

11.00 AM to 3.00 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 :

  

Bank of Baroda

Name Of The Branch To Pay EMD :

  

Regional Office Stressed Assets Recovery Branch

Pay EMD With The Name :

  

Earnest Money Deposit

Account Number to Pay EMD :

  

60420015181219

IFSC Code For Pay EMD :

  

BARB0SARCHE

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 :

  

14/07/2015

Date Of Possession Notice Given. :

  

15/10/2015

Sale Conducted By :

  

Public Bank

Name Of The Bank/Financial Institution :

  

Bank of Baroda

Recovery Branch Name :

  

Regional Office Stressed Assets Recovery Branch

Recovery Branch Address :

  

Bank of Baroda, Regional Office Stressed Assets Recovery Branch, No.90, C P Ramasamy Road, 2nd Floor, Alwarpet, Chennai - 18.

Recovery Branch State :

  

Tamil Nadu

Recovery Branch District :

  

Chennai

Recovery Branch City :

  

Alwarpet

Recovery Branch Location :

  

C P Ramasamy Road

Recovery Branch Pincode :

  

600018

Recovery Branch Telephone No.1 :

  

044 - 23454221

Recovery Branch Email 1 :

  

sarche@bankofbaroda.com

Property Belongs To :

  

Borrower

Borrower Name :

  

M/s. Sri Kumaran Tex

Borrower 2 :

  

Mrs. R. Arulselvi

Guarantor Name :

  

Mr. K M Raja

Guarantor 2 Name :

  

Jeevanatham

Terms & Conditions 1 :

  

The Immovable property will be sold on "AS IS WHERE IS and WHATEVER THERE IS" and "WITHOUT RECOURSE" basis and will not be sold below reserve price.

Terms & Conditions 2 :

  

Only those bidders having valid Login ID and Password on e-auction portal and has confirmed payment of EMD and uploaded their KYC details on e- auction portal will only be permitted to participate in the e-auction.

Terms & Conditions 3 :

  

Sale shall be confirmed in favour of the purchaser who has offered the highest sale price in his bid and shall be subject to confirmation by the secured creditor.

Terms & Conditions 4 :

  

Authorised officer reserves the rights to postpone/cancel/vary the terms and conditions of the e-auction without assigning any reason thereof and his dicision shall be final in this regard.

Terms & Conditions 5 :

  

Due care has been taken by the Authorised Officer to include all relevant particulars of the secured asset herein above and neither the Authorised Officer nor the Secured Creditor shall be laible for any error, ommossion or misstatement in this sale notice.



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