#2543: Residential Apartment In Bangalore (RajajiNagar), Sale by Bank Of Baroda. Listing Id - 2543

  • 1,24,20,000 ₹
  • Published date: August 7, 2019
  • Modified date: August 7, 2019
    • RajajiNagar, Bangalore, Bangalore Rural, Karnataka

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Sale by Bank – Residential Apartment bearing No.E-701, Situated at RajajiNagar, Bangalore, Karnataka - 560022.
Sale by Bank Of Baroda, Corporate Financial Services Branch, Bangalore.
Reserve Price: Rs. 1.24 Crore, E - Auction Date: 3rd Sep 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: armban@bankofbaroda.com
If You Are Call to Land Line Number: 080 - 25011361 / 080 - 25011279

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 Apartment bearing No.E-701, Situated at RajajiNagar, Bangalore, Karnataka - 560022. Being Sold by Bank Of Baroda, Corporate Financial Services Branch, Bangalore. 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 Apartment bearing No.E-701, Situated at RajajiNagar, Bangalore, Karnataka - 560022. Being Sold by Bank Of Baroda, Corporate Financial Services 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 Apartment bearing No.E-701, Situated at RajajiNagar, Bangalore, Karnataka - 560022. Being Sold by Bank Of Baroda, Corporate Financial Services 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. 1.11 Crore instead of Rs. 1.24 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 Apartment bearing No.E-701, Situated at RajajiNagar, Bangalore, Karnataka - 560022.

Locality :

  

Bangalore

Google Map Site :

  

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

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

  

1494 Sq.ft.

Land Equivalent in Local Measurement :

  

1494 Sq.ft.

Boundaries :

  

East by : CITB Road.
West by : CITB Road and private property bearing corporation No.25/1-
1 belonging to Ravindu Motors Pvt Ltd.
North by : CITB Road.
South by : CITB Road.

E Auction Date :

  

03/09/2019

E Auction Starting Time :

  

11.00 AM

E Auction Ending Time :

  

1.00 PM

Outstanding Amount + Interest Cost in Rs. :

  

65,99,38,962

Description About Outstanding Amount + Interest Cost :

  

Amount In Words :
Rupees Sixty Five Crore Ninety Nine Lakhs Thirty Eight Thousand Nine Hundred and Sixty Two Only.

Reserve Price Rs. :

  

1,24,20,000

Description About Reserve Price Rs. :

  

Amount In Words :
Rupees One Crore Twenty Four Lakhs and Twenty Thousand Only.

EMD Value Rs. :

  

12,42,000

Bid Incremental Value Rs. :

  

25,000

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 :

  

02/09/2019

Ending Time For Bid Submission :

  

5.00 PM

Name of The Bank To Pay EMD :

  

Bank Of Baroda

Name Of The Branch To Pay EMD :

  

Corporate Financial Services Branch

Pay EMD With The Name :

  

Earnest Money Deposit

Account Number to Pay EMD :

  

25280015181219

IFSC Code For Pay EMD :

  

BARB0CORBAN

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 :

  

Bank Of Baroda

Recovery Branch Name :

  

Corporate Financial Services Branch

Recovery Branch Address :

  

Bank Of Baroda, Corporate Financial Services Branch, Vijaya Building, 3rd Floor, 41/2, M G Road, Bangalore - 560001.

Recovery Branch State :

  

Karnataka

Recovery Branch District :

  

Bangalore

Recovery Branch City :

  

M G Road

Recovery Branch Location :

  

Vijaya Building

Recovery Branch Pincode :

  

560001

Recovery Branch Telephone No.1 :

  

080 - 25011361

Recovery Branch Telephone No.2 :

  

080 - 25011279

Recovery Branch Email 1 :

  

armban@bankofbaroda.com

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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