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Auction Sale of Property (Land): Containing in Extent: A0:R0:P10.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:3976612
Publication Date:   Sep 26, 2009
Deadline:   Sep 30, 2009
Buyer:   Dfcc Bank
Original Language:   English

Contact Information
Address:   DFCC Bank
Head Office & Showroom: 24 Torrigton Road
Kandy
Sri Lanka
Telephone:   081 2227593, 081 2224371, 011 2502680/ 011 2585408, 011 2588176
Fax:   081 2224371, 011 2588176
Email:   Click here

Goods, Works and Services

 

Original Text

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Opening date of tender: 09/30/2009 11:00

Note: Description of Property Mortgaged by Mortgage Bond No. 1593
All that divided and defined allotment of land marked Lot No.2 depicted in Plan No.2092 dated 20.08.2001 made by A D M J Rupasinghe Licensed Surveyor of the land called MARAGAHAWATTA situated at Pitipana South Village within the Pradeshiya Saba Limits of Homagama in Palle Pattu of Hewagam Korale West in the District of Colombo Western Province.
Together with trees, plantations soil and everything else standing thereon and the right of way in over and along Lot No. R 2 in the said Plan.
The Property Mortgaged to DFCC Vardhana Bank By: Mahavithana Lalani Mendis of Pannipitiya has made default in payments due on Mortgage Bond No.1593 dated 11/01/2008 attested by W A Weerasinghe Notary Public of Panadura.
Access to Property: Situated at Pitipana South Village within the Pradeshiya Saba Limits of Homagama in Palle Pattu of Hewagam Korale West in the District of Colombo Western Province.

Auction Sale on Wednesday 30th September 2009 at 11.00 am at the spot.
Mode of Payment: The Successful purchaser will have to pay the following amounts in cash at the fall of the hammer.
1) 10% (Ten Percent) of the Purchased Price.
2) 1% (One Percent) of the sales Taxes payable to the Local Authority.
3) Auctioneer's Commission of 2 1/2% (Two and a half percent only).
4) Total cost of advertising Rs.33,000.00
5) Clerk's & Crier's Fee of Rs.500.00
6) Notary's Fee for condition of Sale Rs.2000.00
The balance 90% of the purchased price together with any other statutory levies, duties, taxes or charges whenever applicable and imposed by the Government of Sri Lanka or any other authority to be payable within 30 days from the date of sale.
For further particulars please contact the Legal Department of DFCC Bank on Tel: 011- 2442442
Conditions of Sale: 1) The highest bidder becomes the purchaser. Should any dispute arise between two or more bidders the lot will be put up again and re-sold.
2) A deposit of 50 percent (50%) to be made on each lot if required, at the time of sale.
3) All lots to be at the risk of the purchaser from the time of purchase, and no lot can be delivered while the sale is proceeding.
4) Should any mistake be made in describing a lot such mistake will not be held to vitiate or effect the sake if such lot in anyway – it being understood that intending purchasers will satisfy themselves on all points before bidding and no allowance will be made for imperfections discovered after the lots are knocked down.
5) No goods to be removed without the sanction of the Auctioneer. Any person removing any portion of the property without an order from the Auctioneer will be subject to an action at law.
6) Purchasers will bear all expenses of taking down and removing all lots purchased and shall make good any unnecessary damage which may be caused thereby.
7) Notice- Servant’s bids will not be taken unless they produce an authority from their masters prior to the sale.
8) All articles must be paid for before delivery and removed immediately after the sale, otherwise they will be resold by public or private sale at the risk of the purchaser who will not be entitled to claim any surplus if any, at such re-sale will be liable for any deficiency.
9) The Auctioneer to have the option to refuse any bids.
10) No Goods will be Delivered without Payment.
Please note that this notice is for your information only.
We try our best to have the most accurate and up-to-date information available on our web site, but we cannot guarantee that all of the information provided is error-free.
If you have any suggestions for updates/corrections for this notice, please let us know.