Auction Sale of Valuable Residential Property: Hectares decimal Naught two six seven (.0267).

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4045390
Publication Date:   Oct 28, 2009
Deadline:   Nov 13, 2009
Buyer:   Peoples Bank
Original Language:   English

Contact Information
Address:   Peoples Bank
Kurunduwatta in Ekala in the District of Gampaha
Colombo  
Sri Lanka

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/13/2009 00:00

Access To The Property: From Center of Ja-Ela Village Council Road proceed 600 meters Ja-Ela to Ekala. Road and at the right hand side there is a road called "Raja Mawatha" proceed Raja Mawatha and proceed 2 km at the right side of the road then there is a land called Crooswatta. Crooswatta at right side 9th Lane there is a road called Jayantha i Kulatunga Mawatha. From there proceed 300 meters there is a gravel road at the left hand side. At right side of the gravel road the 3rd house is a No. 44. This property is situated there.
Mode Of Payment: The successful purchaser will have to pay the following amounts in cash at the fall of the hammer; 1) 0 % of the purchase price; 1 % Local Authority Tax payable to the Local Authority; Auctioneer's Commission of 2 1/2% (Two and a half percent only) on the sale price; Clerk's and Crier's fee of Rs. 500/ -; Cost of sale and any other charges if any; Stamp duty for the Certificate of Sale.
Balance 90% of the purchase price will have to be paid within 30 days from the date of sale to the Regional Manager at the following address. Regional Manager, People's Bank, No. 131, Kandy Road, Balummahara, Mudungoda; Tel. Nos 033-2222325, 033-2226741 Fax No. 033-2226165; Title Deeds and any other references may be obtained from the aforesaid address.
If the said amount is not paid within 30 days as stipulated above, the Bank shall have the right to forfeit ten percent (10 %) of the purchase price already paid and resell the property.
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