Auction Sale of Valuable Residential Property :- In Extent 6.12 Perches.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4054868
Publication Date:   Nov 4, 2009
Deadline:   Nov 13, 2009
Buyer:   Seylan Bank Limited
Original Language:   English

Contact Information
Address:   Court Commissioner Auctioneer State and Commercial Banks
Seylan Bank Limited
12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road
Colombo  
Sri Lanka
Telephone:   011-2456284, 011-4701284, 011-2456291, 081-2211025, 071-4755974
Fax:   081-2211025

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/13/2009 13:30

Note: Mode Of Payment :- The successful Purchaser should pay the following amounts in cash at the fall Of the Hammer.
1) 10% of the Purchase Price at the fall of the Hammer.
2) Balance 90% of the Purchase Price within 30 working days of the sale.
3) Local Sale Tax to the Local Authority and any other tax imposed by the Govt, or Local Authorities.
4) Auctioneer's commission of 2 ½ % (Two and a Half Percent) of the Sale Price.
5) 50% of the total cost of Advertising.
6) Clerk's and criers wages Rs. 500/-.
7) Notary Attestation fees for conditions of sale Rs. 2000/-.

Sale under Section 04 of the Recovery of Loans by Banks (Special Provisions) Act No. 4 of 1990.
Valuable Residential Property situated within the Kotikawatte — Mulleriyawa Pradeshiya Sabha Limits in the Village of Kotuwila in Ambatale Pahala divided portion out of the land called Bogahawatta depicted as Lot A in Plan No. 3760 dated 25-04-1996 made by Saliya Wickramasinghe, Licensed Surveyor together with the buildings and everything else standing thereon in extent 6.12 perches.
Property secured to Seylan Bank PLC for the facilities granted to Dodampe Chandrani Gnanalatha Jayawardena and Premadasa Hewawitharana as the obligors. Access to property: From Thotalanga Junction proceed along Ambatale Road via Sedawatta for about 2.2km up to Kotuwila to reach the subject property (bears assessment No.211 A/1, Ambatale Road, Kotuwila).
I Shall Sell By Public Auction The Property Described Above On 13th November 2009 At 1.30 Pm At The Spot.
For notice of resolution refer the Govt. Gazette dated 19.06.2009, Daily Mirror ' dated 06.06.2009, Lankadeepa dated 22.08.2009 and Thinakkural dated 05.06.2009. For Notice of Sale refer the Govt. Gazette of 23-10-2009.
Mode Of Payment :- The successful Purchaser should pay the following amounts in cash at the fall Of the Hammer.
1) 10% of the Purchase Price at the fall of the Hammer.
2) Balance 90% of the Purchase Price within 30 working days of the sale.
3) Local Sale Tax to the Local Authority and any other tax imposed by the Govt, or Local Authorities.
4) Auctioneer's commission of 2 ½ % (Two and a Half Percent) of the Sale Price.
5) 50% of the total cost of Advertising.
6) Clerk's and criers wages Rs. 500/-.
7) Notary Attestation fees for conditions of sale Rs. 2000/-.
If the balance 90% payment is not made within 30 days as stipulated above, Bank shall have the right to forfeit 10% already paid and to resell the property. Title Deeds and other connected Documents could be inspected from the AGM Legal, Seylan Bank PLC, 12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road, Colombo 03." Tel. 011-2456284, 011-4701284, 011-2456291.
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