Auction Sale of a Valuable Property :- Residential Apartment Unit marked 5944A/F6/U6 (on the Sixth Floor) on Condominium Plan No. 2001/153.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4061510
Publication Date:   Nov 3, 2009
Deadline:   Nov 16, 2009
Buyer:   Nations Trust Bank Limited
Original Language:   English

Contact Information
Address:   Triad Auctioneers
Nations Trust Bank Limited
No. 242, Union Place
Colombo   02
Sri Lanka
Telephone:   011-4313158

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/16/2009 10:00

Note: Mode of payment:
The purchaser will have to pay the following amounts in cash at the fall of hammer.
1) 10% of the purchase price (balance 90% of the purchase price should be paid to the Nations Trust Bank PLC within thirty days from the date of sale together with the taxes and levis applicable to the purchase price.)
2) 1% sales tax to the Local Authority.
3) Auctioneer's Commission of 2 ½ % of the purchase price.
4) Cost Of Advertising and other expenses incurred by the Bank.
5) Notary's attestation fee Rs. 2,500/- for the Conditions of Sale.
6) Clerk's and crier's fee Rs. 500/-.

All that Residential Apartment Unit marked 5944A/F6/U6 (on the Sixth Floor) on Condominium Plan No. 2001/153 dated 20/06/2001 made by G. Chandrasena Licensed Surveyor bearing Assessment No. 30 6/6, Vivekananda Road, Wellawatte situated in Ward No. 47 Wellawatte South within the Municipal Council Limits of Colombo Western Province (697.59 Sq. Feet) according to the said Condominium Plan No. 2001/153.
The property mortgaged to Nations Trust Bank PLC by Mohomed Nilam Mohomed Abusalam of No. 134, Canal Bank Road, Off Hill Street, Dehiwala has made default in payment of money due on Mortgage Bond bearing No. 45 dated 26th December2005 attested by W. M. P. P. N. Mahipala Notary Public of Colombo.
Under the authority granted to me by National Trust Bank PLC I shall sell by Public Auction On 16th November 2009 Commencing at 10.00 a.m. at the spot.
Please see the Government Gazette dated 30-01-2009 and, The Island, Divaina and Thinakkural Newspapers dated 06-01-2009 Regarding the publication of Notice of Resolution. Access to the property: Proceed along Colombo-Galle Road A2 Highway for nearly 8 kilometers, turn right on to Vivekananda Road proceed for about 125 meters. The property is on the right in housing complex namely "Oasis Residences".
Mode of payment:
The purchaser will have to pay the following amounts in cash at the fall of hammer.
1) 10% of the purchase price (balance 90% of the purchase price should be paid to the Nations Trust Bank PLC within thirty days from the date of sale together with the taxes and levis applicable to the purchase price.)
2) 1% sales tax to the Local Authority.
3) Auctioneer's Commission of 2 ½ % of the purchase price.
4) Cost Of Advertising and other expenses incurred by the Bank.
5) Notary's attestation fee Rs. 2,500/- for the Conditions of Sale.
6) Clerk's and crier's fee Rs. 500/-.
Title deeds and all documents may be inspected at Nations Trust Bank PLC at No. 242, Union Place, Colombo 2. Tel: 011-4313158.
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