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Auction Sale of Property :- Valuable Residential Property in Extent 48 Perches.

Request For Proposals

General Information

Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4076158
Publication Date:   Nov 10, 2009
Deadline:   Nov 23, 2009
Buyer:   Seylan Bank Limited
Original Language:   English

Contact Information

Address:   Courts And Commercial Banks Recognized Auctioneer
Seylan Bank Limited
12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road
Colombo 03
Sri Lanka
Telephone:   011-2456284, 011-2456285, 081-2211025, 071-4755974
Fax:   081 -2211025

Goods, Works and Services

 

Original Text

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Opening date of tender: 11/23/2009 11:30

Valuable Residential Property Situated in the Village of Beriwewa divided portion out of the land Called Katuimbulgahamulahen A depicted as Lot 2 in Plan No. 2744 dated 20/07/1993 made by R. B. Navaratne, Licensed Surveyor together with the residential building and everything else standing thereon in extent 48 perches.
Property secured to Seylan Bank PLC for the facilities granted to Gammana Arachchige Ananda Piyaratne of Kuliyapitiya as the obligor.
Access to property: From Kuliyapitiya Town proceed along Madampe Road and turn onto Bowatta Road and continue about 5V, km and turn left to gravel road leading to Beriwewa and further about 200 yards to reach the property on the left side.
I Shall Sell By Public Auction The Property Described Above On 23rd November 2009 at 11.30 a.m. At The Spot.
For notice of resolution refer the Govt. Gazette of 29/05/2009, Daily Mirror, Lankadeepa of 14.05.2009 and Virakesari dated 15/05/2009. For notice of sale refer the Govt. Gazette of 06/11/2009.
Mode Of Payment:-
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 Government 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 crier's wages Rs. 500/-.
7) Notary Attestation fees for conditions of sale Rs. 2,-000/-.
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 may be inspected from the AGM Legal, Seylan Bank PLC, 12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road, Colombo 03. Tel: 011-2456284, 011-2456285.
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