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Auction Sale of Property : Land Together with Buildings, Trees & Plantations Containing in Extent Nought Eight Perches (A:0-R:0-P:08).

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Lavinia
Notice/Contract Number:   ept:4330459
Publication Date:   Feb 23, 2010
Deadline:   Mar 12, 2010
Buyer:   Commercial Bank Of Ceylon Limited
Original Language:   English

Contact Information
Address:   The Manager, Justice of the Peace Licensed Auctioneer, Valuer & Court Commissioner
Commercial Bank Of Ceylon Limited
295, Galle Road
Lavinia
Sri Lanka
Telephone:   011-2737100, 011-2737074 & 5, 011-3144520
Fax:   011-2737067, 011-2445393

Goods, Works and Services

 

Original Text

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Opening date of tender: 03/12/2010 11:30

By virtue of authority granted to me by the Commercial Bank of Ceylon PLC (Registration No. PQ. 116) under Section 4 of the Recovery of Loans by Banks (Special Provisions) Act No. 4 of 1990, I shall sell by Public Auction the property described below at the spot.
On 12th day of March 2010 at 11.30 a.m.
All that divided and defined allotment of land marked Lot 1 B depicted in Plan No. 3598 dated 1st August 1991 made by W. O. J. Fernando Licensed Surveyor of the land called Madangahawatte situated at Idama at Moratuwa, Palle Pattu, Colombo District, Western Province and containing in extent.
Nought Eight Perches (A:0-R:0-P:08).
Together with buildings, trees, plantations and everything else standing thereon.
The property that is mortgaged to the Commercial Bank of Ceylon PLC by Champika Kumudini Nagodawithana as obligor.
Please see the Govt. Gazette, Lakbima and The Island newspapers dated 13.11.2009 and The Island and Veerakesari newspapers dated 14.11.2009 regarding the publication of the Resolution. Also see the Government Gazette of 2010-02-19 and Lakbima newspapers dated 2010-02-19 regarding the publication of the Sale Notice.
Access to the Land : It is located on the land side of Galle Road in Moratuwa and is a few meters before reaching the famous “Kurusa Junction” while proceeding from Colombo and it is about 18.5 Kms from Colombo Fort it is on a 10 ft. wide access next to the A.G.A. Office in Moratuwa.
Mode of Payment :
The successful purchaser should pay the following amounts in cash to the Auctioneer at the fall of the hammer.
Ten percent (10%) of the purchase price.
One percent (1%) as Local Authority Tax.
Two decimal five percent (2.5%) as the Auctioneer's Commission.
Notary attestation fees Rs. 2000/-.
Clerk's and Crier's wages Rs. 500/-.
Total costs of advertising incurred on the sale.
The balance ninety percent (90%) of the purchase price should be deposited with the Commercial Bank of Ceylon PLC or at the Mt. Lavinia branch within 30 days from the date of sale. Further particulars regarding the title deeds and other connected documents could be obtained from the following officers.
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