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Auction Sale of Property : Valuable Residential Property, In Extent 111.10 Perches, In Extent Lot 4-21 1/2 Perches Lot 8-18 Perches Lot 3A - 6 1/2 Perches (Total - 46 Perches).

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4359509
Publication Date:   Mar 6, 2010
Deadline:   Mar 25, 2010
Buyer:   Seylan Bank Limited
Original Language:   English

Contact Information
Address:   Court Commissioner, Auctioneer
Seylan Bank Limited
12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road
Colombo
Sri Lanka
Telephone:   011-2456284, 011-2456285, 011-2456291
Fax:   071-4755974

Goods, Works and Services

 

Original Text

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Opening date of tender: 03/25/2010 00:00

By virtue of Authority granted to me by the Board of Directors of Seylan Bank PLC to sell by Public Auction the properties secured to Seylan Bank PLC for the facilities granted to Wa-Lu Aqua (Pvt) Limited having its registered office at Kandy and Manel Theresse Edirisinghe nee Fonseka and David Chandrasiri Edirisinghe both of Kandy as the Obligors.
I Shall Sell By Public Auction The Property Described Here To On 25th March 2010 At The Spot.
1st Sale: At 11.00 a.m.
Valuable Residential Property Situated Within The Municipal Council Limits Of Kandy In The Village Of Wattarentenna Divided Portion Out Of The Land Called Wattarantenna Estate Depicted In Plan No. 10213 Dated 27/8/1996 Made By A. H. M. Navaratne Licensed Surveyor Together With Everything Else Standing Thereon In Extent 111.10 Perches.
Access to Property:- Proceed from Kandy Town to Asgiriya and down Sri Sumangala Mawatha to Mapanawatura Junction and along Mapanawatura Road for a distance of about 1 KM and turn to Col. Ratwatta Mawatha and turn left and proceed about 200 Meters and turn left to Wattarantenna Place. Proceed about 1KM and at the folk proceed along the upper left folk for a distance of about 20 Meters and turn left to gravel road (about 50 Mts. before Singapore Temple) which leads to the subject land at a distance of about 100Mts.
2nd Sale: At 11.30 a.m.
Residential Property Situated Within The Municipal Council Limits Of Kandy In The Village Of Mapanawatura Divided Three Lots Marked Lot 4, Lot 8 And Lot 3a Depicted /N Plan No. 774 Dated 12/10/1967 Made By J. Yatawara Licensed Surveyor Out Of The Land Called Paragaha-Muladeniye Aswedduma Together With Everything Else Standing There on In Extent Lot 4-21 1/2 Perches Lot 8-18 Perches Lot 3A - 6 1/2 Perches (Total - 46 Perches).
Access to Property:- Proceed from Kandy Town to Asgiriya and along Sri Sumangala Mawatha to Mapanawatura Junction and turn fight to Mapanawatura Road and proceed a short distance of about 100 Meters and the subject land is on the right hand side 10Mts. off Mapanawatura Road fronting the tarred private access road.
For notice of resolution refer the Govt. Gazette of 23/01/2009 Daily Mirror, Lankadeepa dated 16/01/2009 and Virakesari dated 28/01/2009. For notice of Sale refer the Govt. Gazette of 19/02/2010.
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 21/2% (Two and Half Percent) of the sale price.
5) 50% of the total cost of Advertising.
6) Clerk 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 may be inspected from the A. G. M. Legal, Seylan Bank PLC, 12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road, Colombo 3. Tel: 011-2456284, 011-2456285, 011-2456291.
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