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Auction Sale of Property : in extent 07 Perches.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4359451
Publication Date:   Mar 6, 2010
Deadline:   Mar 25, 2010
Buyer:   Seylan Bank Limited
Original Language:   English

Contact Information
Address:   Courts And Commercial Banks Recognized Auctioneer
Seylan Bank Limited
A.G.M. Legal, 12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road
Colombo 03
Sri Lanka
Telephone:   011-2456284 - 2456285 - 2456291, 081-2211025/071-4755974
Fax:   081-2211025

Goods, Works and Services

 

Original Text

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Opening date of tender: 03/25/2010 14:30

Valuable property situated within the Matale Pradeshiya Sabha Limits, in the Village of Palapathwaia divided portion depicted as Lot 6 In Plan No. 773 dated 08.01.2002 made by E. S. I. Rajakaruna, Licensed Surveyor out of the land called Alawathukanatewatta together with everything else standing thereon in extent 07 Perches.
Access to Property : From Matale Town Centre proceed along Dambulla Road about 6km up to Palapathwala Junction to reach the subject property situated on the ' right side of the road.
Property secured to Seylan Bank PLC for the facilities granted to Kotagolle Gedara Sumiththa Bandara Samarakoon as the Obligor.
I Shall Sell By Public Auction The Property Described Above On 25th March 2010 At 2,30 P.M. At The Spot.
For notice of resolution refer the Govt. Gazette dated 13.11.2009, Daily Mirror, Lankadeepa dated 16.11.2009 & Thinakkural dated 11.11.2009. 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 2 ½% (Two and Half Percent) of the sale price.
5) 50% of the total cost of Advertising.
6) Clerk and Criers wages Re. 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; A.G.M. Legal, Seylan Bank PLC, 12th Floor, Ceylinco Seylan Towers, No. 90, Galle Road, Colombo. 03. Tel: 011-2456284 - 2456285 - 2456291.
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