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Auction Sale of Property : in Extent 59 Acres — 09 Perches.

Request For Proposals

General Information
Country:   Sri Lanka
City/Locality:   Colombo
Notice/Contract Number:   ept:4363143
Publication Date:   Mar 9, 2010
Deadline:   Mar 26, 2010
Buyer:   Seylan Bank Limited
Original Language:   English

Contact Information
Address:   Court Commissioner Auctioneer State and Commercial Banks
Seylan Bank Limited
12th Floor Ceylinco Seylan Towers, No. 90, Galle Road
Colombo 03
Sri Lanka
Telephone:   011-2456284, 011-2456285, 2456291, 081-2211025, 071-4755974
Fax:   081-2211025, 071-4755974

Goods, Works and Services

 

Original Text

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Opening date of tender: 03/26/2010 11:00

Valuable Property Suitable For Prawn Farming Situated Within The Arachchjkattuwa Divisional Secretary's Division in the Villages Of kusalai and Vairankattuwa Divided Five Lots Marked Lots 08, 09, 10,11 And 12 Depicted in Diagram No. 001 Dated 28/11/1994 Made By M B Bruno Licensed Surveyor Out Of The Land-Called Kusalawatta Block B Together With The Buildings And-Everything Else Standing Thereon In Extent 59 Acres — 09 perches.
Access to Property:- From Chilaw proceed along Puttalam Road for about 12.5KM and turn left on to M D Yapa Mawatha few Meters beyond Divisional Secretary's Office. Proceed about 3.3km on this road (bearing right after about 3km where the road branches off towards the lagoon) to reach the entrance gate to the property.
I Shall Sell By Public Auction The Property Described Above On 26th March 2010 At 11.00 Am At the spot.
For notice of resolution refer the Govt. Gazette of 23/01/2009 Daily Mirror, Lankadeepa dated 16/01/2008 and Virakesari dated 26/01/2009. For notice of sale refer the Govt. Gazette of 19/02/2010. Property secured to Seylan Bank PLC for the facilities granted to Walu Aqua (Private) Limited having its registered office at Kandy and Manel Thereese Edirisinghe and David Chandrasiri Edirisinghe both of Kandy as the Obligors.
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) Auctioneers 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 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, 2456291.
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