SL - No. Plot Plot Area in SQ - Yds. Upset Price Fixed Per Each Plot
SL - No. Plot Plot Area in SQ - Yds. Upset Price Fixed Per Each Plot
SL - No. Plot Plot Area in SQ - Yds. Upset Price Fixed Per Each Plot
3. 25% of the bid amount and 1% Auction expenses on bid amount will be
collected within 7 days from the date of auction and the balance 75% of bid
amount should be paid within 30 days from the date of approval without
interest or within 60 days with interest at the rate of 18% per annum
commenced from 31st day of auction approval. However, the highest bidder
can avail permission for extra time of another 60 days with interest at the
rate of 24% per annum commenced from 31st day of auction with the prior
permission of Managing Director, APRSCL. For violation of this payment
condition 25% deposit, 1% auction expenses and further amounts if any
remitted by the successful bidder will be forfeited to the A.P.RAJIV
SWAGRUHA CORPORATION LIMITED and Plot will be put to re-
auction.
5. The Highest Bidder has no legal right to claim the ownership of the plot till
the auction is confirmed by the Managing Director, APRSCL, and till
payment of entire bid amount and till the plot is registered in his/her name.
7. The plot will be registered in favour of the auction purchaser only. If more
than one person jointly participated in the auction for a single plot, they
should get the particulars recorded on the day of auction during auction
process itself. Plot will not be sub divided between the joint bidders.
8. The plot offered for sale will be sold in auction on as is where is basis. It
shall be the responsibility of the auction purchaser to satisfy himself/herself
about the condition of the plot before he/she participated in the auction. The
APRSCL will not entertain any kind of objections after the bid is knocked
down in favour of the highest bidder.
Managing Director,
A.P.Rajiv Swagurha Corporation Ltd.
VIJAYAWADA.