bore

REF: ARM/ SDEC/2021

A Canara Bank

- BY RPAD

DATE: 24.06.2022

Dear Sir,

SUB: NOTICE ISSUED IN TERMS OF SEC.13 (4) OF THE SARFAESI ACT 2002, READ WITH
RULE 8 (6) & (9) OF THE SECURITY INTEREST (ENFORCEMENT) RULES, 2002.

As you are aware,

I on behalf of Canara Bank, ARM branch II Bangalore-560 001 have taken
,

possession of the assets described in schedule of Sale Notice annexed hereto in terms of
section 13 (4) of the subject Act in connection with
outstanding dues payable by you to our
ARM Branch I, BANGALORE-560 001 of our Bank.

The undersigned proposes to sell the assets

schedule of Sale Notice.
(through e-auction) more fully described in the

Hence, in terms of the provisions of the subject Act and Rules made there under, I am
herewith sending the Sale Notice
containing terms and conditions of the sale. You are
given a last and final opportunity to discharge the liability in full as stated in the Sale hereby
Notice
enclosed within 15 days from the date of this
notice, and reclaim the assets which has been
possessed by the bank, failing which the assets will be sold as per the terms and condition5
set out in the Sale Notice.

This is without prejudice to any other

rights available to the Bank under the subject Act/or
any other law in force.

Yours faithfully,

For CANARA BANK

vem kum
AUTHORIZED OFFICER Enclosure: Sale Notice
ATp srd / Authorsed Ofioer
T. . . 1 /ARM Branch-II
06, VH. E, Tre-560 001
86, M. G. Road; BENGALURU -560 001

ARM Branch- I1, 2nd Floor, Circle Office, Spencer Towers, No.86, M G Road, Bengaluru-560001.
Telephone numbers 080-25593070, 25310181 e-mail cbé298@canarabank.com
 oe
A Canara
Bank

To:

M/s.Vasundhara Builders,
office cum Residence Address of 1& 2:
Managing Partners: No.286/A (New No.28)
1. Sri Anil G Manakame gthMain,7th Cross,
Hanumanthanagar,
Partners: Bangalore-560019
2. Smt. Shubha Anil,

3. Mrs Roopa N Swamy,

W/o Late AC Nanjundaswamy Patel

4. Mr Shreyas N Patel,
S/o Late AC Nanjundaswamy Patel

5. Mrs Spoorthi N Patel,

D/o Late AC Nanjundaswamy Patel

No.3, 4, 5 are residing at:

No 120, Skanda, 20th Main Road,
Avalahally, Bangalore-560026

NMAS ASAAMA) 107

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NGALUR
ARW Branch- Il, 2n Floor, Circle Office, Spencer Towers, No.86, MG Road,
Telephone numbers 080-25593070, 25310181- e-mail Bengaluru-560001.
cb6298@canarabank.com
bore d Canara Bank
CANARA BANK
(A GOVERNMENT OF INDIA UNDERTAKING)
SALENOTICE
E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and
Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read
with proviso to Rule 8 (6) & (9) of the Security Interest (Enforcement) Rules, 2002.

in particular and
to the Borrower (s)
Notice is hereby given to the public in general and
to the
Guarantor (s) that the below described immovable properties mortgaged /charged
of which has been taken by the Authorised Officer of
Secured Creditor, the possession
"As is where is", "As is what
ARM Branch Il Bangalore of the Canara
,
Bank, will be sold on
of Rs.20,94,46,499/- (Rupees
is", and Whateverthere is" on 15.07.2022, for recovery
"

thousand Four hundred Ninety Nine only) as on

Twenty Crores Ninety Fouf lakhs Forty Six
costs etc till realization due to ARM
31.05.2022, togethef With futüre interest, expenses and Builders & others.
Branch ll, Bangalore of Canara Bank from M/s. Vasundhara

deposit will be as follows.

The reserve price and theearnest money
10h
Rs 30,00,000/- for Flat No. 1004, A-Block, 2BHK,
| Reserve price of pröperty" 8 1 . Floor, 1145 SFT

Earnest Money Deposit (EMD)|

1. Rs 3,00,000/- for Flat No. 1004, A-Block,28HK, 10th
Floor, 1145 SFT

The Earnest Money Deposit shall be deposited on or before 13.07.2022 at 5.00pm.

Details and full description of the property:

undivided share the land situated
on
One flat (as described in Schedule A) with proportionate
ARD No.41 (Gali Anjaneya Temple Ward) PID
at Ring Road, Hoskerahalli, Bangalore BBMP
1 Acre 02 Guntas or 48,738 SFT, converted to non-
No.41-207-75/2, Total measuring
sr (su) dated 19.09.2009 issued by the
agriculture residential purpose vide OM No.ALN(S)
bounded by:
special deputy commissioner, Bangalore and

North by: Sy No.75/1

South by: Road
East by: No.87
West by: Remaining Land of Sy No.75/2

ARM Branch- l, 2d Floor, Circle Office, Spencer Towers, No.86, M G Road, Bengaluru-560001.
numbers 080-25593070, 25310181
-

e-mail cb6298@canarabank.com
Telephone
ARA BAN
*Asset
Recovery
Management
Branch-1
 Canara Bank

Schedule A
1. Flat No. 1004, A-Block, 28HK, 10th Floor, 1145 SFT

For detailed terms and conditions of the sale, please refer to the link provided in
https://www.canarabank.com/english/announcements/sale-notice/karnataka/
the Secured Creditors' Website
provided on
i.e., www.canarabank.com. or may contact Chief Manager,
ARM Branch l Bangalore, Ph. No. 9483544116, 080-25593070, 25310181, during office hours on
any working day.

Place: Bangalore For CANARA BANK

Date: 24.06.2022 Koveen km
Authorised Officer, Canara Bank
stapa afdart / Authorised Officer
3T. T. M. TT
II/ ARM Branch II
86, T7. t E,
86, M. G.
ITTE 560 001
-

Road, BENGALURU 560 001

-

DETAILS
1. Name and Address of the Secured Creditor: Canara
2. Name and Address of the Bank, ARM Branch l, Bangalore-1.
Borrower(s)/ Guarantor(s)
M/s.Vasundhara Builders,

Managing Partners:
1. Sri Anil G Office cum Residence Address of 1& 2:
Manakame
No.286/A (New No.28)
9th Main, 7th Cross,
Partners:
2. Smt. Shubha Anil, Hanumanthanagar,
Bangalore-560019

ARM Branch-I1, 2d Floor, Circle Office, Spencer Towers, No.86, MG Road,

Telephone numbers 080-25593070, 25310181 e-mail Bengaluru-560001.
cbé6298@canarabank.com
 vori d Canara Bank

Name of Surety/Co-Obligants:

1. Sri AnilG Manakame,

2. Mrs Shubha Anil
Both residing at No.286/A (New o.28)
9th Main, 7th Cross, Hanumanthanagar
Bangalore-560019.

3. Mrs Roopa N Swamy,

Patel
Wlo Late AC Nanjundaswamy

4. Mr Shreyas N Patel,
Patel
S/o Late A C Nanjundaswamy

5. Mrs Spoorthi N Patel,

Patel
D/o Late AC Nanjundaswamy

No.3, 4, 5 are residing at:

No 120, Skanda, 20h Main Road,
Avalahally, Bangalore-560026

Four lakhs Forty

3. Total liabilities: Rs.20,94,46,499/-
(Rupees Twenty Crores Ninety
with future
Nine only) as on 31.05.2022, together
Six thousand Four hundred Ninety
interest, expenses and costs etc till realization.

:E auction
e d s
o

ar
4. (a) Mode of Auction

ne Services Ltd, No.218,

(b) provider: M/s.Canbank Computer
Details of Auction service
Malleswaram, Bangalore 560003. e- mail:
JP Royale, 13 floor, Sampige Road,
& Numbers: Mr.Pakhare DD/Mr.Ramesh T H
arges
Dle
st eauction@ccsl.co.in Contact Persons
9480691777 & 8553643144.

Authr Date & Time of Auction

:15.07.2022 11.30AMto 12.30 Noon
(c)
the

Place of Auction Bangalore

(d)
deposit will be as follows.
5. Reserve Price: The reserve price and the earnest money

ARM Branch- Il, 2nd Floor, Circle Office, Spencer Towers, No.86, M G Road, Bengaluru-560001.
25310181 e-mail cb6298@canarabank.com
Telephone numbers 080-25593070,
A BAN
Asset
00
Recvery
o Manag
ra

7-1
dora ds 2Canara Bank
Reserve price of property 1. Rs 30,00,000/- for Flat No. 1004, A-Block, 2BHK, 10
Floor, 1145 SFT

Earnest Money Deposit (EMD) 1. Rs 3,00,000/- for Flat No. 1004, A-Block,2BHK, 10
Floor, 1145 SFT

The Earnest Money Deposit shall be deposited on or before 13.07.2022 at 5.00pm.

6. Other terms and conditions

a) Auction/bidding shall be only through "Online Electronic Bidding' through the website
https://www.indianbankseauction.com. Bidders are advised to go through the website
for detailed terms before taking part in the e-auction sale proceedings.

b) The property can be inspected, with Prior Appointment with Authorised Officer.

c) The property will be sold for the price which is more than the Reserve Price and the
participating bidders may improve their offer further during auction proces.

d) EMD amount of 10% of the Reserve Price is to be deposited by way of DD favouring

Authorised officer, Canara Bank, ARM Branch l, Bangalore OR through online
(RTGS/NEFT/Fund Transfer) to credit the account number 209272434, Canara Bank, ARM
Branch 1, Bangalore RTGS/NEFT CODE CNRBOO06298 on or before 13.07.2022 -5.00p.m.

e) Intending bidders shall hold a valid digital signature certificate and e-mail address. For
details with regard to digital signature please contact the service provider M/s.Canbank
Computer Services Ltd, Bangalore e- mail: eauction@ccsl.co.in Contact Persons & Numbers
Mr. Pakhare DD/Mr.Ramesh T H - 9480691777 & 8553643144.

f) After payment of the EMD amount, the intending bidders should submit a copy of the
following documents/details on or before 13.07.2022 5.00 PM, to Canara Bank, ARM Branch
I Bangalore by hand or by email.
i) Demand Draft/Pay order towards EMD amount. If paid through RTGS/NEFT,
acknowledgement receipt thereof with UTR No.
bidder would
ii) Photocopies of PAN Card, ID Proof and Address proof. However, successful
have to produce these documents in original to the Bank at the time of making payment of
balance amount of 25% of bid amount.

ii) Bidders Name. Contact No. Address, E Mail ld.

ARM Branch- I1, 2nd Floor, Circle Office, Spencer Towers, No.86, MG Road, Bengaluru-560001.
cb6298@canarabank.com
Telephone numbers 080-25593070, 25310181 e-mail
*

BANK yo0 09
Recovery
Management
Branch

BENG2
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coEI Canara Bank

iv) Bidder's A/c details for online refund of EMD.

M/s.Canbank
g) The intending bidders should register their names at service provider
free of cost.
Computer Services Ltd, Bangalore and get their User ID and password
Prospective bidder may avail online training on E auction from the service provider
M/s.Canbank Computer Services Ltd, Bangalore e- mail: eauction@ccsl.co.in Contact
Persons& Numbers:- Mr.Pakhare DD/Mr.Ramesh TH -9480691777& 8553643144.

h) EMD deposited by the unsuccessful bidder shall be refunded to them. The EMD shall not
carry any interest.

i)Auction oucojmeice at Reserve Price, as mentioned above. Bidders shall improve their
offers in muttrpiesorR. 50,000/-The bidder who submits the highest bid (above the Reserve
price) on closure of 'Online' auction shall be declared as successful bidder. Sale shall be
confirmed in favour of the successful bidder, subject to confirmation of the same by the
secured creditoA rsANE FN
j) The successful bidder-shall deposit 25% of the sale price (inclusive of EMD already paid),
immediately on declaring him/her as the successful bidder and the balance within 15 days
from the date of confirmation of sale by the secured creditor. If the successful bidder fails to
pay the sale price, the deposit made by him shall be forfeited by the Authorised Officer
without any notice and property shall forthwith be put up for sale again.

k) For sale proceeds of Rs.50 (Rupees Fifty) lacs and above, the successful bidder will have to
deduct TDS at the applicable rate on the Sale proceeds and submit the original receipt of TDS
certificate to the Bank.

)All charges for conveyance, stamp duty/GST registration charges, tax arrears, fee etc., as
applicable shall be borne by the successful bidder only.

m) Authorised Officer reserves the right to postpone/cancel or vary the terms and conditions
of the e-auction without assigning any reason thereof.

n) In case there are bidders who do not have access to the internet but interested in
participating the e-auction, they can approach concerned Circle office or Canara Bank ARM
branch II who, as a facilitating centre, shall make necessary arrangements.

o) For further details contact Mr Ranjan Kumar, Chief Manager, Canara Bank , ARM
Branch-2- (9483544116-080-25593070, 25310181) e-mail id cb6298@canarabank.com
OR the service provider M/s.Canbank Computer Services Ltd, Bangalore e - mail:
eauction@ccsl.co.in Contact Persons & Numbers:- Mr. Pakhare DD/Mr.Ramesh TH-
9480691777&8553643144.

ARM Branch- Il, 2nd Floor, Circle Office, Spencer Towers, No.86, M G Road, Bengaluru-560001.
Telephone numbers 080-25593070, 25310181 e-mail- cb6298@canarabank.com
NARA

SASset
Recoven
Management
Branch-
BENGA
aborer da Canara Bank

SPECIAL INSTRUCTION / CAUTION

avoided by the bidders in their own interest. Neither
Bidding in the last minutes/seconds should be (Internet failure,
Canara Bank nor the Service Provider will be responsible for any lapses/failure
order to ward off such
of the bidder or vendor in such cases. In
Power failure, etc.) on the part
contingent situation, bidders are requested to make all the necessary arrangements/alternatives
such as back -up, power supply and whatever else required so that they are able to circumvent
such situation and are able to participate in the auction successfully.

Place: Bangalore For CANARABANK

Date: 24.06.2022 Authortsed Officer
Canara Bank
ep 3ToM Authorised Officer
3T. . M. T-II/ ARM Branch -II
86, H. . s , }TTT-560 001
BENGALURU 560 001
86, M. G. Road,

ARM Branch- I, 2nd Floor, Circle Office, Spencer Towers, No.86, MG Road, Bengaluru-560001.
Telephone numbers 080-25593070, 25310181 e-mail - cb6298@canarabank.com