STATE BANK OF INDIA

Asset Recovery Management Branch, Bengaluru

Authorised Officer’s Details: Address of the Branch: II Floor,
Name: Sri.Jagadeesh Chander A Block, BKG Complex,
e -mail Id: Mysore Bank Circle, Avenue Road
assetrecovery@sbi.co.in. Bengaluru-560009.
Mobile No: 8105926528 Contact CO: Smt.K.V.Gowramma
Land Line No. (Office): 080- Mob: 9902527246
25943765. Tel: 080-25943765
E-mail Id: assetrecovery@sbi.co.in

PUBLIC NOTICE FOR SALE OF IMMOVABLE PROPERTIES

(EXCLUDING MOVABLE ASSETS, IF ANY, LYING IN THE PREMISES)
MORTGAGED TO THE BANK UNDER THE SECURITISATION AND
RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF
SECURITY INTEREST ACT, 2002.

The undersigned, as Authorised Officer of State Bank of India, has taken

over possession of the following properties under section 13(4) of the
SARFAESI Act. Public at large are informed that e-auction (under
SARFAESI Act, 2002) of the mortgaged properties in the below mentioned
case for realisation of Bank’s dues will be held on “AS IS WHERE BASIS
IS” and “AS IS WHAT IS BASIS”:

Name & Address of the A.Loan Account No. CC 64137829390

Borrower 1. Sri. R. Narayana Swamy S/o Late Rangappa,
Proprietor: M/s. Ashoka Wines, Narasapura Village,
Kolar Taluk,Kolar District-563133.
Also At: No.1192, Shreyas Nilaya, P.C.Extension,
Kolar-563102.
B.Loan Account No.CC 64119885835
1. Sri. R. Narayana Swamy S/o Late Rangappa,
Proprietor: M/s. KadambaWines,No.1192, Shreyas
Nilaya, P.C.Extension, Kolar-563102.
C. Loan Account No. TL 64175724290,
CC 64129696324 & 64186727049
1. Sri. R. Narayana Swamy S/o Late Rangappa,
No.1192, Shreyas Nilaya, P.C.Extension,Kolar-
563102.

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Name & Address of the Smt. Annapurna w/o R. Narayana Swamy,
Guarantors/mortgagor No.11,Shreyas Nilaya, P.C.Extension,Kolar-563102,
for Loan Account CC 64137829390 of M/s Ashoka
Wines, Proprietor: Sri. R. Narayana Swamy S/o
Late Rangappa and for Loan account No. CC
64119885835 of M/s.Kadamba Wines, Proprietor:
Sri. R. Narayana Swamy S/o Late Rangappa.
Outstanding Dues for Rs.1,21,52,092/- (Rupees One Crore Twenty One
recovery of which Lakhs Fifty Two Thousand Ninety Two only) as on
properties are being 02.04.2018 + interest from 03.04.2018 + costs,
sold charges and incidental expenses.
Demand Notice Date 06.06.2017
Name of Title Deed Sri. R. Narayana Swamy S/o Late Rangappa & Smt.
Holders Annapurna w/o R. Narayana Swamy.

Description of the properties

Property.1
Tender No:-SBI/ARMB/KVG/01
All that piece and parcel of property being V P Khata No.353, situated at
Narasapura Village, Kolar Taluk, Kolar District, measuring East to West
12.192 Meters, and North to South 15.757 Meters (12.192 Mts x17.757
Mts) totally measuring 192.10 Square Meters with small Shed like
structure, standing in the name of Sri. R.Narayana Swamy s/o D.
Rangappa and bounded on East by: Own Property, West by Property of
Smt. Laksmidevamma, North by: Main Road and South by: Property of
Sri.Munikrishnappa and Sri.Puttappa.

Property.2
Tender No:-SBI/ARMB/KVG/02
All that piece and parcel of property being Old Khata No.962/1020,
Assessment No.1020, New Khata No.83, Assessment No.83, Ward No.18,
Katari Palya, Kolar Town, Kolar District, measuring East to West 33 Feet,
and North to South 45 Feet with built up area of 4110 Square Feet there
on consisisting of Ground+ Three Floors thereon , standing in the name of
Sri. R.Narayana Swamy s/o D. Rangappa and bounded on East by: Own
Property and Property of Shivananda, West by House of Amaranarayana,
North by: House of Amaranarayana and South by: Nagarasabha Road.

Property.3
Tender No:-SBI/ARMB/KVG/03
All that piece and parcel of property being Khata No.341, A R No.341,
New Khata No.83, Assessment No.83, Ward No.18, Katari Palya, Kolar
Town, Kolar District, measuring East to West 27 Feet, and North to South
20 Feet totaling 540 Square Feet , standing in the name of Smt.
Annapurna w/o Sri. R.Narayana Swamy and bounded on East by: Road,
West by Property of Sri. Muddaiah Setty, North by: Property of Sri.

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Muddaiah Setty and South by: Lane and then Property of Late Nagappa.

Date & Time of

e- Date: 29.05.2018
Auction A. For Property No.1
Time: 60 Minutes From 11:30 A.M to 12.30 P.M,
with unlimited extension of five minutes time.
B. A. For Property No.2
Time: 60 Minutes From 1.00 P.M to 2.00 P.M
with unlimited extension of five minutes time.
C. A. For Property No.3
Time: 60 Minutes From 2.30 P.M to 3.30 P.M
with unlimited extension of five minutes time.
Reserve Price A. For Property No.1 Rs.30.74 Lakhs.
below which the properties will not be sold.
B. For Property No.2 Rs.110.50 Lakhs.
below which the properties will not be sold.
C. For Property No.3 Rs.13.77 Lakhs.
below which the properties will not be sold.
Earnest Money Deposit 1. For Property No.1
(EMD) 10% of the Reserve Price i.e Rs.3,07,000/-
2. For Property No.2
10% of the Reserve Price i.e. 11,05,000/-
3. For Property No.3
10% of the Reserve Price i.e. Rs.1,38,000/-
EMD Remittance Deposit through EFT / NEFT / RTGS transfer
or by Demand Draft/ Bankers Cheque in favour of
SBI, ARMB Account” to the credit of A/c.
No.64024994011 with State Bank of India, Mysore
Bank Circle Branch, Bengaluru,
Branch Code: 40007 IFSC Code: BIN0040007
Bid Increment Amount For Property No.1. Rs. 31,000/-
For Property No.2. Rs.1,10,000/-
For Property No.3 Rs. 14,000/-

Inspection of 10/05/2018 11 AM to 3.00 PM

Properties Contact: Sri. Ravi Kumar
Sri Devi Resolutions Pvt Ltd,
Mob: 9448608845
Date and Time for On or before 25/05/2018 up to 5.00 p.m.
submission of bid With
EMD & KYC
Documents.
E-Auction of immovable properties (excluding movable assets if any, lying
in the premises) is being held on “AS IS WHERE IS” and “AS IS WHAT IS”
basis and the auction will be conducted “Online”. The auction will be
conducted through the Bank’s approved service provider, M/s e-
procurement technologies ltd at the web portal

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https//sbi.auctiontiger.net. E-Auction Tender Document containing online
e-auction Bid Application, Declaration, General Terms and Conditions of
online auction sale are available in web portal https//sbi.auctiontiger.net.
Interested bidders may contact Service Provider representative Mr.
Manohar.V.ContactNo.07353931866, E-mailID:karnataka@auctiontiger
.net and support@auctiontiger.net.

The Bank has taken Symbolic Possession of Property on 16.09.2017.

To the best of knowledge and information of the Authorised Officer there

is no encumbrance on the properties. However, the intending bidders
should make their own independent enquiries regarding the
encumbrances, titles of properties put on auction and claims/rights/dues
affecting the properties, prior to submitting their bid. The e-Auction
advertisement does not constitute and will not be deemed to constitute
any commitment or any representation

of the Bank. The properties are being sold with all the existing and future
encumbrances whether known or unknown to the Bank. The Authorised
Officer/ Secured Creditor shall not be responsible in any way for any third
party claims/rights/dues. No conditional bid will be accepted.

The sale shall be subject to Rules/Conditions prescribed under the

Securitisation and Reconstruction of Financial Assets and Enforcement of
Security Interest Act, 2002.

Other terms and conditions of the e-auction are published in the following
websites.
www.auctiontiger.net www.sbi.co.in and www.tenders.gov.in

Sd/-
Place: Bengaluru, Authorised Officer
Date : 17.04.2018 SBI, ARM BRANCH, Bengaluru

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