|
Owner Information |
Owner Of the
Asset |
: |
M/s. Pearl Hill Builders and Developes Pvt. Ltd |
Address1 |
: |
Opp.New Bus Stand (Moffusil Bus Stand) |
Address2 |
: |
Kozhikode |
City |
: |
Kozhikode |
Taluk |
: |
Kozhikode |
District |
: |
Kozhikode |
State |
: |
Kerala
|
Country |
: |
India |
Pincode |
: |
673004 |
Type of facility Sanctioned |
: |
Term Loan |
Total Liability |
: |
Rs. 9,56,51,212.00 (Inwords: Nine Crores Fifty Six Lakhs Fifty One Thousand Two Hundred and Twelve) |
Total Liability is as on |
: |
23-Feb-2021 |
|
Asset Information |
Asset Address1 |
: |
M/s. Pearl Hill Builders & Developers Private Limited |
Asset Address2 |
: |
Opp. New Bus Stand, Near EMS Stadium, Kozhikode |
Asset Taluk |
: |
Kozhikode |
Asset City |
: |
Kozhikode |
Asset District |
: |
Kozhikode |
Asset State |
: |
Kerala
|
Asset Country |
: |
India |
Asset Pincode |
: |
673004 |
Description of the Property |
: |
All that part and parcel of land ad measuring 16.21 Ares (40.06 cents), together with building comprising of Basement plus five floors and Terrace Floor with a total plinth area of 48197.32 Sq. ft. and all other things attached thereto, comprised in R.S.No17-12-411/1, 413,415/1 & 416/1 of Kasaba village…Kozhikode Taluk and District situated in Karakkunnu Desom of Kozhikode Muncipal Corporation with following boundaries:- East Drainage North -Drainage South -Drainage and Indoor Stadium Road West -Drainage and Anya Kaivasam |
Terms & Conditions |
: |
I. GENERAL CONDITIONS 1. The e-sale/auction shall be registered online only. 2. The e- sale/auction could be made for the purchase of the whole unit/industrial concern or for the movable/ immovable assets like Land & Building and machinery or Vehicles etc. separately. If bids are submitted for Machinery alone the same shall be considered subject to the possibility of the Machinery being dismantled and removed without affecting its condition, and it shall be at the risk of the bidder. 3. Inspection of the Properties ie, the Industrial concern notified for e-sale or part thereof shall be allowed at specified time by the authorised officer of the Corporation and the interested parties are free to have the inspection before submitting e-bids. 4. The bids shall be received only till the time specified in the notification/advertisement mentioned and shall be submitted with Bid key provided against the asset ID specified. The bid is opened automatically for e- sale/auction on the bid opening date and time. 5. The Corporation is free to accept or reject any bids without assigning reasons. The Corporation also reserves the right to postpone or cancel the e- sale/auction or bid and to re-tender or re-auction or to negotiate with the tenderors or with anybody interested to purchase the unit or properties involved who offers better terms. 6. Once an e-sale/e-auction is confirmed the tenderer or the party in whose favour the sale is decided shall remit a minimum of 25% (Twenty five percent) of the e-sale value or amount so specified/agreed, upon with the Corporation, within 7 (seven) days of the confirmation or on the date so specified in the auto mail/SMS of confirmation. E M D will be adjusted against this amount. If the successful e-tenderor/e-bidder fails to make the payment as aforesaid and take delivery of the properties involved, the auto mail/SMS of confirmation shall stand revoked automatically and the E M D shall stand forfeited. Similarly if after making the advance as prescribed, the bidder fails to make further payment and get the deal settled, the advance so paid shall stand forfeited. The Corporation will then be free to retender and/or re-auction the industrial concern or part thereof or carry on negotiation at the risk of the e-tenderor and for any loss or damages caused in this account shall be recoverable from the e-tenderor/e-bidder/parties. 7. The balance 75% (Seventy five percent) of the bid amount will be deposited by the party within 30 (thirty) days of the confirmation. The unit/property/ machinery/Vehicle will be handed over only after the execution of the sale deed/sale note in favour of the bidder/e-tenderor or his nominee. In the case of deferred payment with approval of the Corporation in deserving cases the unit will be handed over only on sufficient collateral security and on the security of the industrial site sold. 8. Any outstanding dues on account of Electricity and water supply or other statutory dues, if any, shall be borne by the bidder and the Corporation shall not be responsible for the same. 9. The industrial concern/other assets (movable/immovable) or part thereof e-auctioned/sold by the Corporation will be in "as is where is condition" and the Corporation will not be responsible for any defect or damage caused or bad performance of any or whole of the property/assets/movable/immovable so sold. 10. It shall be the responsibility of the bidder to get the industrial land or building or both re-allotted to the purchaser by the appropriate authority in case of industrial Concern situated in any Industrial Estate, Mini Industrial Estate, Development Area, or Development Plot etc by payment of separate fees/value/usage charge/outright purchase money/lease rent etc as may be fixed by the concerned authority. 11. The sale deed/ sale note as the case may be shall be executed and registered by the Corporation at the expense of the bidder or purchaser. 12. The successful bidder shall have to deduct TDS applicable on the sale value or amount and submit a copy of the original receipt of TDS certificate of Corporation. 13. In the case of vehicles sold, the Corporation has no responsibility in the matter of permit, licence of any penalty imposed under law. The Corporation shall not be responsible for tax arrears if any due on the vehicle and it shall be the responsibility of the bidder to get the vehicle transferred in his name at his expense for which all necessary applications and forms will be signed and given to the purchaser by the Corporation. 14. The Corporation reserves the right to accept or reject the e-bids without assigning any reason whatsoever.
II. SPECIAL CONDITIONS SETFORTH BY THE ADMIN/AUTHORISED OFFICER.
Well Builted Commercial Building, Near EM stadium, Kozhikode |
Payment in favour of |
: |
Kerala Financial Corporation |
DD payable at (or) through RTGS/NEFT/IMPS to the Credit Account to(A/c No: & IFSC Code) |
: |
Kerala Financial Corporation.
RTGS Details:- Federal Bank, SM Street, Kozhikode A/c
No.13890200007309 IFSC - FDRL0001389 |
If DD, it should be sent to (or) email fund transfer details to |
: |
Chief Manager, Kerala Financial Corporation, Branch Office,
Kozhikode -673001 or email:kkd@kfc.org |
Last Date and Time to submit the EMD DD |
: |
12-Mar-2021 17:00:00 |
|
Auctioner Information |
Name of the Auctioner |
: |
Kerala Financial Corporation |
Name of the BO/ZO/Dept |
: |
Kozhikode |
Name/Designation of the Contact Person |
: |
Abdul Manaf C |
Contact Numbers |
: |
9446002780 |
Email Id |
: |
kkd@kfc.org |
Address |
: |
Chief Manager, Kerala Financial Corporation, Branch Office,
Kozhikode -673001 or email:kkd@kfc.org |
City |
: |
Kozhikode |
District |
: |
Kozhikode |
Pincode |
: |
673001 |
|
Statutory Information |
Auction Title |
: |
Sec. 29 of SFC Act 1956 |
Demand Notice Date |
: |
18-Jun-2018 |
Possession Notice Date |
: |
15-Jan-2019 |
Auction Publication Date |
: |
24-Feb-2021 |
Auction Published Newspapers Name & Edition |
: |
|
|
Auction & Bid Information |
Inspection Date |
: |
01-Feb-2021 |
e-Sale Opened Date & Time |
: |
24-Feb-2021 12:00:00 |
e-Tender Opening Date & Time |
: |
24-Feb-2021 12:00 |
e-Tender Closing Date & Time |
: |
10-Mar-2021 12:00:00 |
e-Bid Opening Date & Time |
: |
10-Mar-2021 12:00:00 |
e-Bid Closing Date & Time |
: |
12-Mar-2021 17:00:00 |
e-Sale Closing Date & Time |
: |
12-Mar-2021 17:00:00 |
EMD Amount (The EMD shall be deposited either by way of DD in favour of KFC or through RTGS/NEFT/IMPS to the credit of A/C No & IFSC specified above on or before the said date) |
: |
Rs. 46,00,000.00 (Inwords : Fourty Six Lakhs) |
Reserve Price |
: |
Rs. 9,15,42,000.00 (Inwords : Nine Crores Fifteen Lakhs Fourty Two Thousand) |
Minimum Incremental Bid Amount ( MIBA) |
: |
Rs. 2,00,000.00 (Inwords : Two Lakhs) |