Auc�on Sale No�ce for Sale of Immovable Assets under the Securi�sa�on and Reconstruc�on of Financial Assets and Enforcement of Security Interest Act, 2002 read

with proviso to Rule 8 (6) of the Security Interest (Enforcement) Rules, 2002.

No�ce is hereby given to the public in general and in par�cular to the Borrower(s)/Guarantor(s)/Legal Heir(s)/Legal Representa�ve(s)/Legal Assign(s) indicated in

Column (A) that the below described immovable property(�es) described in Column (C) mortgaged/charged to the Secured Creditor, the construc�ve / physical

possession of which has been taken as described in column (D) by the Authorised Officer of Housing Development Finance Corpora�on Limited (HDFC Ltd) Secured

Creditor, will be sold on “As is where is”, “As is what is”, and “Whatever there is” as per the details men�oned below :

No�ce is hereby given to Borrower(s) / Guarantor(s) / Legal Heir(s) / Legal Representa�ve(s) / Legal Assign(s) indicated in Column (A) under Rule 8(6) of the Security

Interest (Enforcement) Rules 2002.

For detailed terms and condi�ons of the sale, please refer to the link provided in Housing Development Finance Corpora�on Limited (HDFC Ltd) Secured Creditor’s

website i.e. www.HDFC.Com

*together with further interest @ 18% p.a. as applicable, incidental expenses, costs, charges etc. incurred up to the date of payment and / or realisa�on thereof.

To the best of knowledge and informa�on of the Authorized Officer of HDFC, there are no other encumbrances in respect of the above immovable proper�es / Secured

Assets

Prospec�ve Purchasers may kindly note:

•Proper�es are available for inspec�on from 06-JUL-2020 onwards. To schedule inspec�on of property or for any assistance related to obtaining bid document and for

any other queries, kindly contact Amit Karandikar, mobile no. 9822203320.

•The internal civil work in the property like �les fi�ng, pain�ng, electrifica�on etc is pending. It will be the responsibility of the prospec�ve purchaser to complete the

internal civil work of the flat and cost will be borne by the respec�ve prospec�ve purchaser only. HDFC Ltd will not be liable for comple�ng the internal civil work.

•The Bid Document can be collected / obtained from HDFC Ltd, Pitru Chhaya, Plot no. 11/1, 12/2B, 12/2C, Civil Lines, Near Siddharth Hotel, Chandrapur – 442401.

The Auc�on Sale for the immovable Proper�es will be conducted at the above men�oned HDFC Ltd office on the date and �me men�oned in column (G). Earnest Money

Deposit (EMD) amount as men�oned above shall be deposited by the bidders through Demand Dra� / Pay Order in Favour of “HDFC Limited” payable at par in sealed

envelope on or before 04-AUG-2020 and shall be submi�ed at HDFC Ltd-Chandrapur Office.

Branch : HDFC Ltd, HDFC House, Ravishankar Shukla Marg, VIP Road, Civil Lines, Nagpur -440001Tel : 0712-6620500,0712-2566000 CIN L70100MH1977PLC019916 Website: www.hdfc.com

Name of the Borrower(s)/

Guarantors/Legal Heir(s)/Legal

Representa�ve(s)/Legal Assign(s)

Outstanding Dues to be recovered

(Secured debt) (Rs.)*

Descrip�on of Immovable Property/ Secured Asset

(1 sq.mtr. is equivalent to 10.76 sq.�)

Date: 04-July-2020.Place: NAGPUR

For Housing Development Finance Corporation Ltd

Authorised OfficerRegd. Office: Ramon House, H.T. Parekh Marg, 169, Backbay Reclamation, Mumbai – 400020.

(A) (B) (C)

Type ofPossession

Reserve Price (Rs.)

Physical possession

EarnestMoney Deposit

(Rs.)

Rs.1,67,500/-

(D) (E) (F)

Date of Auc�on

and �me

06-Aug-2020 From 11 AM To

1 PM

(G)

AUCTION SALE NOTICE

Mr Korekar Piyush Raju and Mrs Korekar Rekha RajuBuilders - M/s Dream Developers & D.N.R. Infrastructure

Sr.No.

1. Rs. 16,75,000/-

Rs. 12,80,507/-

as of 31-Aug-2019*

Residen�al Flat No. TF-01 on the third floor in the building known as Bhavana Heights, admeasuring built up area of 61.010 square meters (Carpet area 41.65 square meters) alongwith electric fi�ngs and rights to common areas and facili�es with 5.10% undivided share in land admeasuring 31.54 sq meters from layout Plot # 30 admeasuring 152 square meters, Plot # 31 admeasuring 152 square meters, Plot No. #32 admeasuring 152 square meters and Plot #33 admeasuring 162.50 square meters totally admeasuring 618.50 square meters, (6656.89 Square feet) situated at Mouza Wadgaon, City Survey No. 12/1, Nagar Parishad Wadgaon Ward,Dist Chandrapur.

Housing Development Finance Corpora�on Ltd.

Note: The sale no�ce is published on 04-JUL-2020 IN “INDIAN EXPRESS” and “LOKSATTA” newspapers.

TERMS & CONDITIONS OF SALE:

1.The par�culars in respect of the Immovable Property / Secured Asset specified hereinabove have been stated to the best of the informa�on and knowledge of the

Authorized Officer / HDFC Ltd.

2.However, the Authorized Officer / HDFC Ltd shall not be responsible for any error, misstatement or omission in the said par�culars. The Bidders are therefore

requested in their own interest, to sa�sfy themselves with regard to the above and all other relevant details / material informa�on pertaining to the above-men�oned

Immovable Property / Secured Asset, before submi�ng the bids.

3.Statutory dues like property taxes / cess and transfer charges, arrears of electricity dues, arrears of water charges and other charges known and unknown in respect

to the secured assets being sold, shall be ascertained by the Bidder beforehand and the payment of the same shall be the responsibility of the buyer of Secured Assets.

4.Wherever applicable, it is the responsibility of buyer of Secured Assets to deduct tax at source (TDS) @ of 1% of the total sell considera�on on behalf of the resident

owner (seller) on the transfer of immovable property having considera�on equal to Rs.50 Lakh and above and deposit the same with appropriate authority u/s 194

I/A of Income Tax Act.

5.Sale is strictly subject to the Terms, Condi�ons and Disclaimers s�pulated in the prescribed Auc�on Bid Document, Offer Acceptance Le�er, Public No�ce, terms and

condi�ons men�oned herein below and any other related documents.

6.The Bid Document can be collected / obtained from the Authorized Officer of Housing Development Finance Corpora�on Limited (HDFC) having his office at HDFC Ltd,

HDFC HOUSE, PANDIT RAVISHANKAR SHUKLA MARG, VIP ROAD, CIVIL LINES, NAGPUR-440001 OR FROM HDFC LTD, “PITRU CHAYYA”, PLOT NO 11/1, 12/2B, 12/2C,

CIVIL LINES, NEAR SIDDHARTH HOTEL, CHANDRAPUR-442401.

7.Proper�es / Secured Assets are available for inspec�on from 06-JUL-2020 onwards. To schedule inspec�on of property or for any assistance related to obtaining bid

document and for any other queries, kindly contact Mr. Amit Karandikar, mobile no. 9822203320.

8.Earnest Money Deposit (EMD) amount as men�oned above shall be deposited by the bidders through Demand Dra� / Pay Order in Favour of “HDFC Limited” payable

at par in sealed envelope and shall be submi�ed at HDFC LTD, “PITRU CHAYYA”, PLOT NO 11/1, 12/2B, 12/2C, CIVIL LINES, NEAR SIDDHARTH HOTEL, CHANDRAPUR-

442401.

9.The offer amount (to be men�oned in Bid document) shall be above Reserve Price and bidders shall improve their offers in mul�ples of Bid incremental amount

which will be decided and disclosed by the Authorized officer at the �me of auc�on.

10.The last date of submission of bids in prescribed Bid Documents with all necessary documents and EMD in s�pulated manner is 04-AUG-2020.

11.Incomplete Bid Documents or bids with inadequate EMD amount or bids received a�er the date indicated at Sr. No 10 hereinabove shall be treated as invalid.

12.Condi�onal offers shall also be treated as invalid.

13.The auc�on will be conducted on the date and �me indicated in Column (G). Bids will be opened on the date and �me indicated in Column (G) in the presence of the

Authorised Officer.

14.The bidders or their duly authorized representa�ves may choose to remain present on the day and �me fixed for opening the bids, inter alia, for nego�a�ons / raising

/ revising / improving their respec�ve bids /offers.

15.The Immovable Property / Secured Asset shall not be sold below the Reserve Price.

16.On sale of the property the purchaser shall not have any claim of whatsoever nature against HDFC Ltd or its Authorised Officer.

17.It shall be at the discre�on of the Authorised officer to cancel the auc�on proceeding for any reason and return the EMD submi�ed and HDFC Ltd will not entertain

any claim or representa�on in that regard from the bidders.

18.The Authorized officer has the absolute right to accept or reject the highest and / or all Bid(s) or postpone or cancel the sale, as the case may be without assigning any

reasons thereof and also to modify any of the terms and condi�on of this sale without prior no�ce.

19.The sale shall be conferred on the highest bidder subject to confirma�on by Secured Creditor i.e. HDFC Ltd.

20.EMD of successful bidder shall be adjusted and for all other unsuccessful bidders, the same shall be refunded within 10 days from the date of Auc�on. The Earnest

money deposit will not carry any interest.

21.Along with Bid Documents the Bidder(s) should also a�ach his/her photo iden�ty proof such as copy of the passport, elec�on commission card, ra�on card, driving

license, copy of the PAN card issued by the Income Tax department etc. and the proof of residence countersigned by the bidder herself/himself.

22.The successful bidder shall be required to pay 25% of the offer amount (including the amount of EMD) immediately i.e. on the same day or not later than next

working day, as the case may be(as per the amended provisions of Rule 9(3) of the Security Interest (Enforcement) Rules, 2002) on confirma�on of offer acceptance

by HDFC, failing which the EMD amount remi�ed will stand forfeited. The balance 75% of offer amount shall be paid within 15 days of confirma�on of sale by the

Authorised officer. If the balance amount is not remi�ed within s�pulated �me the amount of 25% will stand forfeited as per the amended provisions of Rule 9(4) of the

Security Interest (Enforcement) Rules, 2002.

CAUTION NOTE:

Prospec�ve purchaser at large are hereby informed that HDFC Ltd and its Authorized Officer does not deal in cash transac�on with respect to Immovable Property

men�oned in the Auc�on sale no�ce.

The name and contact details of the agency / broker, if any, authorized by HDFC Limited to deal with sale of Immovable property can be obtained only from the office

of HDFC Ltd at the address men�oned above.