Sale Under Section 29d Of The People’s Bank Act No. 29 Of 1961 As Amended By The Act. No. 32 Of 1986.

PEOPLE'S BANK

Corporate Banking Division

AUCTION SALE OF A VALUABLE PROPERTY

  • Akmeemana, Galle
  • All that divided and defined Residential Condominium parcels described below depicted in Condominium Plan No.15320 dated 18.05.2018 made by S. Wickramasinghe, Licensed Surveyor, situated along the Akuressa Road, Galle within the Grama Niladhari Division of No. 113C Anangoda and Divisional Secretary’s Division of Akmeemana within the limits of the Akmeemana Pradeshiya Sabhawa in the four Gravets of Galle in the District of Galle, Southern Province.

Ref Parcel Number Assessment Number Tower Floor Floor Area (Square meters) Land Registry Registration
(Galle Land Registry)
1 A/NT/F2/P5 171/60 2/5 North Tower 2nd Floor 73 CON/J 01/13
2 A/NT/F2/P6 171/60 2/6 North Tower 2nd Floor 73 CON/J 01/15
3 A/NT/F2/P8 171/60 2/8 North Tower 2nd Floor 106.25 CON/J 01/19
4 A/NT/F2/P10 171/60 2/10 North Tower 2nd Floor 103.75 CON/J 01/23
5 A/NT/F3/P1 171/60 3/1 North Tower 3rd Floor 103.75 CON/J 01/25
6 A/NT/F3/P2 171/60 3/2 North Tower 3rd Floor 106.25 CON/J 01/27
7 A/NT/F3/P3 171/60 3/3 North Tower 3rd Floor 106.25 CON/J 01/29
8 A/NT/F3/P5 171/60 3/5 North Tower 3rd Floor 73 CON/J 01/33
9 A/NT/F3/P7 171/60 3/7 North Tower 3rd Floor 71.75 CON/J 01/37
10 A/NT/F3/P8 171/60 3/8 North Tower 3rd Floor 106.25 CON/J 01/39
11 A/NT/F3/P9 171/60 3/9 North Tower 3rd Floor 106.25 CON/J 01/41
12 A/NT/F4/P4 171/60 4/4 North Tower 4th Floor 72.25 CON/J 01/51
13 A/NT/F4/P10 171/60 4/10 North Tower 4th Floor 103.75 CON/J 01/63
14 A/NT/F5/P4 171/60 5/4 North Tower 5th Floor 72.25 CON/J 01/71
15 A/NT/F5/P5 171/60 5/5 North Tower 5th Floor 73 CON/J 01/73
16 A/NT/F5/P6 171/60 5/6 North Tower 5th Floor 73 CON/J 01/75
17 A/NT/F5/P7 171/60 5/7 North Tower 5th Floor 71.75 CON/J 01/77
18 A/NT/F6/P4 171/60 6/4 North Tower 6th Floor 72.25 CON/J 01/91
19 A/NT/F6/P5 171/60 6/5 North Tower 6th Floor 73 CON/J 01/93
20 A/NT/F6/P6 171/60 6/6 North Tower 6th Floor 73 CON/J 01/95
21 A/NT/F7/P5 171/60 7/6 North Tower 7th Floor 73 CON/J 01/113
22 A/NT/F8/P5 171/60 8/5 North Tower 8th Floor 73 CON/J 01/131
23 A/NT/F10/P4 171/60 10/4 North Tower 10th Floor 145.25 CON/J 02/33
24 A/NT/F11/P1 171/60 11/1 North Tower 11th Floor 103.75 CON/J 02/45
25 A/NT/F11/P5 171/60 11/5 North Tower 11th Floor 73 CON/J 02/53
26 A/NT/F12A/P8 171/60 14/8 North Tower 12A Floor 104 CON/J 02/107
27 A/NT/F12A/P7 171/60 14/7 North Tower 12A Floor 106.25 CON/J 02/103
28 A/NT/F14/P4 171/60 14/7 North Tower 14th Floor 105.5 CON/J 02/105
29 A/ST/F4/P4 171/50 4/4 South Tower 4th Floor 73 CON/J 03/23
30 A/ST/F5/P5 171/50 5/5 South Tower 4th Floor 73 CON/J 03/43
31 A/ST/F5/P10 171/50 5/10 South Tower 4th Floor 103.75 CON/J 03/53
32 A/ST/F12A/P2 171/50 14/2 South Tower 12A Floor 106.25 CON/J 04/63
33 A/ST/F14/P1 171/50 14/2 South Tower 14th Floor 105.5 CON/J 04/65
34 A/ST/F12A/P7 171/50 14/7 South Tower 12A Floor 106.25 CON/J 04/79
35 A/ST/F14/P4 171/50 14/7 South Tower 14th Floor 105.5 CON/J 04/81

Please refer the Government Gazette of 24th December 2020 and Daily News, Dinamina and Thinakaran of 25th December 2020 for the notice of resolution

Under the authority granted to us by People’s Bank we shall sell by public auction.

AUCTION SALE

On Wednesday 10th March 2021

Commencing at 11.00 a.m at the People’s Bank Regional Head Office, Galle

The auction will be conducted in accordance with the strict guidelines issued by the Ministry of Health, adhering to COVID 19 protocol

The Property Mortgaged to People’s Bank By:
Fairway Galle (Private) Limited


Mode of Payment

The successful purchaser will have to pay the following amounts in cash at the fall of the hammer.

  1. 10% (Ten Percent) of the Purchased Price.
  2. 1% (One Percent) of the Sales Taxes payable to the Local Authority.
  3. Auctioneer’s Commission of 2 ½ % (Two and a half percent only) on the purchased price.
  4. Clerk's & Crier's Fee of Rs. 1500/=
  5. Cost of sale and any other charges, if any.
  6. Stamp duty for the Certificate of Sale.

Balance 90% (Ninety percent) of the purchased Price will have to be paid within 30 days from the date of sale to the Chief Manager-Recoveries, People’s Bank, Head office, 10th Floor,No.75, Sir Chittampalam A. Gardiner Mw, Colombo 02.Tel: 011- 2481443,011-2481546.

If the said amount is not paid within 30 days as stipulated above, the Bank shall have the right to forfeit the ten percent (10%) of the purchase price already paid and resell the property.

The Title Deeds and any other reference may be obtained from the aforesaid address. If the said amount is not paid within 30 days as stipulated above, the Bank shall have the right to forfeit 10% of the purchase price already paid and resell the property.

**The bank has the right to stay / cancel the above auction sale without prior notice