SALE UNDER CLAUSE 4 OF THE RECOVERY OF LOANS (SPECIAL PROVISIONS) ACT NO. 04 OF 1990 BYTHE BANK AND AS AMENDED BY CLAUSE NO 40 OF REGIONAL DEVELOPMENT BANK ACT NO.41 OF 2008

PRADESHIYA SANWARDANA BANK

AUCTION SALE

OF

A VALUABLE PROPERTY

    All that allotment of land marked No. 424 depicted in the Plan No. P 17/34, 35,42,43,50,58 in the Field Sheet No. A.J.P. Po 71 prepared by the Surveyor General and kept under his custody of the land called Jayanthiwatta situated in the Village of Jayanthi Colony in No.70 Girithale Grama Niladari Division, within the Hingurakgoda Pradeshiya Sabha Limits in Sinhala Pattu in the Divisional Secretary’s Division of Hingurakgoda in Polonnaruwa District of North Central Province.

Containing in Extent: A 02 : R 03 : P 28

Registered under 02/779 at the Polonnaruwa District Land Registry

According to a resurvey done on a letter dated 18.09.2013 and No. NCP/HG/L04/9/1647 by the Hingurakgoda Divisional Secretary the above land is described as follows:
All that allotment of land marked in Surveyor General’s Field Sheet No. A J P Po71 Block No.424 of the land called Jayanthiwatta, re-survey of Licensed Surveyor Mrs. Renuka Ayonei Plan No. 2013/HG/10 dated 21.04.2013 of the land called Jayanthiwatta situated in the Village of Jayanthi Colony in No.70 Girithale Grama Niladari Division, within the Hingurakgoda Pradeshiya Sabha Limits in Sinhala Pattu in the Divisional Secretary’s Division of Hingurakgoda in Polonnaruwa District of North Central Province.


Containing in Extent: A 02 : R 03 : P 28 or 1.1837 Hectares


Under The Authority Granted To Us By Pradeshiya Sanwardana Bank

We Shall Sell By

PUBLIC AUCTION

On Thursday 31st January 2019

Commencing at 2.00 p.m. at the spot

FOR NOTICE OF RESOLUTION

Please refer the Government Gazette of 20.07.2018 and Dinamina, Daily News & Thinakaran Newspaper of 05.09.2018.

ACCESS TO THE PROPERTY

From Polonnaruwa proceed up to Jayanthipura Four-way Junction and from there proceed about 200 meters towards Giritale up the Filling Station located on the left side of the main road. There is a Rice Mill in-front of the Filling Station and the subject property can be reached just after passing the Rice Mill.


Mode of Payment

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

  1. 25% of the purchase price
  2. 1% Local Authority tax payable to the local authority
  3. Auctioneer's Commission of 2 ½ % (Two and a half percent only) on the purchased price plus applicable taxes.
  4. Clerk's & Crier's Fee of Rs. 1,500/=
  5. Cost of sale and any other charges if any.
  6. Stamp duty for the Certificate of Sale.

The balance 75% of the purchased price will have to be paid within 30 days from the date of sale to the Regional General Manager, Pradeshiya Sanwardana Bank, North Western Province Office, No.65/D, 04th Lane, Abhayapura Place, Anuradhapura. Telephone; 025 222 3080, 025 222 5214
If the balance amount of the purchased price is not paid within 30 days as stipulated above, the Bank shall have the right to forfeit (25%) of the purchased price already paid and resell the property.
The title deeds and any other reference may be obtained from the aforesaid address.


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

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