Sale Under Section 29 D of People's Bank Act No. 29 of 1961 as Amended by Act No. 32 of 1986

PEOPLE'S BANK

Gampaha Branch

AUCTION SALE OF A VALUABLE PROPERTY

    All that divided and defined allotment of land marked Lot A depicted in Plan No. 1297 dated 22.12.2006 made by W. P. Sunil L. S. of the land called “Hirigalewatta Pahen Panguwe Negenahirin Bedawenkala Lots 1 - 8” and Lots 1-6 of Palatugahawatta and Attikkagahakoratuwa, Gajanayaka Watte Kebella and Attikkagahakoratuwa situated at Hathuwapiyadigama Village in Grama Niladhari Division No. 160, Piyadigama East in Divisional Secretariat Habaraduwa, within the Pradeshiya Sabha Limits of Habaraduwa in Thalpe Pattu in the District of Galle, Southern Province

Containing In Extent (A1 R1 P18.74)

Together with the soil, trees, plantations, buildings and everything else standing thereon and registered under S 99/130 at the Land Registry of Galle.

Right of way
Together with the right of way Lot 5 (road reservation - 4m wide) described in the said plan


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

AUCTION SALE

On Tuesday 09th March 2021

Commencing at 11.00 a.m at the People’s Bank Gampaha Branch

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

FOR NOTICE OF RESOLUTION


Please refer the Government Gazette of 06.12.2019 and the Notice of Sale published in the 'Daily News', 'Dinamina' and 'Thinakaran' of 06.12.2019.

ACCESS TO THE PROPERTY


From Galle town proceed along Matara road for about 19.5km until you reach Ahangama. Then turn left to Ranaviru K.H. Padmasiri Mawatha and travel 100 meters until you find the subject property.


Mode of Payment

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

  1. 10% 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 sale 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% of the purchased price will have to be paid within 30 days from the date of sale to the Manager, Gampaha Branch.

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.

Title deeds and any other reference may be obtained from the following address:

Regional Manager, People's Bank, Regional Head Office Gampaha, No. 131, Belummahara, Mudungoda.

Tel. Nos. 033-2222325, 033-2225008, 033 - 2231901
Fax No. 033-2226165, 033-2226741

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