On Thursday, 11th March 2010 at 2.00 pm at the spot.
All that divided and defined allotment of land marked Lot 1, 2 & 17A depicted in Plan No.2777A dated 04 and 27 August 2006 made by P. D. N. Peiris Licensed Surveyor of the land called "Kimbulapitiya Estate" situated at Kadirana North within the Pradeshiya Sabha Limits of Katana in Dunagaha Pattu of Aluthkuru Korale in the District of Gampaha Western Province.
The Property Mortgaged To Sampath Bank By: H. A. D. R. Jayakody

Land in Extent:
Lot 1 - A0: R0: P18.75
Lot 2 - A0: R0: P18.75
Lot 17A - A0: R1: P17.85

Together with the trees, plantations, buildings and everything else standing thereon and together with all rights, ways, privileges, easements, servitudes and appurtenances thereto


From Rukattana junction (on Negombo - Kimbulapitiya road) proceeds about 400 meters on Kimbulapitiya road & reach the land which is on the right side. There is a motorable access up to the land.


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

1. 25% (Ten Percent) of the Purchased Price.
2. 1% Local Authority Tax payable to the Local Authority.
3. Auctioneer's Commission of 2 1/2 % (Two and a half percent only)
4. Total cost of advertising Rs. 100,000.00
5. Clerk's & Crier's Fee of Rs. 500.00
6. 6. Notary's fee for condition of sale Rs. 2,000.00
7. Balance 75% of the Purchased Price will have to be paid within 30 days from the date of sale.


For Notice of Resolution please refer the Government Gazette dated 16/10/2009 and in Daily News Papers namely The Island, Divaina and Thinakkural dated 30/09/2009
For further details and conditions of sale please contact The Manager, Recoveries, Sampath Bank Ltd, 110, Sir James Peiris Mawatha, Colombo 2. Tel: 0114 730227 / 0114 730235.