E-AUCTION SALE NOTICE
Notice is hereby given to the public in general and in particular to the below Borrower/ Guarantors that
the below described immovable property mentioned in SCHEDULE-I inter alia secured to Auxilo
Finserve Pvt Limited ["AFPL"] (Secured Creditor), the Constructive/Symbolic Possession of which has
been taken by the Authorized Officer of AFPL on 16th September, 2025, will be sold by E-Auction on 10th
March 2026, "As is where is" & "As is what is" and "Whatever there is" basis towards recovery of total
sum of Rs.47,55,436/- (Rupees Fourty Seven Lakhs Fifty Five Thousand Four Hundred and Thirty Six only)
under the loan account no. 100319019127, is due and payable by you as on 16.06.2025 and the future
contractual interest thereon and other cost and charges till the date of realization from Borrower/CoApplicant as mentioned below:
| Name of the Borrower: |
Name of the Co-Applicant: |
|
Mr Prithivi Maniyam Chandrasekar
No 14, Bharathidasan 2nd Street,Govindsamy
Nagar,Korukkupet, Chennai, Washermanpetta,
Tamilnadu, India - 600021.
|
1). Ms Padmavathy
1/18,Main Road, Uthukottai
Taluk,Thimmaboopalapuram,Tiruvallur, Poondi
Tiruvallur,, Tamilnadu, India - 602023.
|
|
2). Mr Chandrasekar
1/18, Main Road,Uthukottai,Thimmaboopalapuram,
Tiruvallur,
Poondi Tiruvallur,, Tamilnadu, India – 602023.
|
|
3). Mrs Neelavathi
14, Bharathidasan Street,Govindsamy Nagar, Chennai,
Washermanpetta,, Tamilnadu, India - 600021
|
The under mentioned properties will be sold by "Online E-Auction through website
https://sarfaesi.auctiontiger.net on 10th March 2026 for/towards recovery of Loan A/c No. 100319019127
an amount of Rs. 47,55436/- (Rupees Fourty Seven Lakhs Fifty Five Thousand Four Hundred and Thirty
Six only), is due and payable by you as on 16.06,2025 and the future contractual interest thereon and other
cost and charges till the date of realization.
Schedule-I
(Details of the Property)
Property A
All the Piece and Parcel of Vacant Plot No. 39, admeasuring 1560 Sq. Ft. of land comprised in old survey
no. 340, New Survey 340/4, Patta No. 2707 as per Patta New Survey No. 340/5, situated at Sri
Magalakshmi Nagar, Layoyt Approval No. 49/2012) Thirupachur Village ,Tiruvallur, Tamilnadu, India,
631203.
BOUNDED BY:-
| North |
20 ft Tiruvallur Road
|
South |
Plot No.40
|
| East |
Polt No. 38
|
West |
Vacant Land
|
Measuring “ On the Northern side : 39 Ft, On the Southern side: 39 Ft, On the Eastern side: 40 Ft Onthe
Western side: 40 Ft, Admeasuring 1560 Sq.Ft of Vacant Plot
Property B
ll that Piece and Parcel of the Vacant Plot No.285 situated "Vasantham New Town", (Layout Approval
No.L.P./D.T.C.P.No.1199/89) Vedanginallur Village, Tiruvallur Tk, Tiruvallur Dt., admeasuring 1995
Sq.Ft ofland comprised in Old Survey No.120/1B, New Survey No.107/17, Patta No.905 as per Patta New
Survey No.107/17A situated within the Sub- Registration District of Tiruvallur Registration District of
Kanchipuram. within the boundaries hereunder
BOUNDED BY:-
| North |
30 Ft Road
|
South |
Plot No.278
|
| East |
Polt No. 286
|
West |
Plot No.284
|
Measuring" On the Northern side : 35 Ft On the Southern side : 35 Ft On the Eastern side : 57 Ft On the
Western side :57 Ft Admeasuring 1995 Sq.Ft of Vacant Plot.
Note: The intending bidder/purchaser may visit Auxilo Finserve Pvt Ltd website
https://www.auxilo.com/ for detail terms and conditions regarding auction proceedings.
This Publication is also 30 days’ notice stipulated under rule 8(6) & 9(1) or Security Interest (Enforcement) Rules, 2002 to the above Borrower/ Guarantors.
Place: Chennai,
Tamilnadu
Terms and Conditions of the E-auction are as under:
-
Auction/bidding shall only be through "online electronic mode” through the website of the Service
https://sarfaesi.auctiontiger.net M/se-Procurement Technologies Limited -Auction Tiger is the
Service Provider, which will arrange to provide the e-auction platform.
-
The bidders may participate in e-auction for bidding with respect to a single unit or multiple units
with respect to Schedule Property as they may so desire from their place of choice internet connectivity
shall have to be ensured by bidder himself with respect to each unit. AFPL /Service Provider shall not
be held responsible for the internet connectivity, network problems, system crash down, power failure
etc.
-
For details, help, procedure and online training on e-auction prospective bidders may contact
the Service Provider M/s e-Procurement Technologies Limited -Auction Tiger B-705, YVall Street
II, Opp. Orient Gub, Near Gujrat College, Ellis Bridge, Ahmedabad — 38a 006 Gujrat (India)
https://sarfaesi.auctiontiger.net,
Contact Person: Mr. Ram Sharma -8000023297, Support Help Desk 9265562818/9265562821/079-6813 6842/6869 ,
Support Mail id: raiTiprasad&auctiontiger.net, supportBauctiontiger.net.
-
Bidders are advised to go through the website www.auxilo.com for detailed terms and conditions of
auction sale & auction application form before submitting their Bids for taking part in the e-auction
sale proceedings.
-
For participating in e-auction sale the intending bidders should register their details with the Service
Provider M/s. e-Procurement Technologies Limited -Auction Tiger B-705, Wall Street II, Opp. Orient
Club, Near Gujrat College, Ellis Bridge, Ahmedabad - 380 006 Gujrat (India) well in advance and get
the User ID and password. The password may be changed only on receiving it and login. Bidders are
required to hold digital signature certificate for participating in the E-Auction at their own cost.
-
The immovable property "SHALL NOT" be sold below the reserve price and the same shall be sold
on an “As is where is", "As is what is" and "Whatever there is".
-
The successful bidder should deposit 25% of the bid amount (including EMD) on the next day of the
sale, being knocked down in his/her/it favor and balance 75% of bid amount within 15 days after the
sale date by RTGS/NEFT/Funds Transfer to the credit of A/C No. 196205001039 as mentioned above,
Auxilo Finserve Pvt Ltd, Mumbai through IFSC Code "ICIC0001962“ or by Demand Draft /Pay Order
in favor of Auxilo Finserve Pvt Ltd, payable at Mumbai.
-
In case of default in payment at any stage by the successful bidder/auction purchaser within the
stipulated time, the sale will be cancelled and the amount already paid will be forfeited and the
property will be again put to sale, without any reference or recourse to such a bidder.
-
The successful bidder shall bear the charges payable for conveyance, Registration fee, stamp duty
and property tax etc., as applicable under related laws.
-
Bids once made shall not be cancelled or withdrawn. All bids made from the user ID given to bidder
will be deemed to have been made by him/her/it only.
-
Prospective bidders are advised to peruse the copies of Title deeds with AFPL and verify the latest
Encumbrance Certificate and other Revenue/Municipal records to exercise due diligence and satisfy RVE PRIVAT themselves on the Title and Encumbrances,if any over the property.
-
All bidders shall be deemed to have read and understood the terms and conditions of sale and be bound by
them.
- The Authorized Officer may postpone/cancel the e- auction without assigning any reason therefor.
- In case the e-Auction scheduled is postponed to a date before 30 days from the scheduled date of sale,
it will be displayed on the website of the Service Provider.
Note: The intending bidders may contact Auxilo Finserve Pvt. Ltd for ascertaining the details of property and also for inspection of property on the date fixed by AFPL (Mr. Sandeep Vijay Upadhyay, Phone: 09773894792), Email ID: sandeep.upadhyay@auxilo.com
Place: : Chennai,
Tamil Nadu