Penjarla - Tender Document September 2024 - 24092024 - Final

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Website: www.ifciltd.

com

TENDER DOCUMENT

FOR SALE OF ASSETS MORTGAGED WITH IFCI


LIMITED, FOR THE FINANCIAL FACILITIES
AVAILED BY VNR INFRASTRUCTURES LIMITED

LOCATED AT:

Penjerla Village, Kothur Mandal, Mahbubnagar District,


Telangana;

THROUGH E-AUCTION

(In terms of Securitization and Reconstruction of Financial


Assets and Enforcement of Security Interest Act, 2002
(SARFAESI Act, 2002), read with Security Interest
(Enforcement) Rules, 2002)

September 26, 2024 Issued by


The Authorized Officer

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TENDER DOCUMENT FOR SALE OF ASSETS MORTGAGED WITH IFCI LIMITED
FOR THE FINANCIAL FACILITY AVAILED BY M/S. VNR INFRASTRUCTURE
LIMITED LOCATED AT Penjarla Village, Kothur Mandal, Mahbubnagar District,
Telangana IN TERMS OF SECURITIZATION AND RECONSTRUCTION OF
FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002
(SRFA &ESI ACT, 2002) READ WITH SECURITY INTEREST (ENFORECEMNT)
RULES, 2002).

Ref. No. _________________ Date: ____________

M/s.__________________________
______________________________
______________________________

1. INTRODUCTION
Pursuant to possession taken by the Authorized Officer under SARFA &ESI Act, 2002 for
recovery of secured debts of IFCI being Rs.1074,31,63,370.99 (Rupees One Thousand
Seventy Four crore Thirty One Lakh Sixty Three Thousand Three Hundred Seventy and
Ninety Nine Paise Only), calculated upto 31/08/2024 together with further interest
thereon with effect from 01.09.2024 on contractual rates and other debits payable by
the Borrower M/S. VNR INFRASTRUCTURE LIMITED to IFCI, offers are invited by the
undersigned on “AS IS WHERE IS AND WHATEVER THERE IS BASIS” for purchase of the
property mortgaged to IFCI by M/s Indu Shree Housing Pvt. Ltd, (Mortgagor) through E-
Auction, details of which are furnished below. The Original Title Deeds of Mortgaged
Properties are with CBI, BS&FC, Bangalore (Presently copy of sale deeds may be seen with
the Authorized Officer at Hyderabad) of the Properties situated at:

Penjerla Village, Kothur Mandal, Mahbubnagar District, Telangana;

The outstanding dues of Rs.1074,31,63,370.99 (Rupees One Thousand Seventy Four


crore Thirty One Lakh Sixty Three Thousand Three Hundred Seventy and Ninety Nine Paise
Only), payable together with further interest and other debits with effect from 01/09/2024,
till the date of realization. The details of the assets for sale and Reserve Price thereof, are
mentioned below:

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DESCRIPTION OF PROPERTIES:

(Rs. Crore)

Description of Property Reserve Earnest Date and Date and


Price Money Time of Time of
Deposit Inspection E-
Auction
Non-agricultural land admeasuring Acres 29- 43.18 4.318 15/10/2024 22/10/2024
23 Guntas, comprised in the following survey 11:00 AM to 11:30 AM to
numbers: 4:00 PM 1:00 PM
(i) Sy. No. 346 adm. Ac. 15-01 Gts.;
(ii) Sy. No. 343 adm. Ac. 4-20 Gts.;
(iii) Sy. No. 343/AA adm. Ac. 10-02 Gts.

situated at Penjerla Village, Kothur Mandal,


Mahbubnagar District, Telangana (description
of asset given in Annexure-I), owned by M/s
Indu Shree Housing Pvt. Ltd.

2. TERMS AND CONDITIONS OF THE SALE

2.1 The E-Auction will be conducted online through https://ifciltd.auctiontiger.net and the
E-Auction will be conducted with the help of service provider viz. M/s e-
Procurement Technologies Limited (Auction Tiger) on the date and time as
mentioned above with extension of 5 minutes each for bid increment and the
minimum bid increment amount of Rs.5,00,000/-. Property shall not be sold below
the reserve price. IFCI / Authorized Officer invites bids from eligible parties (- for
purchase of the Mortgaged Property under the SARFAESI Act, 2002 on “As is Where
is, As is What is and Whatever there is basis” subject to applicable laws and
regulations. The process through which Applicants participate for purchase of the
Mortgaged Property shall hereinafter be referred to as the “SARFAESI Process".

2.2 Extension of date for submission of EMD Documents and E-Auction, if any, will be
informed to public on IFCI’s website www.ifciltd.com.

2.3 Persons wishing to participate are required to deposit (a) Earnest Money Deposit, (b)
their Passport size photograph, (c) self attested copy of any valid KYC document and
(d) complete Contact Details along with Contact/Mobile Number.

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2.4 The Tender Document comprising the detailed Terms & Conditions of the sale can be
obtained from the office of IFCI Limited, Hyderabad on payment of Rs.1,000/- or can
be downloaded from IFCI’s website (www.ifciltd.com) from 26/09/2024 onwards.
However, in case the Tender Document is downloaded from IFCI’s website, the bidder
shall deposit an amount of Rs.1,000/- towards cost of Tender Document in addition
to the EMD.

2.5 The interested bidders shall deposit the EMD, being 10% of the Reserve Price as
mentioned above, by way of Demand Draft drawn on any Nationalised / Scheduled
Bank in favour of “IFCI Limited” payable at Hyderabad and addressed to “The
Authorized Officer, IFCI Limited, 8th Floor, Taramandal Complex, 5-9-13, Saifabad,
Hyderabad - 500 004”. The last date and time for deposit of the EMD along
with the Tender addressed to “The Authorized Officer, IFCI Limited, 8th
Floor, Taramandal Complex, 5-9-13, Saifabad, Hyderabad - 500 004”, is
18/10/2024 up to 3.30 PM.

2.6 Tenders accompanied by short EMD or without EMD and/ or conditional tender , are
liable to be rejected/ ignored summarily.

2.7 Tender not accompanied by Demand Draft of Rs.1,000/-, in case the Tender
Document is downloaded from IFCI’s website, are also liable to be rejected/ ignored
summarily.

2.8 On receipt of EMD, the prospective bidders shall receive user-id/ password on their
valid email-id (mandatory for E-Auction) from M/s e-Procurement Technologies
Limited (Auction Tiger). The prospective bidders may avail online training on E-
Auction from M/s e-Procurement Technologies Limited (Auction Tiger). The
helpdesk number of the service provider is 9265562818/9265562821 D :079-
68136842/6837/6875, 9722778828, D:079-68136891 and E-mail
[email protected] / OR [email protected]

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2.9 The EMD of the successful bidder shall be retained towards part sale consideration
and the EMD of unsuccessful bidder(s) shall be refunded. The EMD shall bear no
interest. The successful bidder shall have to deposit 25% of the sale/auction proceeds
(including EMD) by way of Demand Draft drawn on any Nationalised / Scheduled
Bank in favour of ‘’IFCI Limited’’ payable at Hyderabad or through RTGS by 1700 Hrs,
on the same day or not later than next working day to the Authorized Officer, Shri
P Sivakumar, AGM, IFCI Limited, Hyderabad (available at Mobile No. +91
9951611815 and also at [email protected]). The details of bank account
for remittances through RTGS is provided as below:
Account Name: IFCI Limited
Bank Name: HDFC Bank Ltd.
Branch Address: Surya Kiran Building, K.G.Marg, New Delhi – 110001
Account Number: 00030350002631
IFS Code: HDFC0000003

2.10 The successful bidder shall deposit the balance 75% of the sale/auction proceeds on
or before the 15th day of the from the confirmation of Sale or within such extended
period as agreed upon in writing between purchaser and the secured creditor, any
case not exceeding three months . In case of default by the successful bidder, the
amount already deposited will be forfeited and the property will be put to re-auction
and such bidder shall have no claim/ right in respect of property/ amount.

2.11 The intending bidders should make their own independent inquiries and satisfy
themselves w.r.t encumbrances, location, title of the property put on auction and
claims/ rights dues etc. affecting the property, prior to submitting their bid. The
Applicant shall carry out its own independent study & assessment in respect of the
Mortgaged Property and value thereof before participating in the E-Auction under the
SARFAESI Act, 2002. The Applicant shall conduct its own independent due diligence
at its own costs including verifying various legal proceedings, as well as ascertain the
known and unknown liabilities, encumbrances and any other dues from concerned
authorities or stakeholders to its satisfaction. Any offer made shall be deemed to have
been submitted after complete satisfaction of the Applicant.
2.12 The E-Auction advertisement does not constitute and will not be deemed to constitute
any commitment or representation on behalf of IFCI Ltd. The properties are being

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sold with all the existing and future encumbrances whether known or unknown to
IFCI Ltd.

2.13 The successful bidder shall bear the applicable stamp duties/ additional stamp duty/
transfer charges, fee etc. and also all the statutory/ non-statutory dues, taxes, rates,
assessment charges, fee etc. owed to anybody.

2.14 The Authorized Officer is not bound to accept the highest offer and the Authorized
Officer has the absolute right to accept or reject any or all offer(s) or adjourn/
postpone or cancel the E-Auction without assigning any reason.

2.15 The interested parties may inspect the properties on date and time as mentioned
above with prior intimation/ permission of the Authorized Officer, and may contact
the Authorized Officer at 9951611815. The parties may alternatively contact Mr.
K S Yadav, Assistant General Manager (Law) at 7607112266.

2.16 In case of any interpretation regarding the Terms and Conditions of the sale, the
decision of the Authorized Officer/ IFCI Limited/ ASC shall be final.

2.17 The interested bidders are informed that IFCI Limited will not pay any cost, damages,
interest, etc. on any amount deposited by the bidder if any court/ tribunal/ forum
stays the auction proceedings or due to any delay in handing over the vacant
possession which may be caused due to stay/ any other restraining order of any
court/ tribunal/ forum.

3. ELIGIBILITY

3.1 The bidder should:


a) be any person, registered trust, registered firm, registered co-operative society,
private limited company, public limited company or partnership firm registered in
India;
b) be legally competent to enter into contract as per prevailing laws;

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c) be financially sound;
d) enclose documentary proof that it has the liquidity, line of credit and other financial
means to meet the bid amount.

3.2 The Authorized Officer/ IFCI Limited/ ASC may also consider a bid submitted by a
consortium of persons/ companies. It is, however, made clear that there should be
no change in the consortium structure during the Tender Process, right up to the
stage of depositing the bid amount in full with IFCI Limited. If there is/ are any
change(s) in the consortium structure, Authorized Officer/ IFCI Limited/ ASC reserves
the right to accept/ cancel the sale. However, the financial arrangement between the
consortium partners should be specified in the Tender/Bid.

3.3 No bid by a Consortium/ Partnership/ Company/ Person shall be entertained if in the


opinion of the Authorized Officer/ IFCI Limited/ ASC, the same has led to reduction
in competition.

3.4 The bidder(s) should thoroughly satisfy themselves about the nature, conditions and
quality of the assets/properties. Authorized Officer/ IFCI Limited/ ASC gives no
guarantee or warranty as to the conditions of the assets/properties/ material or/ its
quality or fitness for any specific purpose or use. It should be clearly understood
that no claim/ complaint about the quality/ conditions/ fitness for use will be
entertained by Authorized Officer/ IFCI Limited/ ASC.

3.5 EMD and Tender/Bid should be submitted in the prescribed format only, signed by
the bidder on each page in token of having accepted the same in toto and in a sealed
cover. The same should be addressed to “The Authorized Officer, IFCI Limited, 8th
Floor, Taramandal Complex, 5-9-13, Saifabad, Hyderabad - 500004”, super-scribing
“OFFER FOR PURCHASE OF ASSETS MORTGAGED WITH IFCI Limited,
SITUATED AT PENJARLA VILLAGE, KOTHUR MANDAL, MAHBUBNAGAR
DISTRICT, TELANGANA FOR THE FINANCIAL FACILITIES AVAILED BY VNR
INFRASTRUCTURES LIMITED’’

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4. EARNEST MONEY DEPOSIT (EMD):

4.1 EMD in any other form, for example, cheque (including cheque made “good for
payment”), Bank Guarantee, Bid Bond, Call Deposit etc. will not be acceptable to
Authorized Officer/ IFCI Limited/ ASC and such Tenders are liable to be rejected.

5. MODE OF SUBMISSION OF TENDER/ BID:

5.1 The Tender must be submitted by the appointed date and time at the office of IFCI
Limited at Hyderabad as indicated at Para 2.5 ante.

5.2 The Tenders should be submitted in a sealed cover, along with the following:

a) Demand Draft for EMD drawn on any Nationalised/ Scheduled Bank in favour of
“IFCI Limited”, payable at Hyderabad.
b) The Terms and Conditions of the Tender Document, duly signed and stamped by
the bidder on each page in token of having accepted the same in toto.
c) Demand Draft of Rs.1,000/- in case the Tender Document is downloaded from
IFCI’s website.

5.3 The Tenders/ Bids will not be accepted in case the same are sent through fax/ e-
mail.

5.4 Incomplete Tender or Tenders submitted with qualifying conditions or with conditions
at variance with the Terms and Conditions of Tender Document are liable to be
rejected.

6. EXTENSION IN PAYMENT PERIOD BY THE SUCESSFUL BIDDER:

In case payment is delayed by the successful bidder, the Authorized Officer/ IFCI
Limited/ ASC at its sole discretion, may extend the payment period for 3 months
along with interest. However, in case the balance purchase consideration along with

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the due interest is not paid within the extended period as may be agreed , the sale
of the respective asset/property will be automatically cancelled and the EMD of the
bidder and other money deposited till date, will automatically stand forfeited.

7. TAX_- AND STATUTORIES DUES:

All taxes, duties, charges, fees etc. if applicable and related to the property shall be
paid by the purchaser.

8. DELIVERY PERIOD/ POSSESSION:

After receipt of full and final payment in lieu of the total sale consideration of the
asset/property, IFCI Limited will issue ‘Certificate of Sale’ as provided under the Rules
to SARFAESI Act, 2002, in favour of the purchaser and the purchaser will take all
necessary steps to take over the possession of the assets/properties immediately.

9. TERMINATION / BREACH OF CONTRACT

In the event of non-fulfillment of the Terms and Conditions of the sale by the
purchaser, Authorized Officer/ IFCI Limited/ ASC shall cancel the sale with immediate
effect, in which case, the EMD along with any amount paid (excluding cost of Tender
Document) by the purchaser shall stand forfeited.

10. FORCE MAJEURE:

Authorized Officer/ IFCI Limited/ ASC shall not be liable for any failure or delay in
performance due to any cause beyond their control including fires, floods, strikes,
go-slow, lock-out, closure, pestilence, distilence, dislocation of normal working
conditions, war, riots, epidemics, political upheavals, Governments actions, civil
commotion, breakdown of machinery, shortage of labour acts, demand or otherwise
or any other cause or conditions beyond the control of aforesaid causes or not and
the existence of such cause or consequence may operate at the sole discretion of

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IFCI Limited. to extend the time of performance on the part of IFCI Limited. by such
period as may be necessary to enable IFCI Ltd. to effect performance after the cause
of delays will have ceased to exist. The provisions aforesaid shall not be limited or
abrogated by any other terms of the contract whether printed or written.

11. LIMITATION OF LIABILITY:

UNDER NO CIRCUMSTANCES SHALL IFCI LIMITED, ITS AFFILIATES OR


ANY OF ITS DIRECTORS, OFFICERS, EMPLOYEES ETC. BE LIABLE FOR ANY
INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL EXEMPLARY, OR
PUNITIVE DAMAGES ARISING FROM OR DIRECTLY OR INDIRECTLY
RELATED TO THE PRESENT TENDER INCLUDING, WITHOUT LIMITATION,
LOSS OF REVENUE, OR ANTICIPATED PROFITS. IN NO EVENT SHALL THE
LIABILITY OF IFCI LIMITED EXCEED THE AMOUNT PAID BY THE BIDDER/
TENDERER TO IFCI LIMITED, UNDER THE PRESENT TENDER.

12. GENERAL INFORMATION:

13.1 Authorized Officer/ IFCI Limited/ ASC shall have the right to issue Addendum to the
Tender Document to clarify, amend, modify, supplement or delete any of the Term
and Conditions or items stated therein. Each Addendum so issued shall form a part
of the original Tender Document.

13.2 In case the tender/ bid is not accepted, the bidder(s) shall not be entitled to claim
any cost, charges, expenses incidental to or incurred by the bidder through or in
connection with the submission of the tender/bid even though Authorized Officer/
IFCI Limited/ ASC may elect to withdraw the invitation for bid. Should all invitation
for bid be withdrawn or cancelled by Authorized Officer/ IFCI Limited/ ASC for which
Authorized Officer/ IFCI Limited/ ASC shall have the right to do so at any time, the
Earnest Money paid by the bidder(s) with the tender/bid will be refunded (without
interest) to them in due course.

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13.3 The bidder shall bear all the costs associated with the preparation and submission of
bid/tender. Authorized Officer/ IFCI Limited/ ASC will not, in any case, be responsible
or liable for any such costs regardless of the conduct or outcome of the sale process.

13.4 Unless otherwise specified, the bid amount in the tender/bid should be quoted both
in figures and in words. Tenders/bids containing overwritten or erased bid amounts
are liable to be rejected in absence of any authentication by the Tenderer’s
signatures.

13.5 Authorized Officer/ IFCI Limited/ ASC reserve the right to cancel/ reject any or all
the bids/tenders without assigning any reason thereof.

13.6 The submission of the Tender means and implies that the tenderer/ bidder has
unconditionally agreed to and accepted all the above Terms and Conditions of the
Tender Document.

13.7 Intending bidders/Tenderer(s) may obtain any clarification required before


submitting the tender/bid. Submission of Tender implies that the bidder/tenderer(s)
have obtained all the clarifications required.

13.8 The decision of the Authorized Officer/ IFCI Limited/ ASC in the matter, arising out
of this sale, shall be final in regard to all matters relating to the sale.

13.9 All suits or proceedings relating to any dispute or claim arising out of or in course of
performance of this contract shall be filed in appropriate court having jurisdiction in
Hyderabad.

13.10 The Bidders/Tenderers must ensure the following while submitting the Tender:

(A) THE BID/ TENDER SHOULD BE FILLED IN THE FORMAT OF TENDER


DOCUMENT ENCLOSED AT ANNEXURE - II HEREWITH.

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(B) EVERY PAGE OF THE BID/ TENDER IS DULY SIGNED BY THE
TENDERER/BIDDER BEFORE SUBMITTING THE TENDER.

(C) ALL ALTERATIONS, ERASURE(S) AND OR OVER-WRITING, IF ANY, IN THE


SCHEDULE OR RATE(S), ARE DULY AUTHENTICATED BY THE TENDERER’S
SIGNATURE.

13.11 IFCI / Authorized Officer reserves the right to seek additional/ supplemental
information and/or clarification from the Applicants and to verify all statements,
information and documents submitted by the Applicants in response to the
Tender. Failure of IFCI / Authorized Officer to seek additional information /
clarification or undertake such verification shall not relieve the Applicant of its
obligations or liabilities hereunder nor will it affect any rights of IFCI
thereunder.

13.12 The Applicants and their respective officers, employees, agents and advisers
shall observe the highest standard of ethics during the SARFAESI Process.
Notwithstanding anything to the contrary contained herein, IFCI / Authorized
Officer shall be entitled to reject an Application / Bid without being liable in any
manner whatsoever to the Applicant if it determines that the Applicant has,
directly or indirectly or through an agent, engaged in corrupt practice,
fraudulent practice, coercive practice, undesirable practice or restrictive
practice in the SARFAESI Process.
13.13 The Applicant should ensure that it is eligible to acquire / purchase the
Mortgaged Property offered by IFCI / Authorized Officer for sale and that it has
complied with all the statutory formalities / guidelines / regulations / circulars
read along with relevant rules and other relevant statutory provisions as
applicable to the sale of Mortgaged Property.
13.14 The transfer of the Mortgaged Property shall result in immediate separation of
IFCI from the economic interest as well as the risks and rewards associated
with the Mortgaged Property. I IFCI / Authorized Officer shall not be liable for
handling and responding to any investigation, proceedings or notices on
account of any action including criminal by or before any investigating
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agencies, courts, Tribunals or any statutory Authority; with respect to any
matter whatsoever, in relation to the Mortgaged Property.
13.15 IFCI / Authorized Officer shall provide information to the Applicants on a best
effort basis. By participating in the E-Auction, it shall be deemed that the
Applicant has acknowledged and accepted the risk of inadequacy, error or
mistake in the information provided in this Tender or furnished by or on behalf
of IFCI / Authorized Officer. Further, it shall be deemed that the Applicant
acknowledges that IFCI / Authorized Officer shall not be liable for any
presumption, omission, mistake or error on the part of the Applicant in respect
of the above or in respect of any matter or thing arising out of or concerning
or relating to the Tender or the data provided in the VDR or the SARFAESI
Process or the sale generally, including any error or mistake therein or in the
information / data provided to the Applicant
14. Each Applicant is entitled to submit only one Bid.

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HEAD OFFICE: IFCI Ltd. IFCI TOWER, 61 NEHRU PLACE, NEW DELHI - 110019.
Regional Office: IFCI Ltd, 8th Floor, Taramandal Complex, 5-9-13, Saifabad, Hyderabad - 500004
Telephone No. +91-040 23243505/06; Fax No. +91-040 23241138

Web Site: www.ifciltd.com


CIN: L74899DL1993GOI053677
APPENDIX IVA
[ See proviso to rule 8(6) ]

SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES

E-Auction Sale Notice for Sale of Immovable Assets under the Securitization and Reconstruction of Financial Assets and
Enforcement of Security Interest Act, 2002 read with proviso to rule 8(6) of the Security Interest (Enforcement) Rules,
2002.

Notice is hereby given to public in general and in particular to the Borrower(s), Mortgagers and Guarantor(s) that the
below described immoveable property mortgaged/charged to the Secured Creditor, the constructive possession of
which has been taken by the Authorised Officer of IFCI Ltd Secured Creditor, which will be sold on “As is what is”, and
“Whatever there is basis” on 22.10.2024, (11.30 am to 1.00 pm) for recovery of Rs.1074,31,63,370.99 (Rupees One
Thousand Seventy Four crore Thirty One Lakh Sixty Three Thousand Three Hundred Seventy and Ninety Nine Paise
Only), calculated upto 31/08/2024, due to the IFCI Ltd, Secured Creditor from VNR Infrastructure Limited
(Borrower), Mr. V. Narayana Reddy, Mr.Ganji Praveen Kumar (Personal Guarantors) and R.K.R. Housing Pvt.
Ltd., Indushree Housing Pvt. Ltd., PKNR Estates Pvt. Ltd. (Mortgagors and Corporate Guarantors).The
description of property along with reserve price and earnest money deposit are mentioned hereunder:

(Rs. Crore)

Description of Property Reserve Earnest Date and Date and Last date
Price Money Time of Time of and time of
Deposit Inspection E-Auction Depositing
bid
Non-agricultural land admeasuring Acres 29- 43.18 4.318 15/10/2024 22/10/2024 18/10/2024
23 Guntas, comprised in the following survey 11:00 AM to 11:30 AM to 3.30 PM
numbers: 4:00 PM 1:00 PM
(i) Sy. No. 346 adm. Ac. 15-01 Gts.;
(ii) Sy. No. 343 adm. Ac. 4-20 Gts.;
(iii) Sy. No. 343/AA adm. Ac. 10-02 Gts.

situated at Penjerla Village, Kothur Mandal,


Mahbubnagar District, Telangana, owned by M/s
Indu Shree Housing Pvt. Ltd.

There are no known encumbrances to the knowledge of Authorised Officer /Secured Creditors of the above property.

The Original Title Deeds of Mortgaged Properties are with CBI, BS&FC, Bangalore (Copy of sale deed may be seen with
AO at Hyderabad). For detailed Terms & Conditions of the sale, please refer to the link provided in IFCI Ltd website i.e.
www.ifciltd.com. Contact person: Mr P. Sivakumar at 9951611815, [email protected] or Mr K S Yadav at
7607112266, [email protected].

Date: 26.09.2024 Sd/-


Place: Hyderabad Authorised Officer
IFCI Ltd

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Annexure – I
VNR INFRASTRUCTURES LIMITED

(Description of Immovable Assets)

All that pieces and parcels of freehold lands, comprised in and forming part of total extent of Ac.29-
23 Gts. situated at Penjarla Village, Kotur Mandal Mahabubnagar District, in the state of
Telangana; and bounded as under:

Description of Property

Non-agricultural land admeasuring Acres 29-23 Guntas, comprised in the following survey
numbers:
(i) Sy. No. 346 adm. Ac. 15-01 Gts.;
(ii) Sy. No. 343 adm. Ac. 4-20 Gts.;
(iii) Sy. No. 343/AA adm. Ac. 10-02 Gts.

situated at Penjerla Village, Kothur Mandal, Mahbubnagar District, Telangana, owned by M/s
Indu Shree Housing Pvt. Ltd.

*****

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Annexure – II
CONFIRMATION BY BIDDER
The Authorized Officer,
IFCI Limited,
8th Floor, Taramandal Complex,
5-9-13, P.O. Box No.57,
Saifabad,
Hyderabad - 500 004.

1. Particulars of the Bidder,

1.1 Full Name of the Bidder (in block letters):


1.2 Father’s Name:

Or

Name of (In case of Public or Private Company/ Partnership Firm/Society/Trust /MD/


Managing Partner:

1.3 Age:

1.4 Whether the Bidder is competent to contract under Indian Contract Act, 1872 as per Foreign
Exchange Regulation Act, 1973 / Foreign Exchange Management Act, 1999 in case of NRI
(Tick whichever is applicable) - YES/NO

1.5 Present Business Activity:

2. Constitution of Bidder (Tick whichever is applicable)

i. Public Limited Company


ii. Private Limited Company
iii. Partnership
iv. Individual/ Sole Proprietary
v. Others (specify)

(Furnish documents in support)

Bidder’s Registered Office/ Place of Business

vi. Address
vii. Telephone No. & Mobile No.
viii. Fax No.
ix. E-Mail No.

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3. Particulars of EMD

3.1 Particulars of Earnest Money Deposit (EMD) of Rs. _______________(10% of Reserve price):

Demand Draft/UTR No. Date Name of Bank and Branch

4. Tenderer/Bidder should state whether he/ she is a relative of any Director(s) of IFCI
Limited or Tenderer/Bidder is a firm in which Director(s) or his relative is a partner
or Tenderer/Bidder is a company in which Director of IFCI Limited or his relatives are
member(s) or Director(s).- Yes/No. If yes, Pls provide details.

5. List of documents
Sr Particular of documents Please fill (Not
applicable/Not
available/Enclosed as
Annexure…..)
Certified True Copy of the Board Resolution / Letter
from a Director or Company Secretary of the Applicant
confirming the details of the Authorized Signatory along
with authorisation to submit the offer / bid
List of current directors / partners / trustees (as
applicable)

Proof of Identity of the Authorised Signatory / applicant


(Self attested copy of Aadhar Card / Passport and PAN
Card
Documentary proof of liquidity with the Applicant for
concluding the Purchase of the Mortgaged Property
(liquidity, line of credit and other financial means to
meet the bid price.

Income tax assessment orders for the last three years.

Certified that:-

1. I/We agree to abide by the decision of the Authorized Officer/ IFCI Limited/ ASC.
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2. I/We have read and understood the Terms and Conditions of the Tender Document and hereby
unequivocally and unconditionally accept the same.
3. I/We have inspected the site of the …….. and have satisfied myself/ ourselves for which the
bid is being submitted.

Date: Applicant’s Signatures


Full Name:
Designation:
Name: Mr./Ms./M/s
Address:

*****

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