Size 12x12 Kolar Karnataka

SIZE_12x12 _KOLAR KARNATAKA
FASTTRACK HOUSING FINANCE LIMITED

(formerly known as Fasttrack Housing Finance Private Limited)
CIN No. : U65993MH2005PCL158168
ITI House, 36 Dr. R. K. Shirodkar Marg, Behind Bata Showroom, Opp. HDFC House Parel, Mumbai-400 012
WITHOUT PREJUDICE
Notice under section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
The below mentioned borrowers have defaulted in repayment of installments and as on date mention in table and some amount is still
outstanding from them to the FHFL Company towards the loan amount with interest. As they have committed repeated defaults in observing
the financial discipline under the said loan, these accounts have been classified and declared as Non Performing Asset (NPA) on mentioned
dates (in table) in accordance with the directions and the guidelines issued by the Reserve Bank of India from time to time. They are aware that
the said Business loan is secured by a mortgage over the property owned by them which is detailed in below (MORTAGED PROPERTY
ADDRESS) table. We hereby call upon these borrowers to discharge their liabilities in full to us within a period of 60 (sixty) days from the date
of issue of this notice, failing which we shall be exercising the powers under section 13 of the Securitization and Reconstruction of Financial
Assets and Enforcement of Security Interest Act, 2002 (hereinafter called as “Securitization Act”), against the secured assets mentioned
below. The powers available to us under section 13 of the Securitization Act, interalia, includes (i) power to take possession of the secured
asset including the right to transfer by way of lease, assignment or sale for realizing the secured asset (ii) take over the management of the
secured assets including the right to transfer by way of lease, assignment or sale and realize the secured asset and any transfer of secured
asset by us shall vest in the transferee all rights in or in relation to the secured asset transferred as if the transfer had been made by you. The
amount realized from exercising the powers mentioned above, shall first be applied in payment of all costs (including legal costs and lawyers
fees and expenses), charges and expenses which in our opinion have been properly incurred by us or any expenses incidental thereto, and
secondly applied in discharge of our dues, as mentioned above with contractual interest from the date of this notice till the date of actual
realization and the residue of the money if any shall be paid to you. Please take note that after the date of issue of this notice you shall not
transfer or part with possession by way of sale, lease or otherwise the secured asset referred to in this notice, or any part or right thereof,
without our prior written consent. We also inform you that if our dues are not fully satisfied with the sale proceeds of the said secured asset, we
reserve our right to proceed against you (jointly and severally) before an appropriate Court, for recovery of the balance amount due from you.
Kindly note that the below mentioned amounts are due as on date mention in table and we reserve the right to recover the same from the
borrowers (jointly and severally) along with costs and interest as may be applicable from time to time till the date of full and final payment.
NPA SANCTIONED FC AMOUNT
NAME OF THE BORROWERS MORTGAGE PROPERTY ADDRESS
DATE AMT. & DATE & DATE
1. Subramani, (Borrower) Property Bearing No.187, PID No.151900902500600214,
Avani Ganjigunte Kolaravani Hobli, Ganjigunte, Village, Balla Village Panchayat, mulbagilu Taluk, kolar
Kolar, Karnataka - 563127 District, Kolar, Karnataka- 563127 All That Piece And Parcel of
Also At: Property Bearing No.187, Immoveable Property Bearing V.P. Katha No. l87, PID No.
PID No.151900902500600214, 151900902500600214.Situated At Ganjikunte Village, Avani Hobli,
Ganjigunte, Village, Balla Village Balla Village Panchayath, Mulbagal Taluk, Kolar District, Measuring 08/10/2024 Rs. Rs.
Panchayat, Mulbagilu Taluk, Kolar, East To West 16.764 Meter (55 Feet) And North To South 7,00,000/- 7,60,247/-
District Kolar, Karnataka- 563127 11.277600000000001 Meter (37 Feet), In All Measuring 189.06 & &
2. Lakshmakka (Co-Borrower) Sq.meter., (2035 Sq.feet.,) together with house constructed thereon 13/07/2023 06/11/2024
Avani, Kolar, Kolar 1, Karnataka- and is bounded on the: All the piece and parcel of land is Bounded As
563127 Follows: On Or Towards The East: Government Land, On Or
Loan Account Number: Towards The West: Government Road, On Or Towards The South:
House Belongs To G.K. Kodandaramappa And Vacant Land Belongs
LLKOL01423-240003432
To Parvathamma, On Or Towards The North : Government School
For FASTTRACK HOUSING FINANCE LIMITED
Authorized Officer

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SIZE_12x12 _KOLAR KARNATAKA

FASTTRACK HOUSING FINANCE LIMITED

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