The sale shall be subject to the final outcome of and/or orders, directions etc. as may be passed by the Hon'ble DRT/DRAT ^^om time to time in the above suits /proceeding. The successful bidder/ purchasers shall be required todischarge all the encumbrance to which the above immovable property / secured asset are subject to including the above encumbrances and comply with the orders /directions of the Hon'ble DRT/Hon'ble DRAT.HDFC has not admitted the claim of the Applicants in the above suit/proceedings and the proposed sale in exercise of powers under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security InterestAct, 2002, as envisaged hereunder shall be without prejudice to the rights of and remedies available to HDFC.As on date there is noorder restraining and/or injuncting HDFC /the Authorised Officer of HDFC from selling, alienating and/ordisposingoffthe above immovable properties/secured assets.HDFC does not warrant the accuracy or completeness of the information contained in the documents that are relied upon in the above proceedings (that is pending adjudication) or as to the existence of any other ^^et alleged orrepresentations made by the Applicants whether in the pleadings or otherwise.The prospective purchasers / bidders and interested parties may independently take inspec^^on of the pleadings filed in the above proceedings / orders passed etc including but not limited to the documents of title pertainingthereto available with HDFC and satisfy themselves In ail respect prior to submitting making offers.It. License Agreement dated August 21, 2014 executed between Tycoon Events & Promotions Pvt Ltd and GRPL and subsequently amended on June 02,2017 whereby only the pro-Identified space at the

"Secured Asset" has been licensed to Tycoon Events & Promotions Pvt Ltd, for the purpose of display of pubic advertisement for s monthly fee, presently being Rs.1,68,000/- (Rupees One Lakh Sixty EightThousand Only) which Is subject to 5% Increase, in accordance with the License Agreement

TERMS & CONDITIONS OF SALE:I.The particulars In respect of the Immovable Property / Secured Asset specified herelnabove have been stated to the best of the information and knowledge of the Authorised Officer / HDFC Ltd. However, the Authorised

Officer / HDFC Ltd shall not be responsible for any error, misstatement or omission in the said particulars. The Bidders are therefore requested in their own interest, to satisfy themselves with regard to the above and all otherrelevant details / material information pertaining to the abovementioned Immovable Property / Secured Asset, before submitting the bids.Statutory dues like property taxes / cess and transfer charges, arrears of electricity dues, arrears of water charges, sundry creditors, vendors, suppliers and other charges known and unknown, shall be ascertained by theBidder before hand and the payment of the same shall be the responsibility of the buyer of Secured Assets.Wherever applicable, it is the responsibility of buyer of Secured Assetsto deduct taxat source (TDS)@ of 1% of the total sell consideration on behalf of the seller on the transfer of Immovable property having considerationequal to Rs.50 Lacs and above and deposit the same with appropriate authority u/s 194 I/A of Income Tax Act

4.Sale is strictly subject to the Terms, Conditions and Disclaimers stipulated in the prescribed E-Auction Bid Document Offer Acceptance Letter, Public Notice, terms and conditions mentioned herein below and any otherrelated documents.

5.As described above, Secured Asset is available for inspection on 23/02/2019_between 11 AM-1 PM6.E-Auction Bid Document canbeobtainedon-iinefromthewebsitewww.hdfc.com orcanbeobtained at HDFC Ltd, Second Floor. The Capital Court Mi^wka, Outer Ring Road, Olof PalmeMarg,NewDethi-67.7.For any assistance related to Inspection of the property, or for obtaining the E-Auction Bid Document and for any other queries, please get in touch with Mr. Aju Ashok, Authorised Officer, HDFC Ltd. (011-41596568

Mobile No. 9971380421) or Mr. Sachln Kapoor, Authorised Officer, HDFC Ltd. (011-41596676 Mobile No. 8968570037).8.Earnest Money Deposit (EMD) amount as mentioned above shall be deposited by the bidders through Demand Draft / Pay Order in Favour of "HDFC UmMed" payable at par In sealed envelope and shall be submitted at

HDFC Ltd, The Capital Court Munirka, Outer Ring Road, Olof Palme Marg, New Delhi-67.As indicated in Column (I), Minimum bid increment amount is Rs. 3,00,000/- (Rupees Three Lakh Only)

10. The offer amount (to be mentioned In e-euctlon Bid document) shall be above Reserve Price and bidden shall improve their offers In multiples of Bid Incremental amount Indicated above.II.E-Auction Bid Document duly filled in aiongwith the details of payment of EMD shall be submitted at HDFC Ltd, The Capital Court, Munirka, Outer Ring Road, Olof Palme Marg, New Delhi-67.12.The last date of submission of bids in prescribed e-auction Bid Documents with all necessary documents and EMD in stipulated manner is 5-MAR-19_ indicated in Column (H).13.Incomplete E-Auction Bid Document or bids with inadequate EMD amountor bids recerved after the date indicated at Serial H heretnabove shaH be treated as invalid.14.Conditional offers shall be treated asinvalid.15.M/sShriramAutomall India Limited would beassistingmeAuthorizedOfficerinconductingtt^auctkxithrooghane-bickfing process.16.Upon receiptofBid with the necessary documents as mentioned therein and in the sale notice within the stipulated date and tvrwmentx^ed above, a passwonVus^ ID w* be provided by Sh^^

eligible bidders /prospective purchasers to participate in the online auction at httpsjVeauctions-samil.in.17.Necessary trainings will be provided by by Shriram Automall India Limited for the purpose.18.The auction byway of e-biddlng will be conducted on the date and time indicated in Column (J).19.The immovable Property / Secured Asset shall not be sold below the Reserve Price.20.On sale of the property the purchaser shall not have any claim of whatsoever nature against HDFC Ltd or its Authorised Officer.21.The e-bidding would commence and end at the time indicated in Column (J) above. However, if a bid is received 5 minutes prior to the closing time indicated therein, it would get extended by five minutes every time a bid is

offered. The auction would end if there is no bid for a period exceeding five minutes.22.It shall be at the discretion of the Authorised officer to cancel the auction proceeding for any reason and return the EMD submitted and HDFC Ltd wi|l not entertain any claim or representation in that regard from the bidders.23.The Authorized officer has the absolute right to accept or reject the highest and / or all Bid(s) or postpone or cancel the sale, as the case may be without assigning any reasons thereof and also to modify any of the terms and

condition of this sale without prior notice.24.The sale shall be conferred on the highest bidder subject to confirmation by Secured Creditor i.e. HDFC Ltd.25.EMD of successful bidder shall be adjusted and for all otherunsuccessful bidders, the same shall be refunded within 10days from the date of Auction. The Earnest money deposit will notcany any interest.26.Along with Bid Documents the Bidder(s) should also attach his/her photo identity proof such as copy of the passport, election commission card, ration card, driving license, copy of the PAN card issued by the Income Tax

department etc. and the proof of residence countersigned by the bidder herself/himself.27.The successful bidder shall be required to pay 25% of the offer amount (including the amount of EMD) immediately i.e. on the same day or not later than next working day, as the case may be(as per the amended provisions

of Rule 9(3) of the Security Interest (Enforcement) Rules, 2002) on confirmation of offer acceptance by HDFC, failing which the EMD amount remitted will stand forfeited. The balance 75% of offer amount shall be paid within15 days of confirmation of sale by the Authorised officer. If the balance amount is not remitted within stipulated time the amount of 25% will stand forfeited as per the amended provisions of Rule 9(4) of the Security Interest(Enforcement) Rules, 2002.Note: Bidding in the last minute and second should be avoided in bidders own interest. Neither HDFC Ltd. nor the service provider shall be responsible for any lapses /failure (Internet failure. Power failure etc.) on the part of the

vendor, in order to ward-off such contingent situation bidders are requested to make all the necessary arrangements / alternatives such as back-up power supply or whatever required so that they are able to participate in theauction successfully.CAUTION NOTE: Bidden at large are hereby Informed that HDFC Ltd and Its Authorized Officer does not deal In cash transaction with respect to Immovable Property mentioned In the Auction sale notice.ThenameandconUctdetaileoftheegency/broker, W any, authorized by HDFC Limited to deal with sale of Immovable property can be obtained only from theofficeof HDFC Ltd atthe address mentioned above.Date: 25-JAN-19.For Housing Development Finance Corporation Ltd.Place: NEW DELHISd/_

Authorized Officer

GRPL Vs. HDFC LTD. & OrsGRPL Vs. HDFC LTD. & OrsTitle of the suit

Appeal No. 12 of 2019 pending before Debts Recovery Appellate Tribunal (DRAT), DelhiSA No. 327 of 2018 pending before Debts Recovery Tribunal-I (DRT). DelhiCASE NO

*togetherwithfurtherinterest@ 18% p.a.onthe outstanding principal amount and outstanding interest as applicable aiongwith incidental expenses, costs, charges etc. incurred up tothedateof payment and/or realisation thereof.DISCLOSURE OF KNOWN ENCUMBRANCES / CLAIMS

To the best of knowledge and Information of the Authorized Officer of HDFC Ltd, there are no encumbrances/claims in respect of the above Immovable properties/Secured Assets save and except the following-:L Court Litigation/Proceedings:^

together with jointly owned, Indivisible, Impartible, undividedproportionate area of land admeasuring 1.78 acres at Phase III,Udyog Vihar, near 25 km stone, NH-8, Delhi-Gurgaon border,Gurgaon, Haryana and construction ^ereon both present &future and all entitlements emanating therefrom, owned by M/sGurgaon Recreation Park Limited

625854165120

1387.751387.75

^ 1387.752302.703207.253207.25

Built up approx in sq mtrs

Basement 3Basement 2Basement 1Fifth floor

Fourth floorThird floor

Second floorFirst floor

Ground floorFloor

7-MAR-19FROM

10.30 AM-11:30 AM

Rs. 3,00,000/-(Rupees Three

Lakh Only)5-MAR-19

before 5 PM23-FEB-19

FROM 11 AMTO1 PM

5% OFTHE BIDAMOUNT

Rs.118,98,00,000/-(Rupees One

HundredEighteen

Crores NinetySix Lakhs

Only)

PHYSICALRetail area as described herein below consisting of Ground plus05 Floors end 03 basement situated on undivided proportionatearea of land admeasuring 1.78 acres , part of Plot measuring16337.662 Sq Mtr (excluding hotel area comprising of 190 rooms ofthe four star hotel having a built-up area of approximately 1,85,550 SqFt (17234 Sq Mtrs) consisting of ground plus 09 floors and 03basements underneath the hotel together with jointly owned, indivisible,impartible, undivided proportionate area of land admeasuring 2.25acres). It Is hereby clarified that the property for sale is only theretail area consisting of Ground plus 05 Floors and 03 basementunderneath the retail area details of which are as below •;

Rs.108,32,18,417/-(Rupees OneHundred Eight

Crore Thirty TwoLakhs EighteenThousand Four

Hundred SeventeenOnly ) due as on

31-Mar-ir

lurgaon Recreation'ark Ltd ("GRPL")

LOANACCOUNTNO. 5^80154274

Date andtime ofAuction

Bidincremental

amount (Rs.)Last date ofsubmission

of bidsDate of Inspection

of ImmovableProperties /

Secured Assets

Earnestmoneydeposit

(Rs.)

ReservePrice (Rs.)

Type ofPossessionDescription of the Immovable Property / Secured Asset

(1 Sq. mtr. Is equivalent to 10.76 Sq.lt)Outstanding duesto be recovered(Secured Debt)

(Rs.)'

Name of Borrower(s)/Legal

Representatlve(s) /Loan Account Nos.

(J)(I)(G)(F)(E)(D)(C)(B)(A)

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITEDjhdfcThe Capital Court, Munirka, Outer Ring Road, Olof Palme Marg, New Delhi-67Tel: 011-41596676/568 CIN L70100MH1977PLC019916 Website: www.hdfc.com

WITH YOU, RIGHT THROUGH.E-AUCTION SALE NOTICEE-Auctlon Sale Notice (or Sale of Immovable Assets under the Securitlsatlon 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 the public In general and In particular to the Borrower(sy Mortgago^s) and Guaranto^s) indicated in Column (A) that the below described immovable property(ties) described In Column (C)mortgaged/charged to the Secured Creditor, the physical possession of which has been taken as described in column (D) by the Authorised Officer of Housing Development Finance Corporation Limited (HDFC Ltd) - SecuredCreditor, will be sold on "As is where Is', "As is what is", and "Whateverthere Is" as per the details mentioned below:Notice Is hereby given to Borrower/ legal representatives, executor(s), administrato^s), and assign(s) of the respective Borrower / Mortgagor, as the case may be, as Indicated in Column (A) under Rule 8(6) of the SecurityInterest (Enforcement) Rules 2002.

:or detailed terms and conditions of the sale, please refer to the link provided in Housing Development Finance Corporation Limited (HDFC Ltd)Secu red Creditor's website I.e. www.HDFC.Cotn

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