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E-AUCTION FOR L&T CONSTRUCTION BENGALURU 29-04-2025

LOT-1-TMT Scrap-MT-150, LOT-2-TMT Scrap MT-17 BY WEIGHT PER MT.

 

e-AUCTION Schedule

Kindly Read all the Instructions Carefully.

e- Auction Timing 

Date:  29-04-2025, Tuesday, Start Time: 16:30 Hrs.

Time Slot:

1 Hour, Subject to Auto Extensions of 3 Minutes.

 e- Auction Link:

www.accurateauctioneers.in

Inspection:

Inspection from  18.04.2025 to 28.04.2025 from 10:30 Hrs. to 14:00 Hrs. & 15:00 Hrs. to 17:00 Hrs. (Except Sunday & Holidays)

Address:

 LARSEN & TOUBRO LIMITED,                                                          Site Address :

Please refer the Material List                                   

EMD Submission:

Can also be submitted to Auctioneer’s Account. Details as Follow:

Name- Accurate Auctioneers and Consult PVT LTD.*

*A/C NO-50200061987260*

*IFSC: HDFC0001351*

E-AUCTION RESULT CONFIRMATION & PAYMENT

Payment Within 03 working days from the date of intimation of such provisional acceptance, the highest/ successful bidder has to pay an amount equivalent to 10% (Ten Per cent) of his bid amount less the Caution Money deposited (CMD) earlier towards the Earnest Money Deposit (EMD).

L&T Construction shall issue a final confirmation of acceptance/rejection for all lots within 15 calendar days (excluding e-auction date)

The buyer shall deposit 100% payment within 07 calendar days from the date of confirmation, subject to acceptance of his bid amount and said lot/’s

 

The EMD / Security Amount Shall be refunded after NOC from

L&T Construction.

NO interest shall be provided on amount deposited in Auctioneer’s Account.

 

 

 

 

 

Product Details

Lot NO.

TYPE OF SCRAP

UOM

QUANTITY

PCB (Yes or NO)

Event Fees GST Extra

EMD

Total EMD (Participation)

Site Address

1

TMT Scrap

MT

150

No

37,500

770000

8,26,750

Larsen and Toubro Construction, KRIDE C4 Project(LE24M004),- MAIN STORE -Sy no 80/1, 80/2,80/3, Chagalatti Village-Jala 3 Hobli, Yelahanka Taluk-Bengaluru Urban Dist,-562149 SUDHIPTO DAS- 8420057245, PARSHA SHAKHER -79931-79747

2

TMT Scrap

MT

77

No

19,250

Larsen & Toubro Ltd  K RIDE COR 4 Project  , Survey No 31,40,51,52 & 53, Gollahalli Village , Jala - 3 Hobli , Yalahanka Taluk , Bengaluru , Bengaluru Urban , Karnataka  - SUDHIPTO DAS- 8420057245, PARSHA SHAKHER -79931-79747

 

Special Condition :

1   L & T Ltd. will not provide the E way bill. It’s in scrap vendor scope.

2   H1 Buyer lift the materials from site as indicate in the photographs & site person.

3   After auction company will not accept any misbehave for the lifting .

4   In C4 PC YARD we don’t have any running weighbridge therefore site management has decided that all  weighment will be done in C2 PC  YARD which is 10KM   distance from C4 PC YARD

5   All materials shall be lifted from site within 30 days from the date of issuance of Sale Order.

6   Payment Terms: Bidder has to deposit 25% of the Sale Order value within 3 days from the date of issuance of Sale Order as a Security amount.  Balance 75% shall be payable in 2-3 lots before lifting of materials from site. The Security amount will be adjusted in last lot. .

7   The Sale Order will be cancelled and EMD will be forfeited as per below clauses:

        If Bidder will not deposit the Security Amount within 3-5 days from the date of issuance of Sale Order.

        If Bidder shall not start the lifting of materials from 10th day of issuance of Sale Order.

        If Bidder shall not lift the 50% of materials within 15th Day of issuance of Sale Order.

8   Bidder shall be Single Point of Contact for all communication & correspondence with Client.

9   Tax will be extra as per actual rates.

10 Event Fees is to be Paid by H1 Buyer Only.

11 All the bidders have to pay Membership Fee for the participation as Rs.7080/- (Inclusive GST)

DOWNLOAD TERMS & CONDITIONS & PHOTOS FROM WEBISTE AND READ CAREFULLY. 

Start Date:
29/Apr/2025
Start Time:
16:30:00
On Behalf Of
Larsen & Toubro Construction
AT:
accurateauctioneers.in
Inspection Date
DETAILS CAN BE ACERTAINED FROM AUCTIONEERS
Address
DETAILS CAN BE ACERTAINDED FORM WEBSITE.
Documents: