Commercial Plot/Land for sale in Agra, Agra, Uttar Pradesh
Asset Details
Reserve Price:
Date of E-Auction: 28/Jan/2025 02:00 
Assets Code: BOA-EB-132781
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area (Sq feet): None
Builtup Area (Sq feet): NA
Address
Registered Mortgage of Immovable Property located no. Khasra no 409 & 410, Village Bhara, Jagner Tehsil Kheragarh, Agra Uttar Pradesh- 283115 having admeasuring area of 18410 Sq. mtrs in the name of Shri Jagdish Singh and Shri Krishn kumar and property bounded as under-North: Khet of Shri Ram & Sant RamSouth: 20 ft wide road East: 20 ft wide roadWest: Khet Kishan Singh & Others
Additional Details
Registered Mortgage of Immovable Property located no. Khasra no 409 & 410, Village Bhara, Jagner Tehsil Kheragarh, Agra Uttar Pradesh- 283115 having admeasuring area of 18410 Sq. mtrs in the name of Shri Jagdish Singh and Shri Krishn kumar and property bounded as under-North: Khet of Shri Ram & Sant RamSouth: 20 ft wide road East: 20 ft wide roadWest: Khet Kishan Singh & Others
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Insights
Seller’s Reserve Price
The reserve price set by the seller for a property auction excludes all property-related dues like taxes, utilities, maintenance, and industrial authority fees.
Earnest Money Deposit (EMD)
The earnest money deposit (EMD) is the minimum amount paid by the buyer to the seller institution to confirm participation in the auction. If the bidder is unsuccessful, the EMD is refundable. However, it will be forfeited in the event of non-payment after winning the auction.
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Possession Status
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SARFAESI Act
The SARFAESI Act, an abbreviation for the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, is legislation implemented in India to empower banks and financial institutions in efficiently recovering their non-performing assets (NPAs). This act grants banks the authority to seize and sell properties of defaulting borrowers without court intervention, providing a legal framework for the swift resolution of distressed assets. By enabling banks to enforce their security interests effectively, the SARFAESI Act significantly aids in loan recovery and upholds financial system stability. Access the Act here.
