Office Space for sale in Visakhapatnam, Visakhapatnam, Andhra Pradesh
Asset Details
Address
All the vacant plot No. 285 measuring 76.00 Sq.yds or 63.54 Sq.mts,All the vacant plot No. 286 measuring 70.25 Sq.yds or 58.74 Sq.mts,All the vacant plot No. 287 measuring 64.50 Sq.yds or 53.93 Sq.mts,All the vacant plot No. 288 measuring 58.74 Sq. yds or 49.11 Sq.mts,All the vacant plot No. 289 measuring 53.68 Sq.yds or 44.88 Sq.mts,All the vacant plot No.313 measuring 109.30 Sq.yds or 91.39 Sq.mts,All the vacant plot No.314 measuring 88.40 Sq.yds or 73.91 Sq.mts,All the vacant plot No.315 measuring 87.19 Sq.yds or 72.90 Sq.mts,All the vacant plot No.316 measuring 85.98 Sq.yds or 71.89 Sq.mts,All the vacant plot No.317 measuring 84.78 Sq.yds or 70.88 Sq.mts,All the vacant plot No.318 measuring 83.57 Sq.yds or 69.87 Sq.mts,All the vacant plot No.319 measuring 82.37 Sq.yds or 68.87 Sq.mts,All the vacant plot No.320 measuring 81.16 Sq.yds or 67.86 Sq.mts,All the vacant plot No.321 measuring 80.07 Sq.yds or 66.95 Sq.mts,S. No.240/7,Kapulauppada village Bheemunipatnam
Additional Details
PLOT NOS : 285 - 76.00 286 - 70.25 287 - 64.50 288 - 58.74 289 - 53.68 313 - 109.30 314 - 88.40 315 - 87.19 316 - 85.98 317 - 84.78 318 - 83.57 319 - 82.37 320 - 81.16 321 - 80.07 SQ YDS
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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)
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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.