Office Space for sale in Visakhapatnam, Visakhapatnam, Andhra Pradesh
Asset Details
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"All the vacant plot No.88 measuring 261.20Sq.yds or218.39Sq.mts., All the vacant plot No.89 measuring 271Sqy or 226.59Sqm.,All the vacant plot No.90 measuring 279.80Sqy or 233.44Sqm in., All the vacant plot No. 91 measuring 279.20Sqy or 233.44Sqm inAll the vacant plot No. 92 measuring 259.20Sqy or 216.72Sqm All the vacant plot No. 103 measuring 90Sqy or 75.25 SqmAll the vacant plot No.104 measuring 90Sqy or 775.25Sqm All the vacant plot No.105 measuring 180 Sqyd or 150.50Sqm All the vacant plot No.106 measuring 180 Sqyd or 150.50 Sqm All the vacant plot No.107 measuring 180 Sqyd or 150.50Sqm All the vacant plot No.108 measuring 180 Sqyd or 150.50 Sqm All the vacant plot No.124 measuring 528.35Sqyd or 441.77 Sqm in S.No.248/10 &248/11 Sai Brundavanam Lay out at Dakamarri Village Bheemunipatnam Mandal Visakhapatnam District and Sub Registrar Bheemunipatnam
Additional Details
"All the vacant plot No.88 measuring 261.20Sq.yds or218.39Sq.mts., All the vacant plot No.89 measuring 271Sqy or 226.59Sqm.,All the vacant plot No.90 measuring 279.80Sqy or 233.44Sqm in., All the vacant plot No. 91 measuring 279.20Sqy or 233.44Sqm inAll the vacant plot No. 92 measuring 259.20Sqy or 216.72Sqm All the vacant plot No. 103 measuring 90Sqy or 75.25 SqmAll the vacant plot No.104 measuring 90Sqy or 775.25Sqm All the vacant plot No.105 measuring 180 Sqyd or 150.50Sqm All the vacant plot No.106 measuring 180 Sqyd or 150.50 Sqm All the vacant plot No.107 measuring 180 Sqyd or 150.50Sqm All the vacant plot No.108 measuring 180 Sqyd or 150.50 Sqm All the vacant plot No.124 measuring 528.35Sqyd or 441.77 Sqm in S.No.248/10 &248/11 Sai Brundavanam Lay out at Dakamarri Village Bheemunipatnam Mandal Visakhapatnam District and Sub Registrar Bheemunipatnam"
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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.