Retail Shop for sale in Ahmedabad, Ahmedabad, Gujarat
Asset Details
Address
Commercial Unit No. A 715A, Seventh Floor, Block No. A, Hub Town, Near Astodiya Darwaja, Ahmedabad -01 situated on piece & parcel of land bearing Final Plot No. 6 + 8 + 9 + 10 + 41 + 42+ 43 [Land Admeasuring 58,370 Sq. Mtrs.] of town planning scheme No. 02 (Kankariya) Mouje Rajpur Hirpur, Taluka Maninagar, Sub District Ahmedabad Gujarat (Unit admeasuring 15.78 Sq. Mtrs. (170 Sq. Ft.) with all the fixtures, furniture
Additional Details
That the immovable property Commercial Unit No. A 715A, Seventh Floor, Block No. A, Hub Town, Near Astodiya Darwaja, Ahmedabad -01 situated on piece & parcel of land bearing Final Plot No. 6 + 8 + 9 + 10 + 41 + 42+ 43 [Land Admeasuring 58,370 Sq. Mtrs.] of town planning scheme No. 02 (Kankariya) Mouje Rajpur Hirpur, Taluka Maninagar, Sub District Ahmedabad Gujarat (Unit admeasuring 15.78 Sq. Mtrs. (170 Sq. Ft.) with all the fixtures, furniture and said property Bounded by as follows:On or towards North Commercial Unit No. A716On or towards South CorridorOn or towards EastCommercial Unit No. A710AOn or towards WestCommercial Unit No. A715
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Insights
Seller’s Reserve Price
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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.