Retail Shop for sale in Jhansi, Jhansi, Uttar Pradesh
Asset Details
Address
SHOP NO 199/1 MOHALLA JHARKHARIA
Additional Details
1.Commercial property having area of 13.94 sq.mtr. registered on 29.12.2006 in bahi 1 zild no 3146 on page no 363 to 388 at sr. No 6644 with SRO Jhansi situated at Jharkhariya mohalla, Naria bazaar, Jhansi. 2.Commercial property having area of 13.51 sq.mtr. registered on 29.11.2011 in bahi no 01 zild no 4712 on pages 101 to 126 at sr. No 7221 with SRO Jhansi situated at Jharkhariya mohalla Naria bazaar, Jhansi
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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.