Warehouse/Storage for sale in Bathinda, Bathinda, Punjab
Asset Details
Address
situated at MC no-2762-B, opposite namdev nagar, GT road, Bathinda
Additional Details
All the part and parcel of commercial cum residential property measuring 294.33 Sq. Yds situated at MC no-2762-B, opposite namdev nagar, GT road, Bathinda standing in the name of Smt. Anu Garg D/o Gurdas Gargand Sh. Gurdas Garg s/o Sh. Nohar Chand acquired vide RTD no. 9936 (36 Sq Yds) dated 17.11.2004, RTD No- 9937 (77 Sq yds) dated 17.11.2004, RTD no. 14647(118.33 Sq Yds) dated 10.03.2005, RTD no. 3468 (63 Sq Yds) dated 25.06.2003Note: Properties mentioned above are also mortgaged in group concern account of M/s J J Exports with BO- Bank Street Bathinda (014810).Note: One SA 269/2024 titled as G K Exim Vs. PNB filed by the borrower/Mortgagor is pending before DRT-1 Chandigarh.
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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.