Warehouse/Storage for sale in PANUHAT KATWA, BURDWAN, WEST BENGAL
Asset Details
Reserve Price:
Date of E-Auction: NA 
Assets Code: BOA-I-10402
Ownership Type: FREEHOLD 
Status of Possession: SARFAESI SYMBOLIC
Carpet Area: N/A
Builtup Area: N/A
Address
SUBODH SMRITI ROAD BY PASS KATWA BURDWAN PANUHAT WB 713130
Additional Details
MOUZA JAJIGRAM JL NO 17 LR KH NO 2483 LR PLOT NO 349 ARE 4.125 DECIMAL AS PER SALE DEED NO 1251 BY 2006
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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.
