Others for sale in Mandi Govindgarh, Fatehgarh Sahib, Punjab
Asset Details
Reserve Price:
Date of E-Auction: 24/Dec/2024 01:00 
Assets Code: BOA-EB-30872
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area: None
Builtup Area: NA
Address
property (In 2 Portion) situated Near Sun City, Jassran Road, Opp. Green Avenue, Mandi Gobindgarh, Distt Fatehgarh Sahib, Punjab, measuring 10 Biswa in total standing in the name of Mr. Ravi Goyal S/o Pawan Kumar Goyal & Pushpa Rani W/o Pawan Kumar Goyal.
Additional Details
property (In 2 Portion) situated Near Sun City, Jassran Road, Opp. Green Avenue, Mandi Gobindgarh, Distt Fatehgarh Sahib, Punjab, measuring 10 Biswa in total standing in the name of Mr. Ravi Goyal S/o Pawan Kumar Goyal & Pushpa Rani W/o Pawan Kumar GoyalA. A.Measuring 1 Biswa 13 Biswasi i.e. 200/19800 share out of 8 Bigha 5 Biswa comprising in Khewat No. 375/869, Khasra No. 751 (8-5) Kittas 1, situated in the revenue estate of Jassran, Hadbast No. 02, Sub Tehsil Mandi Gobindgarh, Tehsil Amloh, District Fatehgarh Sahib as per Jamabandi for the year of 2000-01 and standing in the name of Mr. Ravi Goyal on the basis of Sale deed No. 1609 dated 27.10.2004 ( Mutation No 17209).(As per current Jamabandi for the year 2015-16 Property measuring 1 Biswa 13 Biswasi i.e. 1/100 share out of 8 Bigha 5 Biswa comprising in Khata No. 382/892, Khasra No. 751 (8-5), Kittas 1, situated in the revenue estate of Jassran, Hadbast No. 02, Sub Tehsil Mandi Gobindgarh, Tehsil Amloh, District Fatehgarh Sahib, Punjab is standing in the name of Mr. Ravi Goyal S/o Sh. Pawan Kumar Goyal) B.B.Measuring 8 Biswa 7 Biswasi i.e. 1000/19800 share out of 8 Bigha 5 Biswa comprising in Khewat No. 375/869, Khasra No. 751 (8-5) Kittas 1, situated in the revenue estate of Jassran, Hadbast No. 02, Sub Tehsil Mandi Gobindgarh, Tehsil Amloh, District Fatehgarh Sahib as per Jamabandi for the year of 2000-01 and standing in the name of Mrs. Pushpa Rani on the basis of Sale deed No. 1608 dated 27.10.2004 (Mutatioon No. 17208)(As per Current Jamabandi for the year 2015-16 Property Measuring 8 Biswa 7 Biswasi i.e. 167/3300 share out of 8 Bigha 5 Biswa comprising in Khata No. 382/892, Khasra No. 751 (8-5), Kittas 1, situated in the revenue estate of Jassran, Hadbast No. 2, Sub Tehsil Mandi Gobindgarh, Tehsil Amloh, District Fatehgarh Sahib, Punjab is standing in the name of Mrs. Pushpa Rani W/o Shri. Pawan Kumar Goyal)And both the portions are bounded as under:On the North By : Agriculture Land ( 75’-0’)On the South By : Street ( 75’-0’)On the East By : Foundry ( 60’-0’)On the West By : Jassran Road ( 60’-0’)
The Buying Process
How to buy properties from banks? We're here to guide you through the process, making your
property acquisition journey seamless and hassle-free.
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)
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.
Did you know?
Loan Availability
We recognize the difficulties of securing a loan for auction properties. That's why BankofStressedAssets.com has teamed up with handpicked banks that specialize in providing loans for such properties. With our streamlined loan process, you can confidently explore financing options and make purchasing property more accessible.
Request a Visit of the Property
Indicate your interest in a property by requesting a visit through BankofStressedAssets.com. Simply click on "I am interested," and we'll liaise with the authorized bank officer to schedule a convenient property tour. This enables you to personally inspect the property and make an informed decision.
Possession Status
BankofStressedAssets.com offers details regarding the possession status of properties. Physical possession indicates that the property is secured, with the seller institution holding the keys. Symbolic possession means the seller institution possesses legal rights, yet physical possession remains pending. Understanding the possession status provides insight into the property's present condition.
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.
