Others for sale in Anakapalle, Anakapalli, Andhra Pradesh
Asset Details
Reserve Price:
Date of E-Auction: 24/Dec/2024 11:00 
Assets Code: BOA-EB-37540
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area: None
Builtup Area: NA
Address
KASIMKOTA , ANAKAPALLI, VISAKHAPATNAM
Additional Details
All that piece and parcel of converted dry land in 1B Patta Nos.1718, bearing S.No.663/17 with an extent of Ac.0.90 cents or 0.360 Hcts, situated at Bayyavaram Village, within the limits of Bayyavaram Grama Panchayat, Kasimkota Mandal, Anakapalli Sub Registrar Office, Anakapalli Sub Registry District, Anakapalli Revenue Division, Visakhapatnam District, Andhra Pradesh State - 531031 and bounded by:-East : Common WayWest : Dry land belongs to Minca Calcination Pvt Ltd North : Dry land belongs to Sri Nikhil Jain South : Dry land belongs to Sri Aashik Jain
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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.
