Apartments/Flat for sale in Tindivanam, Viluppuram, Tamil Nadu
Asset Details
Address
All the piece and parcel of land and building situated in Tindivanam R. D. Mailam S.R.D., within the limits of Kolliyangunam Village Panchayat of Mailam Panchayat Union, the layout in the name of Shriradi Saibaba Nagar, the vacant Plot Nos.9,10,11&12 comprised in New Survey Nos.29/3,4,5,6,7,9,10,12 & 24/2,3,4A,5A,6,9,10A.Plot No.9East -West 60 feet,North- South 30 feet,i.e., 1800 sqr. ft., or 167.22 sq. mtrs.,Plot No.10East- West 60 feet,North- South 30 feet,i.e., 1800 sqr. ft., or 167.22 sq. mtrs.,Plot No.11East West Northernside 34.5 feet, Southern side 30 feet,North South Western side 68 feet Eastern side 57 feet,i.e 2015.625 sqr. ft., or 187.26 sq. mtrs.,Plot No.12East -West Northernside 33 feet, Southern side 30 feet,North South Western side 80 feet Eastern side 68 feet,i.e 2331 sqr. ft., or 216.55 sq. mtrs.Total Extent 7946.625 Sqr.feet.
Additional Details
All the piece and parcel of land and building situated in Tindivanam R. D. Mailam S.R.D., within the limits of Kolliyangunam Village Panchayat of Mailam Panchayat Union, the layout in the name of Shriradi Saibaba Nagar, the vacant Plot Nos.9,10,11&12 comprised in New Survey Nos.29/3,4,5,6,7,9,10,12 & 24/2,3,4A,5A,6,9,10A.Plot No.9East -West 60 feet,North- South 30 feet,i.e., 1800 sqr. ft., or 167.22 sq. mtrs.,Boundaries:To the west of Vacant Land,To the East of 20 feet Murugesan Street,To the North of Plot No.8,To the South of Plot No.10.Plot No.10East- West 60 feet,North- South 30 feet,i.e., 1800 sqr. ft., or 167.22 sq. mtrs.,Boundaries:To the west of Vacant Land,To the East of 20 feet Murugesan Street,To the North of Plot No.9,To the South of Plot No.11,12.Plot No.11East West Northernside 34.5 feet, Southern side 30 feet,North South Western side 68 feet Eastern side 57 feet,i.e 2015.625 sqr. ft., or 187.26 sq. mtrs.,Boundaries:To the west of Vacant Land,To the East of Plot No.12,To the North of Plot No.10,To the South of Mailam-Puducherry Main Road.Plot No.12East -West Northernside 33 feet, Southern side 30 feet,North South Western side 80 feet Eastern side 68 feet,i.e 2331 sqr. ft., or 216.55 sq. mtrs.,Boundaries:To the west of Plot No.11,To the East of 20 feet wide Murugesan Street,To the North of Plot No.10,To the South of Mailam-Puducherry Main Road.Total Extent 7946.625 Sqr.feet.
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.