Apartments/Flat for sale in Aligarh, Aligarh, Uttar Pradesh
Asset Details
Reserve Price:
Date of E-Auction: 27/Jan/2025 11:00 
Assets Code: BOA-EB-304574
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area (Sq feet): None
Builtup Area (Sq feet): NA
Address
Residential Plot situated at Part of Khet No 177 ka Juj Bhag , at Village – Dev Saini (Gokuleshpuram), Pargana & Tehsil Koil, Distt:- Aligarh UP -202001
Additional Details
Area- 83.33 Sq Yards or 69.68 Sq MtrBoundaries:East :- Measurement 15 feet after Rasta 30 Feet Wide West :- Measurement 15 feet , after Plot of Rahul Chaudhary & Sondarya Singh, North : Measurement 50 feet after Plot Seller now Puneet Gupta - South :- Measurement 50 feet after ,after Plot Seller now Brajeshwar Varshney & Deepti Rani
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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)
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.
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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.
