Apartments/Flat for sale in Pale, North Goa, Goa
Asset Details
Address
Flat No. 101, bearing Municipal House Registration No. 5/192/101, Kulsum Residency, standing on the amalgamated plots viz, Plot nos. 19 and 20, together admeasuring 520 sq mtrs , or thereabouts, both situated adjacent to each other and forming part of the larger property known as " DOBDOBEACHEM MOL" also known as " NANUS" or "NAIKWADO", admeasuring 39712.00 sq mtrs , or thereabouts, situated at Village Nanus, within the local limits of the Valpoi Municipal Council, Taluka and Registration and Sub-District of Sattari, District of North Goa, in the State of Goa.
Additional Details
Flat No. 101, First Floor, Kulsum Residency, Village Nanus, Valpoi, Sattari, Nort Goa, Goa-403506
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Insights
Seller’s Reserve Price
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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.