Apartments/Flat for sale in Chittoor, Chittoor, Andhra Pradesh
Asset Details
Address
Schedule A: Chittoor District- Chittoor Sub district- Chittoor mandal-,Chittor municipality - No 76, Kattamanchi village accounts- reddy street- S. No 221/1 in this vacant land bearing MC Door.No: 1-497, 1-498 and 1-499
Additional Details
Schedule A: Chittoor District- Chittoor Sub district- Chittoor mandal-,Chittor municipality - No 76, Kattamanchi village accounts- reddy street- S. No 221/1 in this vacant land bearing MC Door.No: 1-497, 1-498 and 1-499Schedule B: Out of total extent of 10713 Sq. ft described above Schedule “A” an undivided 300sq. ft with common rights with all amenities like compound wall, bore well, motor sump, bore well, service connection, overhead tanks, gates and one car parking in stilt floor Schedule C: All that portion of the building or framed structures of Residential flat situated in fifth floor bearing flat no 504 admeasuring 1022 Sq. Ft at KATTAMANCHI TOWERS constructed in the A schedule site.
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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.