Apartments/Flat for sale in Thiruvarur, Tiruvarur, Tamil Nadu
Asset Details
Reserve Price:
Date of E-Auction: 28/Jan/2025 01:00 
Assets Code: BOA-EB-356459
Ownership Type: Freehold 
Status of Possession: Physical
Carpet Area (Sq feet): None
Builtup Area (Sq feet): NA
Address
Residential Plot at Survey No. 42 BY 2, having an area of 1350 Sq. Mtr, ananallur Village, Nannilam Town Panchayat, Nannilam Tk,Thiruvarur
Additional Details
All those piece and parcel of Free hold Residential Plot at Survey No. 42/2, having an area of 14531.26 Sq.Ft. (1350 Sq. Mtr) Sananallur Village, Nannilam Town Panchayat, Nannilam Taluk, Thiruvarur District, Sub Registration District Nannilam Mayiladuthirai Registration District ,Bounded as follows : North by : Mudikondan River, South by : Layan Karai, East by : Burial plot, West by :Ilias Vahayara Manai
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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)
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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.
