Apartments/Flat for sale in Eklahare, Nashik, Maharashtra
Asset Details
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Address
Flat No. 4, 2nd Floor having Built-up area adm. 1450.00 Sq. Fts., i.e. area adm. 134.76 Sq. Mtrs., including 1 Hall +Kitchen +2 Bedroom + 2 W.C., Bath + Parking in the building named as Bhagirathi Niwas, constructed on Survey No. 287/A/1A/18, Plot No 18 areas adm. 633.59 Sq. Mtrs., lying & being situated at village Nashik -2, Tal. & Dist. Nashik, within the limits of Nashik Municipal Corporation, NashIK
Additional Details
Registered Mortgage of All that piece & parcel of a residential unit bearing Flat No. 4, 2nd Floor having Built-up area adm. 1450.00 Sq. Fts., i.e. area adm. 134.76 Sq. Mtrs., including 1 Hall +Kitchen +2 Bedroom + 2 W.C., Bath + Parking in the building named as Bhagirathi Niwas, constructed on Survey No. 287/A/1A/18, Plot No 18 areas adm. 633.59 Sq. Mtrs., lying & being situated at village Nashik -2, Tal. & Dist. Nashik, within the limits of Nashik Municipal Corporation, Nashik Owned by – Shri. Salim Shabir Patel & Smt. Yasmin Salim PatelBoundaries -East – Stair Case of Building & Flat No:2West – Side MarginNorth – Side MarginSouth – Side Margin
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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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Loan Availability
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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.