Apartments/Flat for sale in Zira, Ferozepur, Punjab
Asset Details
Reserve Price:
Date of E-Auction: 23/Dec/2024 12:00 
Assets Code: BOA-EB-38861
Ownership Type: Freehold 
Status of Possession: Physical
Carpet Area: 907.00
Builtup Area: NA
Address
mittal enclave , kot ise khan road zira -142047
Additional Details
B.Plot measuring 03 Marlas 02 Sarsahies being 29/954 share of land measuring 05 kanals 06 Marlas bearing Khewat no 1059, Khatauni No.1310, khasra No. 126M//25/2/1/4-5, 25/2/2/(1-1) , got ownership rights vide transfer deed dated 07.09-2016 which was registered vide Vasika no 1745 dated 07-09-2016 situated in residential area of Zira, Tehsil Zira vide Jamabandi for the years 2010-11 and bounded as under: NORTH: Property of BikramSOUTH: Property of BikramEAST: Property of PassageWEST: Property of Rajiv Kumar
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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.
