Apartments/Flat for sale in Zira, Ferozepur, Punjab
Asset Details
Address
mittal enclave, kotise khan road , zira 142047
Additional Details
A.Plot measuring 03 Marlas being 3/106 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 05.10.2016 which was registered vide vasika no 2002 dated 05.10.2016 situated in residential area of Zira, Tehsil Zira vide Jamanbandi for the years 2010-11 bounded as Under : NORTH: Property of PassageSOUTH: Property of Major Singh etcEAST: Property of BikramWEST: Property of Kuldeep Kaur
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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.