Apartments/Flat for sale in New Delhi, New Delhi, Delhi
Asset Details
Reserve Price:
Date of E-Auction: 27/Dec/2024 11:00 
Assets Code: BOA-EB-48748
Ownership Type: Freehold 
Status of Possession: Physical
Carpet Area: None
Builtup Area: NA
Address
Flat Bearing No. D-11/S-1, On Second Floor Back Side Situated At Dilshad Extn. O. 1, Now Known As Dilshad Colony, In The Area Of Village Jhilmil Tahirpur, Illaqa Shahdara, Delhi-110095
Additional Details
One Built-Up Flat Bearing No. D-11/S-1, On Second Floor Back Side, Upto Ceiling Level Only, Area Measuring 160 Sq. Yds., I.E. 133.78 Sq. mtrs., Under H.I.Q. Category, One Dwelling Unit As Is Where Is, With The Common Rights Of Stairs, Passage & Other Common Facilities, Built On Above Said Plot No. D-11, Out Of Krasra No. 1076/5/2/424, Situated At Dilshad Extn. O. 1, Now Known As Dilshad Colony, In The Area Of Village Jhilmil Tahirpur, Illaqa Shahdara, Delhi-110095.
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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.
