Apartments/Flat for sale in Ahmedabad, Ahmedabad, Gujarat
Asset Details
Address
EQUITABLE MORTGAGE OF FLAT NO.24, ON SECOND FLOOR, IN BLOCK D, ADMEASURING 495 SQ FEET I.E. 46 SQ METERS CONSTRUCTED PROPERTY, TOGETHER WITH RIGHT TO USE COMMON AREAS, PASSAGE, AMENITIES AND FACILITIES ALONG WITH PROPORTIONATE UNDIVIDED OWNERSHIP RIGHTS, TITLE AND INTEREST IN LAND ADMEASURING 25.52 SQ METERS, IN THE SCHEME "SATEJ HOMES", CONSTRUCTED ON NON AGRICULTURAL LAND BEARING MOUJE VATVA SIM OLD EKTRIT SURVEY NO.1428/1 PAIKI NEW SURVEY NO.1428/1/2, TP SCHEME NO.128, FINAL PLOT NO.345/2 PAIKI SUB PLOT NO.1 ADMEASURING 7912 SQ METERS SITUATE BEING AND LYING AND MOUJE VATVA, TALUKA VATVA, IN THEREGISTRATION DISTRICT AHMEDABAD AND SUB-DISTRICT AHMEDABAD-11 (ASLALI)
Additional Details
EQUITABLE MORTGAGE OF FLAT NO.24, ON SECOND FLOOR, IN BLOCK D, ADMEASURING 495 SQ FEET I.E. 46 SQ METERS CONSTRUCTED PROPERTY, TOGETHER WITH RIGHT TO USE COMMON AREAS, PASSAGE, AMENITIES AND FACILITIES ALONG WITH PROPORTIONATE UNDIVIDED OWNERSHIP RIGHTS, TITLE AND INTEREST IN LAND ADMEASURING 25.52 SQ METERS, IN THE SCHEME "SATEJ HOMES", CONSTRUCTED ON NON AGRICULTURAL LAND BEARING MOUJE VATVA SIM OLD EKTRIT SURVEY NO.1428/1 PAIKI NEW SURVEY NO.1428/1/2, TP SCHEME NO.128, FINAL PLOT NO.345/2 PAIKI SUB PLOT NO.1 ADMEASURING 7912 SQ METERS SITUATE BEING AND LYING AND MOUJE VATVA, TALUKA VATVA, IN THEREGISTRATION DISTRICT AHMEDABAD AND SUB-DISTRICT AHMEDABAD-11 (ASLALI)
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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.