Apartments/Flat for sale in Akola, Akola, Maharashtra
Asset Details
Reserve Price:
Date of E-Auction: 09/Jan/2025 12:00 
Assets Code: BOA-EB-58115
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area (Sq feet): 800.00
Builtup Area (Sq feet): NA
Address
All that piece and parcel of property situated at Flat No. 101, 1st Floor, Puspa Aradhya Residency, Santosh Nagar, Kothari Vatika, Near Ganesh Mandir, Akola. On layout Plot No.10, Sr. No.06, Mouze-Kahadki admeasuring built up Area 800 sq Fts. along with undivided share of land standing in the name of Mr. Harsad M Mashinkar & Mr. Jayesh M Mashinkar.The property is bounded as under:East: Flat No.103West: Layout Road North: Flat No.102South: 3mt pathway
Additional Details
All that piece and parcel of property situated at Flat No. 101, 1st Floor, Puspa Aradhya Residency, Santosh Nagar, Kothari Vatika, Near Ganesh Mandir, Akola. On layout Plot No.10, Sr. No.06, Mouze-Kahadki admeasuring built up Area 800 sq Fts. along with undivided share of land standing in the name of Mr. Harsad M Mashinkar & Mr. Jayesh M Mashinkar.The property is bounded as under:East: Flat No.103West: Layout Road North: Flat No.102South: 3mt pathway
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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.
