Apartments/Flat for sale in Bengaluru, Bengaluru Urban, Karnataka
Asset Details
Address
ALL THE PIECE AND PARCEL OF 3BHK FLAT BEARING NO 212 HAVING E KHATA NO 7655/SF/212, HAVING SUPER BUILT UP AREA OF 1300 SQ FT ON THE SECOND FLOOR APARTMENT BUYILDING KNOWN AS DWARAKA NILAYAM SITUATED AT KAMMASANDRA VILLAGE ATTIBELE HOBLI ANEKAL TQ BANGALORE BOUNDED BY EAST :- LAND WITH SY NO 9/2,9/1WEST:- NALANORTH:- MAIN ROADSOUTH:- LAND WITH SY NO 8/12,9/1
Additional Details
ALL THE PIECE AND PARCEL OF 3BHK FLAT BEARING NO 212 HAVING E KHATA NO 7655/SF/212, HAVING SUPER BUILT UP AREA OF 1300 SQ FT ON THE SECOND FLOOR APARTMENT BUYILDING KNOWN AS DWARAKA NILAYAM SITUATED AT KAMMASANDRA VILLAGE ATTIBELE HOBLI ANEKAL TQ BANGALORE BOUNDED BY EAST :- LAND WITH SY NO 9/2,9/1WEST:- NALANORTH:- MAIN ROADSOUTH:- LAND WITH SY NO 8/12,9/1
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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)
The earnest money deposit (EMD) is the minimum amount paid by the buyer to the seller institution to confirm participation in the auction. If the bidder is unsuccessful, the EMD is refundable. However, it will be forfeited in the event of non-payment after winning the auction.
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Loan Availability
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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.