Apartments/Flat for sale in Belagavi, Belagavi, Karnataka
Asset Details
Address
Residential Flat Bearing no F404 located on the first floor of the building known as "Sita Sadan" admeasuring 1178 Sq.ft carpet area constructed upon CTS No 311 situated at Roy road ,Tilakwadi Belgaum
Additional Details
All that piece and parcel of residential flat bearing no F404 located on the first floor of the building know as ’Sita Sadan ’ admeasuring 1178 Sq.ft carpet area constructed upon CTS No 311 together with undivided share in the land to the extent of 303Sq.ft in CTS No 311 admeasuring 796.82 Sq.Mtrs ,situated at Roy road ,Tilakwadi Belgaum coming within the jurisdiction of sub registrar Belagavi
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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.