Apartments/Flat for sale in Awalpur, Chandrapur, Maharashtra
Asset Details
Address
All pieces and parcel of property bearing Layout Plot No.11 (Part) out of diverted Survey No.32/1, Property No. 1436, having Total Adm. 297.85 Sq Mtrs situated at Mouza Korpana, District – Chandrapur and is bounded as under:-On the North : Land of Shri. Jagan DharankarOn the East : Remaining Land of Plot No.11On the West : Layout Plot No.12 & 13On the South : Remaining Land of Plot No.11 Owned by Nitin Nibrad
Additional Details
None
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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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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.