Independent/Row House for sale in Vijayawada, NTR, Andhra Pradesh
Asset Details
Reserve Price:
Date of E-Auction: 27/Jan/2025 10:00 
Assets Code: BOA-EB-278319
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area (Sq feet): 791.00
Builtup Area (Sq feet): NA
Address
All the part and parcel of property of situated at R.S.No : 55/4, Near D No. 3-40, Bandarugudem Village & Gram Panchayat, Bapulapadu Mandal, Krishna District, Andhra Pradesh admeasuring to an extent of 435.60 Sq. Yds or 365.904 Sq. meters as per document and as per SARFAESI Valuation and plan, the extent of Site is 363.21 Sq.yards (excluding Road widening area) in which Residential building with finished ground floor and Semi-finished first floor with plinth area on each floor to an extent of 635 Sq. fts as per plan and 791 Sq.fts as per actual in the name of Mrs. Kokkeragadda Sravanthi.Boundaries of the Property: East: Site of Barre Ranga RaoSouth: Site of Barre Chakradhara RaoWest: Panchayat BazarNorth: Panchayat Bazar
Additional Details
Residential building with finished ground floor and Semi-finished first floor
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Seller’s Reserve Price
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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.
