Independent/Row House for sale in Agra, Agra, Uttar Pradesh
Asset Details
Reserve Price:
Date of E-Auction: 26/Dec/2024 10:00 
Assets Code: BOA-EB-29554
Ownership Type: Freehold 
Status of Possession: Symbolic
Carpet Area: None
Builtup Area: NA
Address
EQM of Residential property Situated at Plot no 50 Municipal No 43/DN/P-50,Deep Nagar,Mauza Bodla tehsil & Distt Agra,Vide Registered title Deed on 06.10.2009 in Bahi no 1,Zild No 6497 on pages 231 TO 254 at Sr no 8244 with sub registrar II Agra Area-173.90 SQM,Owners-Sh Vijendra Singh Tyagi
Additional Details
EQM of Residential property Situated at Plot no 50 Municipal No 43/DN/P-50,Deep Nagar,Mauza Bodla tehsil & Distt Agra,Vide Registered title Deed on 06.10.2009 in Bahi no 1,Zild No 6497 on pages 231 TO 254 at Sr no 8244 with sub registrar II Agra Area-173.90 SQM,Owners-Sh Vijendra Singh Tyagi
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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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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.
