Independent/Row House for sale in Patna, Patna, Bihar
Asset Details
Address
All part and parcel of Land along with present & future construction thereon measuring an area of 900 sqft situated at Mauza- Phulwari, Mohalla- Ranipur, Pargana and P.S.- Phulwari bearing Thana No- 35, Tauzi No- 5166, Khata No- 204, Khesra Survey Plot No-3799 within the jurisdiction of District Registration Office, Patna and Sub Registration Office- Patna and Sub Registration Office- Phulwari
Additional Details
None
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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.