This is not the document you are looking for? Use the search form below to find more!

Report home > Others

BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA.

0.00 (0 votes)
Document Description
Banks, Debt Recovery Tribunals, State Finance corporations and Asset Reconstruction companies are auctioning their Non performing assets, i.e housing properties, commercial properties and Industrial properties under DRT act 1993 and SARFAESI act 2002. Bank Auction sale of such properties are increasing in India.
File Details
Submitter
Embed Code:

Add New Comment




Related Documents

Why Dedicated Servers are Preferred in India

by: netmagicsolutions, 1 pages

Web hosting done in India through dedicated servers have been beneficial for online commerce amidst numerous web owners operating huge resource based portals.

Having an outlook of the chemical companies in India

by: universaloilfield, 2 pages

India has seen some tremendous progress in many areas and chemicals has not been an exception. Chemical companies in India have flourished with government support and due to slashing for the tariffs. ...

Low Cost Kidney Stone Treatment in India

by: treatmentassistance, 23 pages

Treatment Assistance has a wide network of state-of-the-art urology hospitals in India that comes equipped with latest and advanced technology which is at par with the best urology centers in the ...

Services Of Colocation Hosting Solutions In India

by: netmagicsolutions, 2 pages

In the recent times, collocation is a technological advancement that has been helping businesses setting up servers in a huge, well-connected data center for the businesses to have access to ...

10074148 Learn About Indian Stock Market How Shares Are Traded In India For Nris Ocis And Pios

by: harumi, 2 pages

10074148 Learn About Indian Stock Market How Shares Are Traded In India For Nris Ocis And Pios

Patterns of public health expenditure in India: Analysis of state and central health budgets in pre and post National Rural Health Mission period - Gautam Chakraborty

by: tetsuo, 20 pages

Patterns of Public Health Expenditures in India : Analysis of State and Central Health Budgets in pre and post-NRHM period Gautam Chakraborty (Advisor – Healthcare Financing) Arun B Nair ...

Manufacturers of Indian Agricultural Products in India

by: Titan Media, 2 pages

Titan Media Ltd. is a manufacturers of Indian agricultural products in India. They offer a wide range of agricultural products which is widely in demand in the market. For more details please visit ...

The Political Economy of Recent Economic Growth in India

by: samanta, 22 pages

The political economy of India's economic growth is an issue of abiding interest. Higher and sustained economic growth has, all over the world, been the surest and most time tested means of raising ...

Get Very Low Cost of Domain Registration Services In India

by: allianceweb, 1 pages

India Internets is a web technology solution based in India provides domain registration services at very discount prices. We are one of the best web providers company in India, we have best web ...

Benefits of dedicated hosting services in India

by: netmagicsolutions, 1 pages

Dedicated hosting services in India are generally apt for organizations aiming to host dedicated mail servers, dedicated web servers, database servers, dedicated applications, live streaming, ...

Content Preview
BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA.
Banks, Debt Recovery Tribunals, State Finance corporations and Asset
Reconstruction companies are auctioning their Non performing assets, i.e
housing properties, commercial properties and Industrial properties under DRT
act 1993 and SARFAESI act 2002. Bank Auction sale of such properties are
increasing in India.
The Debt Recovery Tribunals have been established by the Government of
India under an Act of Parliament (Act 51 of 1993) for expeditious adjudication
and recovery of debts due to banks and financial institutions and they are
auctioning some properties. Subsequently With an aim to provide a structured
platform to the Banking sector for managing its mounting NPA stocks and keep
pace with international financial institutions, the Securitisation and
Reconstruction of Financial Assets and Enforcement of Security Interest
(SARFAESI) Act 2002 was put in place to al ow banks and Financial Institutions
(FIs) to take possession of securities and sel them. Various Banks, State
Financial corporations , and Asset Reconstruction companies are auctioning their
Non performing assets, i.e housing properties, commercial properties and
Industrial properties under SARFAESI act 2002.
Ours is a Internet portal publishing al the Bank auction property listings
since December 2009 and we are the only one providing such information
pertaining to 32 major cities in India. We are committed to create awareness
among general public about the Bank auction procedures and to generate vibrant
market for Bank auction properties in India. The details of the possession /
Auction properties published in our internet portal for the last 15 months in 32
cities are given bellow.
For More Details Visit us @ http://www.foreclosureindia.com/

FORECLOSUREINDIA.COM
( A unit of M/s 4 CLOSURE, Plot No.20, Mothinagar, Hyderabad.)
No of properties for Auction /
Possessions.
Total
Name of the city
State
listings
First
Second Third
Fourth
First
From
Quarter Quarter Quarter Quarter Quarter Jan
Jan-

April-
July-
Oct
Jan-
2010 -
March
June
Sept
-Dec
March
March
2010
2010
2010
2010
2011
2011
Delhi.
DELHI
742
449
622
508
625
2946
KARNATAKA
Bangalore

2770
1602
1703
1783
1276
9134
Mumbai
MAHARASHTRA
2344
928
1078
870
598
5818
TAMIL NADU
Chennai

331
147
398
389
291
1556
ANDHRA
Hyderabad,
PRADESH
1569
790
858
989
1022
5228
WEST BENGAL
Kolkata

873
637
993
1063
859
4425
MAHARASHTR
Pune
A
188
37
216
270
162
873
Chandigarh
CHANDIGARH
960
457
392
409
355
2573
Jaipur
RAJASTHAN
49
36
75
212
59
431
UTTAR
Lucknow,
PRADESH
45
130
185
148
191
699
Ludhiana
PUNJAB
601
470
531
607
498
2707
Ahmedabad
GUJARAT
222
56
82
90
73
523
Goa
GOA
32
25
47
28
36
168
MADHYA
Indore
PRADESH
309
170
211
205
92
987
Nagpur
MAHARASHTRA
120
30
109
137
71
467
Nashik
MAHARASHTRA
346
127
186
91
65
815
Surat
GUJARAT
195
76
162
104
98
635
Vadodara
GUJARAT
191
49
72
75
65
452
Bhubaneshwar
ORISSA
241
207
346
430
266
1490
Coimbatore
TAMIL NADU
289
223
240
359
251
1362
Kochi
KERALA
228
163
184
249
193
1017
Mangalore
KARNATAKA
197
183
152
183
147
862

Mysore
KARNATAKA
213
132
206
223
167
941
Thiruvananthapura
m
KERALA
521
307
331
296
219
1674
ANDHRA
Vijayawada
PRADESH
455
143
164
464
485
1711
ANDHRA
Vizag
PRADESH
387
223
281
419
284
1594
Patna
Bihar



7
7
Madurai
TAMIL NADU




13
13
Total no of properties under
possessions / Auction by Banks &
financial institutions across 28 cities in
India.
14418
7797
9824
10608
8461
51108

Download
BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA.

 

 

Your download will begin in a moment.
If it doesn't, click here to try again.

Share BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA. to:

Insert your wordpress URL:

example:

http://myblog.wordpress.com/
or
http://myblog.com/

Share BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA. as:

From:

To:

Share BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA..

Enter two words as shown below. If you cannot read the words, click the refresh icon.

loading

Share BANK AUCTION SALE OF PROPERTIES ARE INCREASING IN INDIA. as:

Copy html code above and paste to your web page.

loading