SBI To Float 4,774 Mortgaged Properties For E-Auction On December 30
The State Bank of India will start a virtual auction of 4,774 mortgaged properties on December 30. The mortgaged properties include 3,317 residential, 935 commercial, 513 industrial and nine agricultural properties. The SBI mega e-auction will provide buyers an opportunity to purchase properties at a lower price than that of the market rate. Banks auction mortgaged properties to recover dues from the loan defaulters.
Tags: SBI, e-Auction, Mortgage, Properties, Auction
Courtesy: Times Now
Sonu Sood Borrows a Loan of Rs 10 Crore To Help Poor & Needy; Mortgages 8 Property
Actor Sonu Sood raised a loan of Rs 10 crore after he mortgaged his eight Mumbai-based properties for the humanitarian aids. The mortgage was registered on November 24, which includes six flat and two shop, all in Juhu area of Mumbai. Earlier, the UNDP had honoured Sonu with SDG Special Humanitarian Action Award for helping the migrant labourers and needy during the pandemic.
Tags: Sonu Sood, Covid-19, Help, SDG Special Humanitarian Action Award, Mumbai, Juhu, Humanitarian Help, Mortgage
Courtesy: Hindustan Times