Benefits of buying auctioned properties
Cost Benefit
Bank auction properties are potentially 20-30% cheaper than the prevailing market price
Legitimate Assurance
The Bank Auctions are conducted within the SARFAESI Act and DRT Act's guidelines. The bank/financial institutions loan approvals are subject to verification of all legal aspects.
Credible Sellers
The bank/financial institutions are authorized by Govt. of India, hence it is safe to purchase such properties.
Hassle-Free Process
The buyer will have lesser burden of going through the legal liabilities of the property.
Transparency
100 % transparent transaction and absolutely secure.