The portal provides a platform for finding all the e-auction properties of all the Banks and Financial institutions across India. EauctionsIndia.com is one of the largest online advertising platforms that help property buyers get information on the property e-auctions of public sector banks, private sector banks, NCLT, and financial institutions.
Bank auction properties are available at a value that is 20-25% lower than the market value
he Bank Auctions are conducted within the SARFAESI Act and DRT Act's guidelines. The bank/financial institution's loan approvals are subject to verification of all legal aspects.
The bank/financial institutions are authorized by Govt. of India, hence it is safe to purchase such properties.
The buyer will have a lesser burden of going through the legal liabilities of the property.
100 % transparent transaction and absolutely secure.
Usually registration of property takes 1 month. Ownership will be transferred in one month.