eAuctionsIndia.com is India's leading online advertisement portal for e-auctions, providing comprehensive access to bank property auctions across the country. This platform consolidates information on e-auction properties from over 80 public and private sector banks, NCLT, and various financial institutions.
E Auction India offers a one-stop destination for buyers and investors to discover a wide range of non-performing and stressed assets. The listings include residential properties such as flats, independent houses, and open plots, as well as commercial properties, industrial land and buildings, shops, vehicles, plant and machinery, agricultural and non-agricultural land, and even gold auctions.
By gathering all these details in one place, eAuctionsIndia simplifies the process of finding and participating in property e-auctions, making it easier for buyers and investors to identify valuable opportunities.
Bank auction properties are available at a value that is 20-25% lower than the market value.
Bank auctions are conducted following the guidelines set forth by the SARFAESI Act and the DRT Act. The approval of loans by banks or financial institutions is contingent upon the thorough verification of all legal aspects.
The Government of India has authorised banks and financial institutions, so purchasing such properties is risk-free.
The purchaser will be relieved of the burden of going over the legal responsibilities of the property.
100% transparent and completely secure transaction.
A property's registration usually takes two months.