Advantages of buying properties through Bank Auction

PRICE ADVANTAGE

Bank auction properties are available at a value that is 20-25% lower than the market value.

LEGALLY SAFE

The bank auctions are conducted within the SARFAESI Act and the DRT Act's guidelines. The bank's or financial institution's loan approvals are subject to verification of all legal aspects.

CREDIBILITY OF SELLER

The Government of India has authorised banks and financial institutions, so purchasing such properties is risk-free.

A SIMPLE PROCESS

The purchaser will be relieved of the burden of going over the legal responsibilities of the property.

TRANSPARENCY

100% transparent and completely secure transaction.

TIME FRAME

A property's registration usually takes two months.