₹ 93,00,000
Auction Id : #370678
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Auction Id : #370679
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Auction Id : #373099
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Auction Id : #369139
View More₹ 19,92,060
Auction Id : #375005
View More₹ 3,80,00,000
Auction Id : #375285
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Auction Id : #375287
View More₹ 15,31,000
Auction Id : #375288
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Auction Id : #368783
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In the past, the absence of streamlined data management in India posed a significant challenge, making it a rather unpalatable task. Certain online platforms did provide glimpses into Bank Auction Property information, although such access usually came at a price. Unfortunately, these online resources often suffered from infrequent updates.
Additional sources of information were scattered across the landscape. Newspapers occasionally displayed notices within bank branches, while community bulletin boards also carried tidbits of relevant data. Furthermore, for those keen on exploring further, the websites of asset reconstruction firms like ARCIL provided another avenue to peruse auction notifications.
Bank auction properties are available at a value that is 20-25% lower than the market value.
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.
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.