A bank auction property is a real estate asset repossessed by a bank or financial institution from a defaulting borrower and sold publicly under the SARFAESI Act to recover dues.
Yes - when proper legal and technical verification is done. We verify title, ownership chain, encumbrances, pending dueslitigation before any bid is placed.
Banks auction mortgaged properties when borrowers defaults on EMI's allowing the bank to recover the outstanding amount.
Sale deed, parent documents, mutation entries, encumbrance certificate, society NOC, approved plans, occupancy certificate, property tax reciepts and any pending litigations
We charge a transparent professional fee of 3% of the final successful bid value, covering the complete process from property selection to possession.
Yes, most major banks fund auction properties - often the auctioning bank itself. We assist with loan arrangement where eligible.
From property shortlisting to physical possession typically takes 60-120 days depending on the property and post-auction legal formalities.
Yes, we assist with sale certificate execution, registration & Physical Handover - including any legal action required to secure possession.