Bank auction properties are potentially 20-30% cheaper than the prevailing market price
The Bank Auctions are conducted within the SARFAESI Act and DRT Act's guidelines. The bank/financial institutions 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 lesser burden of going through the legal liabilities of the property.
100 % transparent transaction and absolutely secure.