Ø
Pay 10% EMD of Reserve Price and Submit KYC. (
For meaning of EMD & Reserve Price go through Auctionvala.com’s FAQ Page)
Ø
Successful Bidder must be required to pay 25% of
the Total amount Offered (including the amount of EMD) immediately i.e. on the
same day or not after next working day Otherwise Bank/ NBFC/ ARC will forfeit
the deposited amount.
Ø
Submit the Bid Form with EMD Payment Proof.
Ø
Active E-Mail ID and Mobile Number.
This is a clear and helpful guide to understanding the general terms and conditions of property auctions. Knowing the requirements in advance ensures a smooth bidding process. For more insights and listings, foreclosureindia is a great resource.
ReplyDelete