Which Points / Documents to be Check / taken in consideration while buying property from Auction?

 

How many Amount Outstanding in 

- Electricity Bill, 

- Tax Bill, 

- Gas Bill, 

- Society Maintenance

- Any other Case in Revenue Record and

- DRT ( Debt Recovery Tribunal ) Court etc...

Benefits of Buying Property from Auction.

 

Ø  Get at Cheapest or Reasonable Price of Property.

Ø  Legally More Safe to invest your money as compared to Local Market.

Ø  Seller (Banks/ NBFC/ ARC ) more Credibility is fixed So, No need to more worry.

Ø  Transparent in Transaction of Money via Bank Channel.

Ø  Time of Ownership is early as compare to general Transaction.

E-Auction Property Full Process – Suggested by www.auctionvala.com

 

Ø  Find out Best Auction Property from Listed on Auctionvala.com

Ø  Check Property Details and consult with your advocate too.

Ø  Do Physically Inspection of the Property.

Ø  If Property suits your need from aucionvala.com then Submit Bid Form.

Ø  Be Prepared Online Bidding and read all FAQ and Blogs of Auctionvala.com

Ø  On Auction Date if you are Highest Bidder then get Bid Letter/ Bid Confirmation Letter of Auctioned Property.

Ø  After Completion of your Total Payment get or Issued Sale Certificate from Authorized Officer.

Ø  Book Appointment with Authorized Officer to Register Sale Certificate in Sub-Registrar office and get also get Your Possession Letter.

What is e-Auction ?

 An auction is process of buying and selling movable and immovable property by offering them up for bids, taking bids, and then selling the property or any Movable or immovable assets to the highest bidder. Generally Auction held by various Banks, Financial Institutions, courts, public sector's or Private sectors etc..

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