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Links: Sbi: sbi.auctiontiger.net
ibapi.in
https://www.bankeauctions.com
You can come to know about auction properties by
Newspaper Ads by Bank.
Online portals.
I personally feel, it is easier to watch/Check Online portals, as we can filter the auction list by State/ Budget/ Type of Property.
Apart from the above sites, we can refer each bank website and refer the auction properties listed by that individual bank.
A brief process flow will be as follows:
1. Go through auction cum sale notice publications of various banks
2. Shortlist properties you are interested
3. Inspect the properties on schedule date of inspection
4. Check documents of Properties with Authorised officer of Bank
5. Finalize the property
6. Obtain tender forms from website of bank or E auction portal as mentioned in sale notice publication
7. Fill up the tender form , submit KYC, Earnest money deposit transfer to bank or DD of EMD Amount to be submitted to bank
8. Obtain digital signature as mentioned in terms and conditions of sale notice publications
9. Obtain login ID and password from e auction portal as mentioned in sale notice publications
10. Online bidding training / E auction bid submission training will be given by E Auction portal or auction service provider
11. Place your online bid in E auction within defined timelines
12. After the auction is over wait for sale confirmation from Authorised officer of Bank
13. Post confirmation complete the process and deposit payments as per bid confirmation letter issued by bank
14. Collect sale certificate from bank
15. Get the property registered
16. Collect original Property docs from Bank
17. Take possession of property
Hai sir one person bank acution lo house konnadu aanna aatanu eappudu sale ceastnnadu nenu teasukomdam aanukumtunna leagel ga aala chech cheayale sir
Can we get those over emi?
I want full video and how to give complaint tollagate owner
Nice video bro πβ€
Ravadam ledhu bro
It's feck
β€β€β€ please call me β€β€β€ππ
Bro site not reached ani vasthundhii
Bro legal issues emina untaya previous owner nundi, what are the things we should check before bid. Please do one full video.
Bro gold..kudha auction lo pedthara
Super Informative video
Hi bro,
As per the 3rd point what's needs to be inspect of property, please explain , I hope documents are fine due those papers are already processed by bank. Please explain with one video for property wise, like
If we intrested in land/flat/vehicle.
Each one have a individual prospectives and explain that is it fine to take property under sarfesi act
Actually your voice is good bro. You can Dubb
Very useful info. Thank you
Hi, I wanted to about the cibil, how it works and why it is managing our data as we never connected with cibil nad also how cibil score is updating (I know from financial institutions) but financial institutions also can cheat right
Ne voice bagundhi anna nvu chepe padhathi baundhi
Your voice is super bro βΊοΈ
Arey babu, banks dagara anni properties unna nduku dispose cheyalakpothunai mari, chepta vinu, bank auction at market price, so buyer market rate meeda stamp duty katali which will be 3 times more than the actual stamp duty, and they have to show everything in white Money.
Super brother
Chala litigation untai owners vacant cheyaru, cheyakapthe manaki property radhu so beware
Superb content bro
Its not easy. Everything white money. After you win the bid, you also entitled to pay 1% GST and also registration on the winning bid value. If your property worth more than 50lakhs, u will attract Income Tax audits frequently and you will be on their radar forever. Most of the times, all good properties get closed within circles of bank managers. Talk to lawyer and CA before you try this way.
But don't invest in this kind of property, courts will give judgement in favour of owners in a legal fight. Banks will try to get there money back from you and will be trapped.
Bro same bank lo gold auction gurinchi video do it please π
I locked from past 5 years in this way
Don't buy vehicles form auction, good and worth vehicles are taken by Bank employees/ car dealers Worst is kept for auction
Bro how to buy gold from Auction plz share video