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BANK AUCTION PROPERTY
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Godrej Properties buys 23-acre land in Greater Noida for Rs 500 cr to build homesGodrej Properties will develop a group housing project on the land parcel, "which is expected to offer an estimated revenue potential of ov...
- 25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
- Hidden risks in mortgaged properties: Essential due diligence steps for safe buyingA Supreme Court ruling in 2025 favored a land buyer who was defrauded by a seller concealing an existing mortgage. The court affirmed that ...
- Russian bank, PSUs help NBCC generate Rs 5,779 cr from office tower sale in south DelhiRussia's Sberbank has acquired two office towers in South Delhi for approximately Rs 2,000 crore. NBCC sold these towers as part of a large...
- Buyer of bank auctioned property discovers massive unpaid bills, files case against bank but gets no relief in HC; lessons for buyersA homebuyer lost a case in the Allahabad High Court after discovering unpaid water and RWA maintenance bills on a property bought via bank ...
- Buyer of auctioned property to get Rs 2 crore refund as bank failed to disclose the pending legal dispute; Telangana High Court orderA property buyer has won a case in the Telangana High Court and will receive a full refund of Rs 2 crore. The bank failed to fully disclose...
- Sebi to auction 30 properties of Rose Valley group worth Rs 409 crore in JuneMarkets regulator Sebi on Thursday said it will auction 30 properties of Rose Valley group of companies on June 27 at a reserve price of Rs...
- Sebi to auction 22 properties of Rose Valley Group on May 20 to recover investors' moneyA committee would oversee sale of the assets and the money will be utilized for repaying the investors. The committee was formed following ...
- Is it safe to buy auction property? Six things a buyer need to keep in mindAn individual can buy a auction property (also known as distressed property) from a bank. The property will be auctioned and sold to the hi...
- Public Sector Banks plan app for e-auctioning 500k propertiesState-run banks will set up an e-auction app to dispose of about 500,000 properties over the next five years. "Our target is that in the ne...
- State Bank of India conducts mega e-auctions of 1,000 propertiesBank officials said these were small retail and industrial properties whose owners were defaulting and which the SBI was selling through au...
- You can buy property at up to 30% discount in auctions: Here's how to do itProperty sold through auctions is cheaper than the prevailing market rate. ET Wealth tells you how to go about it.
- Should you buy distressed property if offered at a good price?Once you've made up your mind, there are two ways you can buy distressed property — via a bank auction or directly from the seller.
- SBI to e-auction distressed properties every quarter nowThe maiden attempt by SBI, which has been fighting a long battle to contain bad loans, to dispose of distressed properties through an e-auc...
- Should you purchase a foreclosed property?The bank that forecloses a property sets a 'reserve price' while auctioning it. This is based on the price at which the property was bought.
- 'E-auction properties hypothecated to banks'The bench said the need of the hour was to adopt new technologies in functioning of various authorities and entities in the country.
- Advantages of buying property through bank auctionsThe auction will be conducted in the conventional way, usually at the bank's premises. Nowadays, online auctions are also gaining popularit...
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