If You in the time to come Cheap If you are thinking of buying a house, shop or plots then the right time has come. State Bank of India (SBI), the largest bank in the country, has come up with an opportunity for you to buy a cheap house, shop and plots. The bank is going to auction off its properties soon. Learn how you can take advantage of this opportunity.
The attached property will be auctioned off
SBI is going to hold a mega e-auction on September 30. More than 1000 properties will be put up for auction in this auction. These include open plots, residential, industrial and commercial properties. These are mortgaged assets of people who have failed to repay bank loans. SBI will now auction these properties to recover its dues. The bank has given this information on its Twitter handle.
According to the details on SBI’s website, the bank will auction the immovable property attached by the mortgage / court order. The auction is conducted with utmost transparency. The bank puts forward all the relevant details, which makes the property attractive to bidders. The bank also said that it provides other information in the public notice for auction, including whether the property is freehold or leased, its size, location, etc.
You can contact any of the nearest branches of SBI for information related to the auction. Contact person from SBI will be available there. In e-auction, the buyer of the property can get any information about the process of the person and the related property. Also can inspect the property.
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