Unlike unsecured loans, home loans are secured loans, which means the property is used as collateral or security against the loan amount. When a borrower defaults on the loan repayment, the bank has the … READ FULL STORY
July 12, 2024: The Securities and Exchange Board of India (Sebi) plans to auction eight properties belonging to HBN Dairies & Allied next month, with a reserve price set at Rs 67.7 crore. This … READ FULL STORY
June 11, 2024: The Securities and Exchange Board of India (Sebi) announced on June 10, 2024, that it will auction 22 properties from seven companies on July 8 to recover funds illegally collected from … READ FULL STORY
One of the biggest mantras for buying a house is due diligence. While this holds for all types of properties, extra care should be taken for certain types of property purchases, such as under-construction, … READ FULL STORY
April 16, 2024: The Securities and Exchange Board of India (Sebi) on April 15, 2024, announced the auction of 22 properties owned by Rose Valley Group. Scheduled for May 20, the auction aims to … READ FULL STORY
February 08, 2024: The Bangalore Development Authority (BDA) announces e-auction of 101 developed sites. The earnest money deposit is fixed at Rs 4 lakh. The base price is between Rs 60,000 per sqm to … READ FULL STORY
Bank auction properties, also known as foreclosure properties or distressed assets, have gained significant attention in the real estate market. These properties are typically repossessed by banks or financial institutions due to non-payment of … READ FULL STORY
January 12, 2024: In a significant move to recover funds illegitimately collected from investors, the Securities and Exchange Board of India (Sebi) on January 11, 2024, declared the auction of 30 properties belonging to … READ FULL STORY
A property can be sold through a sale agreement where the seller sets the price, and the buyer negotiates to get the best deal. There is also the process of auctions wherein potential buyers … READ FULL STORY
December 20, 2023: The Pune Municipal Corporation (PMC) plans to auction 50 out of the 200 commercial properties seized for non-payment of property tax. The taxation and tax collection department initiated the assessment process … READ FULL STORY
Buying a property is one of the biggest dreams most people have. While you can simply scout through many options based on location, price, and other added advantages and buy a house. However, there … READ FULL STORY
The Pune Municipal Corporation (PMC) has decided to auction the properties of owners who have been avoiding paying their property tax arrears. In the first phase beginning in October 2023, PMC will auction 200 … READ FULL STORY
If a buyer takes a loan from a financial lending institution such as a bank and fails to repay it within the deadline, he may be in trouble. While the financial institution may extend … READ FULL STORY
