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
August 21, 2023: The Bank of Baroda (BoB) has withdrawn the auction notice issued to actor Sunny Deol for recovering Rs 56 crore dues for Sunny Villa located at Gandhigram Road, Juhu. Citing technical … READ FULL STORY
June 2, 2023: The Securities and Exchange Board of India (Sebi) on June 1, 2023, announced the auction of 17 properties belonging to seven business groups on June 28 to recover investors’ money. … READ FULL STORY
Real estate developer Unitech on October 27, 2021, appointed Ashok Kumar Yadav as its chief executive officer (CEO). The decision to appoint Yadav, a retired IAS officer of Haryana Cadre, was taken after a … READ FULL STORY
Amid the possibility of large-scale defaults by home owners and builders, in the backdrop of the Coronavirus crisis, financial institutions could be forced to repossess properties and sell them in the open market, to … READ FULL STORY
