You must register on the bank's official e-auction portal, deposit the EMD before the cut-off, and place your bid on the auction date. Always verify the listing on the bank's website before bidding.
No. Reserve prices are starting bids. Final prices are decided through the auction process. Buyers should also account for stamp duty, registration, and any pending dues.
Bank auction properties offer a clear chain of title from the lender, but buyers must independently verify the legal status, possession, and any pending litigation before bidding.
