Properties E-auction: Now Get a Property at Cheaper Price_ Exclusively Through PNB and SBI

Property Auctions: These auctions allow buyers to obtain real estate at a price below market value. SBI, PNB auctions off items from people who default on their loans. You must register to participate in this contest. Then you can bet on real estate in your home.

Land Auctions: There are great opportunities to buy quality real estate at low prices. State Bank of India (SBI) and National Bank of Punjab (PNB), India's first and second-largest banks, will auction real estate and businesses.

PNB: Ways to get affordable housingPNB: Ways to get affordable housing

The Punjab Kookmin Bank e-auction (PNB e-auction) will start on December 29, and information has been provided via a tweet.

PNB said in a tweet that detailed information on the behaviour can be found at https://ibapi.in/.

SBI auction of December 30-

In the past, the SBI has also provided information on various types of real estate competition. SBI provided information about the contest in a tweet. According to the tweet, the contest will take place on Wednesday, December 30. The bank also reported this through advertisements in other newspapers. The goods offered by SBI e-Auction include all types of real estate, real estate, commercial and commercial properties.

Bidding can be done this way-

This contest is online only. To bid on this digital bet, you must first register. You must register as a member with your mobile phone number and email address. Next, you need to submit your information to KYC. After the review is completed, the online staff will be connected, then you can bet online. 

This property will be auctioned.

In practice, banking competition holds assets that cannot repay loans, i.e. non-performing assets. These items are sometimes auctioned off by the bank. As this process is still ongoing, the Bank of India Real Estate Auction Information Portal (IBAPI) (https://ibapi.in/) has been established to represent the association of the Bank of India. He profits here when the bank goes through the auction process. It is a sharing platform.

Properties up to be auctioned;

According to the data provided by the IBAPI portal, 3747 residential products, 958 industrial products, 532 industrial products, 8 agricultural products and 30 agricultural products are available throughout the state. Auctions of this product were held in 12 banks.