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Depends on the bank to bank.Some banks do registration as per customer convenient dates and some banks do registration as per their convenient date of the banks.Usually registration of property takes 1 month if everything goes fine,but may take longer 1 year or more some times registration of property will...
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Admin comments:From your comments it is understood that new to car auctionPlease find the detailed car auction procedure.1.First download the bank notice PDF file from the website.2. PDF file contains information of the bank concerned contact number for the car auction ,please call the bank person for the information.3. Bank...
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It is advised not buy the auction property for which the physical copy of sale deed not present at the bank or DRT.Purchased the auction property for which the physical sale deed not present at the bank.Consequences1.You will need to wait long time it may varies from 1 month to...
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Reserve Price is the base price for the auction property below which the property will not be sold.It is starting price from which auction begins
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The bid increment is the amount by which the current high bid is raised each time someone places a higher bid
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Auctions Auto extension gives you the ability to automatically extend the auctions end time by X seconds, if someone bids in the last Y seconds of the auctions duration.Example:unlimited extension of ‘05’minutes i.e., the end time of e-auction will be extended by 05 minutes each time if bid is made within the last...
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Earnest Money Deposit is the 10% of the Reserve PriceExample:10 Lakhs property EMD will be 1 Lakh
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