Various banks, from time to time, provide investors an opportunity to invest their money in properties and estate that is sold at prices cheaper than the circle rate. If you’re planning to purchase a house or agricultural land, or residential, then there is good news for the investors.
Those Investors who are planning to put their wealth on properties will be now prepared to bid for residential properties at a value lower than market prices in the forthcoming mega auction of the Indian Overseas Bank (IOB). The state-owned bank is planning to auction several properties in its mega auction, IOB Mega E-Auction, which is planned for July 23, August 17 and September 15. You can grab this opportunity to invest your money accurately in your dream property.
During the time of auction days, investors can bid for several types of properties that were confiscated by the bank from defaulters. These properties include residential properties such as flats, houses and plots, commercial properties, and agricultural properties.
Here are some points that you should note before going for a property or bidding for a property: –
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