There is an opportunity to buy properties, attached/seized by the Banks and are being e-auctioned or auctioned by the Banks.
Buyers are required to obtain diligent title or opinion on the properties, check with the chartered engineers about the quality and above all, check the compliance to the prevailing laws.
Bank Sanction of loans or approval or properties attached may or may not have good titles and irregularities are noticed in innumerable cases.
The buyers MUST NOT BE UNDER THE OPINION OR FEELING OR CONCEPT that the bank attached and auctioned properties have good title and compliance, therefore, it is strongly advised to obtain the legal opinion.