Recently, it was discovered that one of the leading banks had placed advertisement to e-auction an apartment in Bangalore and the bidders thought that SINCE, IT IS A BANK ATTACHED PROPERTY AND THE TITLES WILL BE PERFECT, it is not so, the apartment was constructed on the BDA acquired land and the owners had misled … Continue reading BUYING A BANK ATTACHED OR SEIZED PROPERTY THROUGH PUBLIC OR E-AUCTION FROM THE BANKS OR OTHER FINANCIAL INSTITUTION – BEWARE AND BE CAREFUL
There are many apartments which are for resale, financed by Banks and marketed on internet and through agents. The buyers of properties are under MISCONCEPTION that the titles are good and there is no need to check the titles and buy it without proper and due diligent scrutiny. Some financial institutions, learning upon the defaulting … Continue reading Resale Apartments and Resale sites – is it safe? Maja Talkies apartment stories!!!