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How to buy a property at 30% discount?

There are a few risks in buying a bank auction property. Buyers should conduct a title check and verify the ownership status of the property. Banks do not become the owner of the property, hence, do not take responsibility for the same as well.
Further, the buyers are responsible for the payment of outstanding dues related to the bank auction property. These dues include municipal taxes, society charges, statutory dues, electricity bills, etc.
Finally, when buying a bank auction property, buyers need to deposit 10% to 15% of the total property value as a pre-bidding deposit. And if they win the bid and fail to pay the remaining amount, they also lose the pre-bidding amount.

Different websites to check upcoming auctions:
E-Auctions India: https://www.eauctionsindia.com/
ForeclosureIndia: https://foreclosureindia.com/
FindAuction: https://findauction.in/

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