Thursday, April 27, 2017
News
NEWS HOME
»
PRESS RELEASES

Foreclosureindia.com Provides Access to all Auction Properties in India
  SocialTwist Tell-a-Friend  
   


Date: 31-05-2010 04:43 PM
Source: Foreclosureindia.com (Business Wire India)
Category: Business, Leisure
Location: Hyderabad, Andhra Pradesh, India

Foreclosureindia.com is the one and only website in India listing all the auction properties of all the banks and financial institutions across India. It’s the first of its kind internet portal that helps the buyers of property in getting the information of the property auctions of banks and financial institutions happening in and around 26 major cities of the country. It also helps the banks and financial institutions by providing a larger base of potential buyers for their auction properties and thereby increasing the probability of the sale of their NPAs.

Foreclosureindia.com bridges the gap between the potential buyers of auction property and the banks that sell them by displaying the information at one place and also making the public conversant with the process of buying auction properties in India, thereby creating a market for auction properties in India.

It provides the buyers with access to wide range of choices of auction property in the city of their choice. As of now more than 18000 properties including flats, independent houses, open plots, agricultural and industrial lands and commercial property are listed on the site eliciting interest from thousands of buyers and investors. Foreclosureindia.com also helps the investors understand the process of buying the auction property from banks in India.

It also gives people a cheaper alternative to the conventional properties from builders and individuals. It’s a boon to all the buyers who want to avoid brokerage charges since the properties can be bought directly from the banks by getting the information from the site.

Banks can get access to a huge base of potential buyers by listing their properties on the website. This increases the probability of the sale of their NPAs. Since the site exclusively lists auction properties, banks and financial institutions can get access to their target audience at one place. It also provides greater longevity to their auction notifications compared to the news papers, increasing their visibility. The properties are listed on the site till they are sold off.

Foreclosureindia.com provides a win-win situation for both the buyers and banks.


More Press Releases

Braidy Industries Inc. to Spend $1.3 Billion to Build the Highest Quality, Lowest Cost Auto Body Sheet and Aerospace Plate Aluminum Rolling Mill in the United States

UN Global Compact Kicks Off Annual Conference in New Delhi, with More than 300 Global Business and Civil Society Leaders

The State of Indian Digital Marketing

CASE India Wins Best Seller - Compaction Equipment Title for the 4th Year in a Row

Essel Group ME appoints directors to Vanguard Potash Corp.

Kolte-Patil Developers Limited Signs its Largest Redevelopment Project till date in Mumbai

Lung for Long: Gasp No More

Yahoo India Homepage Gets a New Look!

Rev Up in Style: BMW India Launches BMW M Performance Training Program in Delhi NCR

Power Integrations and Weltrend Semiconductor Announce 18 W USB PD Rapid-Charger Reference Design for Smart Mobile Devices

Take Home the Beauty of Kyoto: Camera Sharing Service PaN Offered at Two Temples for Limited Time [Panasonic]

Essel Group ME: Simba Energy becomes Simba Essel Energy

Lombard International Appoints Sandra Locke as Global Director of Human Resources

MPEG LA Invites CRISPR-Cas9 Patents to be Pooled in a One-Stop License

AGCO Mourns the Passing of Robert J. Ratliff, Company Founder and Industry Visionary

CSS Corp Opens State-of-the-Art Delivery Center in Bangalore to Support its Growing Infrastructure and Tech Support Business

Wipro Limited Announces Results for the Quarter and Year Ended March 31, 2017 Under IFRS

Chennai Based Howdy Ventures Raises Rs. 10 crores in First Round Funding

UAE Property Investment Opportunities Showcased by Deyaar and Square Yards in Mumbai

SES Offers Panoramic Glimpse into the Future of TV with Live Virtual Reality Demo

NTT Com Acquires International Telecom License in India

Stay Protected with VLCC's Paraben Free Sun Care Range this Summer!

Converged and Hyper-converged Infrastructure Evolve into Building Blocks for Next-generation Datacenters

Introducing the New HuffPost

ABB and IBM Partner in Industrial Artificial Intelligence Solutions

Discover, Experiment and Indulge as Zivame Launches its Studio in Chandigarh!

What is Digital Transformation, and How to Create a Digital Roadmap for your Organization?

Adrenalin Launches MoodXpress an Employee Engagement Platform

Smartmatic Appoints New Asia Pacific President

Huawei’s COO Wan Biao to Deliver Opening Keynote at CES Asia 2017

Launch of RPL at Raj Bhawan, HP as a Part of Special RPL Implementation in Himachal Pradesh State

ARM Announces ARM Mali-C71 Image Signal Processor (ISP) to Drive Next-Generation Image Processing for Automotive

YuppTV Makes Live Streaming Effortless with the Launch of Freedocast Pro Device and Live Streaming Platform

Mondelez's Dana Anderson to Join MediaLink as Chief Marketing Officer

VLCC's Unique Insta Glow Gold Bleach for a Radiant Skin

Gogo Bolsters Inflight Connectivity Capacity over North America and the Pacific with SES

Andersen Tax & Legal Announces Debut in the Netherlands

X-Rite Announces i1Profiler Color Calibration Support for 4K+ Monitors for Photographers and Filmmakers–Ultra Efficient, Capture-to-edit Color-managed Workflows at NAB 2017

 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
INDIA WORLD ASIA
BJP will win big in Bengal in the 2019 ...
RSPB will defend Senior Nat'l C'ship: De...
Sunny Wednesday morning in Delhi...
BJP win due to EVM 'wave': AAP...
BJP confident of 'landslide victory' in ...
MCD election results 2017: Will teach BJ...
More...    
 
 Top Stories
Turkey detains 1,000 people over su... 
I'm the worst liar: Emma Watson... 
BJP will win big in Bengal in the ... 
Early kidney transplant must for ch... 
MHRD stresses on 'Early Language an... 
Congress for law to provide compens... 
NGT shuts polluting industries alon... 
With lowest tally in Delhi civic po... 
 
Weather in Delhi