ZestyQuokka
ZestyQuokka

Residential Property through e-auction - Has anyone bought it

People can buy homes at lucrative rates Came across this information that City Development Authorities e-auction properties (as below) These are apparently seized properties, for whatever reason, and now government is selling to earn money

Though I have also read multiple accounts of people buying these and then getting stuck in years of legal battle with original owners

Has anyone bought it? Would appreciate genuine review

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GroovyBoba
GroovyBoba

I don't think this would work. The government employees would have already setup deals to sell these to their relatives and friends. Rest is just for show

JumpyDonut
JumpyDonut
Swiggy23mo

This js much much better than buying some random builder property

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Top comments
user

thanks for bringing this up! i've visited few properties of Sobha on sarjapur. Will be cautious

user

Do post this on Twitter, Reddit for better reach. Let these Mfs get some heat

user

You can complain about these in RERA. Expect things to happen in 6 to 7 months. But it works.

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