Thank you for your interest. Our representative will contact you soon!
To know more about HDFC Auction Homes, please provide your details and share your requirements
HDFC, a premier Housing Finance Company of the country, auctions repossessed properties across the country during ordinary course of its business. HDFC offers these properties at competitive rates thereby providing a good opportunity for the public to own ready possession property at affordable price. Buying under HDFC Auction Homes makes it a value for money proposition if you are looking for self-consumption or investment in the property. Needless to mention transparency of transactions by following due process of law.
Properties repossessed from defaulting customers and put up for sale for recovery of dues as per the prevailing laws are referred to as auction properties.
Auction properties are generally available at competitive market rates making them a lucrative proposition as an investment or for self-use.
Yes, the entire process of buying an auction property is easy and transparent.
Following are the key stages:
You can get more information after providing your contact details with us. Our representative will get in touch with you and will share the property details.
Our representative will schedule a convenient date and time for property inspection/visit to the property.
Property documents are available at HDFC offices. You may contact our representative and schedule a visit to our office to inspect the documents.
Yes, it is suggested that the prospective purchaser should do an independent due diligence of the property and the title documents prior to submitting the bid. Properties are sold under auction on an ‘as is where is’ basis.
You can apply for a home loan with HDFC to purchase an auction property. Loan approval is subject to your eligibility.
Reserve price is the base price, below which the auction property will not be sold at a given point of time. The price is arrived at by sourcing a valuation report of the property from a certified government valuer.
EMD means Earnest Money Deposit. It is the amount that is to be paid by prospective purchasers to be eligible for participating in an auction. This amount is 10% of the offer amount that is being tendered by the prospective purchaser.
Properties sold in a HDFC auction are the properties which are in its possession. Once the entire bid amount is received by us and the sale process is complete, the successful bidder will get the property possession.
HDFC Ltd does not guarantee any funding or loan facility or endorse the properties in any form or manner. All transactions will be as per usual course of business and applicable law.
Please Try Again