The Insider Tips for Buying Bank Auction Properties in Hyderabad
Time and again, it has been proven multiple times that investing in real estate properties gives one of the best returns. All you have to do is to arrange finance and invest in value for money properties. Many savvy investors in urban cities, such as Hyderabad, look for bank property auctions conducted online. For starters, there are many advantages of investing in bank properties. Here is a list of insider tips to invest in a bank auction property in Hyderabad . Insider tips related to bank auction properties 1. NPAs are increasing, and banks are getting rid of them Loans disbursed by banks get defaulted when the borrowers are unable to repay. The latest report released by the RBI suggests that there are over 17,000 properties mortgaged to bad loans . These properties are non-performing assets (NPAs) for the leading public sector banks. The borrowers failed to repay the loan amount, and ...