About Us
Distressbuy.com is an exclusive platform in India providing complete information about all assets put for sale through auction process by public and private sector banks/NBFCs/FIIs across the country. Often both investors and end users find great opportunities in bank auctions due to availability of properties and other asset at a relatively lower prices compared to market rates. However, a lack of accessible information with indicators as to market price, often hinders their ability to engage in these transactions. Distressbuy.com addresses this challenge by acting as a vital link between investors and financial institutions.
As a unique feature our portal provides information as to indicative market price for similar properties in the similar location, enabling prospective buyers to effortlessly explore auction properties in any Indian city, benefiting from centralized information that empowers them to make well-informed decisions. Our platform presents essential property details, bank contacts, and auction dates in one user-friendly interface, simplifying the property search process. We also provide related services such as Title Search, Due Diligence, Virtual Tour, Participation in Auction Process, Registration, Maintenance and Renovation of acquired property as Value Added Services to keep abreast associated hassles.
Banks and Financial Institutions also find our platform very useful due to wider visibility and enhanced responses for their auctioned properties. Listings remain active until the property is sold, providing significantly extended exposure compared to traditional newspaper notifications. This extended visibility positively influences the property's prospects for sale, better realisation and hence contributes to improved Balance sheets of the banks. At Distressbuy.com our unwavering commitment is to create a mutually beneficial scenario for both buyers and banks, facilitating seamless property transactions through transparent and accessible means.
Win your Auction: Essential Steps and Financing Tips
Winning a bank auction for a property requires careful planning and financial readiness. Learn the crucial steps to secure your victory, including deposit requirements and financing options. Don't miss out on this opportunity – explore our guide now!
Get StartedHow It Works? Learn the art of winning a dream property under Bank Auctions
Explore our Search Functionality or buy a membership plan to select your dream Property
Physically inspect Property under Auction & estimate Market Value
Get due diligence done & submit Earnest Money Deposit (EMD) for selected Property
Participate in Auction Process and bid for selected Property
Arrange finance for balance payment (Net of EMD) to acquire property won under bidding process
Get property registered before Registrar of Properties in your name