Anyone who has bought a property in India understands how time-consuming and full of hassles the entire process can be, from discovering and identifying a preferred property to taking care of the legal aspects and finally obtaining a transfer of title.
There are, furthermore, other issues such as low transparency in pricing and a distinct lack of relevant information available about the property. It is to eliminate these hassles that (AHI), a one-of-its-kind property auctions service in the country, has announced its second auctions event. Scheduled for November 26, the latest AHI auction will have nearly 25 residential and commercial properties listed for auctioneering.
With properties such as villas, kothis, apartments, builder floors, residential plots, institutional land, industrial factories, and reconstruction properties going under the hammer, AHI will provide buyers and sellers with a unique, trustworthy and swift platform to transact.
Potential buyers will have access to complete visibility of details such as the condition and the market rate of the property, and can also visit the property before the auction on a designated viewing day. This eliminates the hassles usually associated with buying a property through more traditional channels. AHI has also tied up with banks and financial partners in order to facilitate easier loans for buyers. What’s more, the company will be offering a discount of 30-40% on every purchase, adding greater delight to the property buying experience of the user!
Saif Nawaz, Auction House India, said, “We received a highly enthusiastic response to our inaugural property auction, underlining why the auction model can be a game-changer in the Indian real estate segment with its speed, certainty, and simplicity. The wide choice of properties that we will be auctioning and the impeccable system that we are putting in place will ensure that Indian buyers and sellers will quickly embrace this hassle-free, transparent and reliable method of making property transactions. There will also be huge discounts on offer for buyers, allowing them to secure their preferred property at highly affordable prices.”
A joint venture between UK’s largest property auctioneer, Auction House UK Ltd., and NU Dimension Advisory LLP, Auction House India (AHI) comes with a rich legacy, international brand acceptance and a proven track record in residential and commercial property transactions. The latest auction builds on the success of AHI’s inaugural property auction in New Delhi, which received impressive traction with both buyers and sellers. Properties ranging from INR 60 lacs to INR 3.5 crore were sold at the event, making it a grand success.