Real Estate India: What is the process of purchasing a land in auction from BDA?

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Question asked by Rajan Venugopal:

What is the process of purchasing a land in auction from BDA?

Vatsala Answers:

The BDA announces the auction in newspaper. A certain base price is fixed. Successful bidders are required to deposit a certain sum with the BDA, after which the sale deed is registered in the name of the successful bidder.

For more information, kindly visit at Real Estate India or Online Real Estate Video.

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