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Property Auction: PNB will now sell cheap houses after SBI, to be auctioned on January 8

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new Delhi. Everyone sees the dream that he or she has a house in the stranger city, but due to the budget issue many times, their dream is not complete. If you are also worried about the burden on your pocket, then there is good news for you. Now you can buy your dream home even on a low budget. After the mega auction of SBI, now PNB is also going to sell the house cheaply. For this, the bank will be auctioned on January 8. Those wishing to buy a flat can visit the official website of the bank.

PNB has also tweeted about the auction, which stated that residential and commercial properties can be bought cheaply at auction. Applicants will have to register to participate in the auction. Customers can get detailed information by visiting the link https://ibapi.in/. Apart from this, they can also see the details on the official website of the bank.

About 3080 residential properties will be auctioned by the bank. These are the properties that have come on the default list. Meaning these are assets whose owners have not been able to repay the loan to the bank for any reason. In such a situation, the bank confiscates these properties and sells them to such flats and properties. Their rates are less than the market price. In such a situation, buyers have the option to buy the best property in a good location at a low price. It may be known that a few days ago a mega auction was also run by SBI. In which about 758 (residential), 251 (commercial) and 98 (industrial) properties were to be auctioned.

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