Buying a Property Here
Four steps โ we're with you at every one.
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Why NiyamTek
Frequently Asked Questions
What does symbolic vs. physical possession mean?
Symbolic possession means the bank has taken legal possession under SARFAESI, but hasn't physically taken over the property yet. Physical possession means the bank has actually taken over the property.
Is the property's title clear?
These are secured-asset sales, sold on an as-is-where-is, as-is-what-is basis. Buyers are encouraged to do their own legal and title due diligence before bidding.
What is EMD?
EMD (Earnest Money Deposit) is a refundable deposit paid to participate in an auction, as specified in the bank's auction notice.
How do I register to bid?
Sign in on this site to view full details, then follow the bank/NBFC's own registration process for that auction.
Is NiyamTek the seller?
No. NiyamTek is a facilitation platform โ the bank or NBFC remains the seller, and all auction terms are set by them.
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