Auction flats by Banks

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dhinchakrohit
Hi guys,

Anyone bought any flats till now by participating in bank auctions?

If yes, please share your experience and suggestions.
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e-tendering, e-bidding processes too can be and are rigged.

Still if consulting the forms whose daily bread-butter is to participate in or advice on such 'nilaami'/auctions, one can have a reasonable chance.

For actual highend, luxury apartments or crème de la crème business projects, the top management of the lending agencies or politicians/ bureaucrats somehow influence these auctions too or have proxies.
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