Buying a Bank Auction Property Proves Costly: Buyer Forced to Pay ₹48 Lakh in Old Electricity Bills for New Connection

In a shocking ruling, the Telangana High Court has forced a buyer who acquired a prime industrial plot for over ₹53 crore in a bank auction to cough up nearly ₹48 lakh in the previous owner’s unpaid electricity bills just to get a new power connection — underscoring the hidden perils of “as is where is” property purchases.

Sunny Deol Approaches Bank, Wants to Settle the Loan

Sunday was buzzing with the news of Gaddar 2 star Sunny Deol’s…

Yes Bank puts Mumbai Property on Sale, In 8 months Lowers Price by ₹10 Crore

In a period of around eight months Yes Bank has put a…

Read This if Dealing with Bank Properties

Be careful while transacting with a bank or any Financial Institution in…

Wish To Buy A Bank Auction Property Read This First

By Dheeraj Jaisinghani/Blue Address Financial institutions, typically banks, auction properties which it…