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Telangana High Court

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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.

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.