Welcome to Auction Ghar – Bank Auction Properties Platform Across India
At Auction Ghar, we specialize in verified bank auction properties, home finance companies, and NBFCs auction properties. Our platform offers a variety of verified properties, ensuring a secure and reliable investment experience.
Banks and financial institutions provide loans secured by hypothecating or mortgaging properties as collateral. When borrowers are unable to meet repayment obligations, the collateral properties are repossessed and put up for auction — classified as Non-Performing Assets (NPA) according to RBI norms.
Why Choose Auction Ghar?
- ✓Verified Properties: We list only thoroughly verified properties, ensuring transparency and trust.
- ✓Comprehensive Listings: Wide range of residential, commercial, and land options all in one place.
- ✓User-Friendly Interface: Navigate easily to find detailed information on each auction property.
- ✓Expert Support: Our dedicated team assists you at every step of the auction process.
The Auction Process
Every year, thousands of properties are auctioned across India by banks, housing finance companies, NBFCs, and financial institutions to recover bad loans.
Step 1: Repossession
Authorized officers take possession of hypothecated or mortgaged properties under the SARFAESI Act after loan accounts are classified as NPAs.
Step 2: Public Auction
The repossessed properties are listed for sale through public auction notices, making them accessible to all eligible buyers at competitive prices.
Benefits of Auction Assets
Below Market Price
Auction properties are normally available at 20–30% lower price than the prevailing market price, offering exceptional value to investors.
Ready to Occupy
Most auction properties are ready to move in — unlike new projects where you depend on the builder's timeline, which often faces delays.
Prime Locations
Auction properties are often in prominent, easily accessible areas — an advantage that newly constructed outskirt properties may not offer.
Clear & Safe Title
Title is thoroughly verified by bank-empanelled lawyers both at the time of lending and at auction, ensuring a clean, legally secure ownership.
Transparent Process
All link documents are handed over upon payment across the table — a level of transparency that private transactions may not always guarantee.
Verified Listings Only
Every property on Auction Ghar is thoroughly vetted before listing, ensuring only legitimate and trustworthy assets reach our buyers.
Our Leadership Team
Co-founder & Director
Dr Johnson Menezes
Banking professional with two decades of experience spanning Retail, SME, Corporate, Investment and Merchant Banking — covering Sales, Credit to Collections — with a 360-degree approach to banking and finance.
MBA Finance (JBIMS), Law Graduate, JAIIB & CAIIB certified, PhD (April 2022). Former National Head – Legal Mortgage Collections at a top Indian Multinational Bank with 23 years of rich experience.
Subject matter expert in Auction Properties, Home Loans, Property Loans, Mortgage Finance Law, and Real Estate Project Funding. Has delivered programs for ICICI Bank, Axis Bank, Aadhar Home Finance, Kotak Bank, Mahindra Insurance Brokers, and Bajaj Allianz General Insurance.
Co-founder & Director
Charles Jayaseelan
Banking Professional with 26+ years across Banking, Retail Assets, Loans, Insurance & Training, Real Estate, Service Industry, and Human Resources with a successful track record of exceeding targets under diverse market conditions.
Has the capability to identify bottlenecks in any operation and bring about persistent changes, creating and sustaining highly motivated teams with proactive abilities.
Post Graduate in Public Administration from Chennai. Actively involved in music ministry from a young age. Married to Kavitha, a HR professional, and blessed with two children.
Co-founder & Director
Sudapalli JP Rao
Seasoned Banking & Technology professional with 20+ years of rich experience in Sales, Relationship, Collections, and expertise in development of IT Applications for BFSI.
Served as Zonal Head for NPA Recoveries for South & East, and NPA Management for Pan-India for Agri Loans at ICICI Bank.
Recipient of the prestigious DNA Award for Sensitivity (2017–18) at ICICI Bank. Holds a Master's in International Business from IIFT Delhi — India's premier B-School.
Our Mission
At Auction Ghar, our mission is to provide a transparent, accessible, and user-friendly platform for buying and selling bank auction properties across India. We are committed to:
- Empowering BuyersOffering a wide range of verified residential, commercial, and land properties, enabling buyers to find their ideal investment opportunities.
- Facilitating Financial RecoveryAssisting banks, home finance companies, and NBFCs in efficiently liquidating non-performing assets, contributing to financial sector stability.
- Enhancing Trust & TransparencyEnsuring all auction listings are thoroughly verified and providing clear, comprehensive information to help buyers make informed decisions.
- Innovating the Auction ProcessContinuously improving our platform with the latest technology to streamline the auction process, making it more efficient and accessible.
Our Vision
Our vision is to be India's leading and most trusted platform for bank auction properties, revolutionizing the way properties are bought and sold. We aim to:
- Lead the MarketEstablish Auction Ghar as the go-to destination for all bank auction properties, recognized for extensive listings, reliability, and user-centric approach.
- Expand NationwideGrow our presence across all major cities and regions in India, making it easier for buyers and sellers to connect and transact.
- Promote Financial LiteracyEducate our users about the benefits and opportunities of buying auction properties, helping them navigate the process with confidence.
- Support Sustainable GrowthFoster a sustainable real estate market by facilitating the efficient turnover of properties and aiding in the recovery of non-performing assets.
Our Core Services
At Auction Ghar, we offer a comprehensive range of services designed to simplify the process of buying and selling bank auction properties — seamless, transparent, and efficient for all users.
1. Verified Property Listings
- Residential: Apartments, houses, and villas via bank auctions.
- Commercial: Office buildings, retail spaces, and industrial properties.
- Land: Residential, commercial, and agricultural land.
2. Comprehensive Property Details
- Detailed Descriptions: Thorough write-ups, high-quality images & key info.
- Legal Documentation: Access crucial legal docs for a secure transaction.
- Full information on pending dues, if any.
- Pictures & video footages of properties.
3. Auction Notifications & Alerts
- Real-Time Updates: Notifications on upcoming auctions & new listings.
- Customized Alerts: Personalized alerts based on your preferences.
- Notifications for changes in auction schedules.
4. Expert Guidance & Support
- Dedicated Relationship Manager for personalized support.
- Auction Assistance: Registration, bidding strategies & post-auction formalities.
- Support Team available for any queries throughout the process.
5. Financial & Legal Assistance
- Loan Facilitation: Secure financing through our network of banking partners.
- Legal Advice: Expert guidance to navigate auction purchase complexities.
- Home renovation services post-purchase.
- Legal Services for documentation and due diligence.
6. Digital & Platform Services
- Easy Navigation: Intuitive platform to search, filter & browse.
- Secure Transactions: All interactions on our platform are fully protected.
- Social Media Posts — Facebook, Instagram, YouTube.
- Complete auction details published online.
Additional Services at a Glance
Our Technology
Auction Ghar offers a wide range of auction properties, vehicles, and more — with a whole bouquet of comprehensively tailored services to help buyers fulfil their dreams of owning a property or asset at affordable prices.
Our years of research and expertise in the financial sector help us provide our clients — Banks, HFCs, NBFCs — with extended services in the easy selling of distressed assets every time, with better realization in every sale through a transparent and verified process.
One Stop Solution for All Your Auction Property Needs
