The Department of Financial Services (DFS) Secretary (GoI) on January 3 launched a revamped e-auction portal ‘Baanknet’ to serve as a one-stop destination for e-auction of properties.
- This portal consolidates information on e-auction properties from all Public Sector Banks and offers a one-stop destination for buyers and investors to discover a wide range of assets.
- The listings include residential properties such as flats, independent houses, and open plots, as well as commercial properties, industrial land and buildings, shops, vehicles, plant and machinery, agricultural and non-agricultural land.
- By gathering all these details in one place, the platform simplifies the process of finding and participating in property e-auctions, making it easier for buyers and investors to identify valuable opportunities.
