u/Past-Spirit-7666

Why don’t more real estate investors buy distressed properties at auctions in Kolkata?

I have done a few of those deals at 20%-35% discount to market value.

Most of my friends I have spoken with think it’s a complex process and legally grey.

That’s really not the case. Most properties I have dealt with are legally clean with a valid court order allowing an auction.

Ask me any questions you have on bank auction properties in Kolkata in the comments, I’ll try to answer them.

Why don’t more real estate investors buy distressed properties at auctions in Kolkata?

I have done a few of those deals at 20%-35% discount to market value.

Most of my friends I have spoken with think it’s a complex process and legally grey.

That’s really not the case. Most properties I have dealt with are legally clean with a valid court order allowing an auction.

Ask me any questions you have on bank auction properties in Kolkata in the comments, I’ll try to answer them.