Auctions
This is an integrated auction segment of smeDEALZ. We facilitate auctions of stressed assets that are offered by Asset Reconstruction Companies, Banks, and Financial Institutions. There are several potential buyers for such properties whether it is a factory land, personal or a commercial property. The e-auction process designed here for sale of immovable assets is compliant with the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 6 (2) & 8 (6) of the Security Interest (Enforcement) Rules, 2002.
There are several other assets that can be put for sale for sale through auction. This auction portal enables auction of other types of assets also.
Once a property is listed, smeDEALZ will inform all potential buyers and request them to participate in the auction. Listing on smeDEALZ for auction will fetch excellent response and competitive pricing due to the assured participation of several seasoned buyers, real estate players and builders.
You can seamlessly browse and transact through smeDEALZ auction portal and find the best deal for you.It is our endeavour to bring to the potential buyer the best investment opportunities at the optimum price through a legal auction process, and at the same time enable the seller to unlock the value of his assets to his satisfaction.