Key Highlights
OPPAS
One Point Properties and Auction Services Pvt Ltd.

OPPAS
One Point Properties and Auction Services Pvt Ltd.

OPPAS
One Point Properties and Auction Services Pvt Ltd.

OPPAS
One Point Properties and Auction Services Pvt Ltd.

Workshop and Events

Workshop for purchase of properties through Bank Auction will be conducted shortly. For more information, please contact info@propertyneelami.com

Auction Participation

Auction of Immoveable and Movable Properties :

The attached Properties needs to be auctioned by Banks, Central Government , State Government and other Authorized government bodies or agencies. They require services to facilitate and execute their Auction Process.

Customers who will go for these Services:

Bank
1. Nationalized / Public Sector Banks / Foreign Banks
2. Private sector Banks
3. Cooperative Banks
4. Non Banking Financial Corporations (NBFCs)
5. IFCI (Industrial Finance Corporation of India)
6. LIC HFL
Income Tax \ Central Excise\ Customs \ Enforcement Director \ Sales Tax Department
1. Different States Sales Tax Departments
Debt Recovery Tribunal (DRT)
Asset Reconstruction Company (ARC)
Official Liquidator of High Court
MIDC or CIDCO or other Central Government or State Government Authorities (Lease-hold and free-hold properties )

Types of Immovable Properties to be auctioned:

1. Residential Properties– Flats, Apartments, Row-houses, Villa, Buildings, Plots earmarked for Residential apartments
2. Commercial Properties – Shops, Commercial Complex, Commercial Plots.
3. Industrial Properties – Industrial Units, Factories, Industrial Complex, Plots earmarked for Industrial Units
4. Open Land / Barron land / Vacant Plots (Non-Agriculture)
5. Agricultural Properties Auction – Barron and irrigated Land / Agricultural unit setups.

Properties auctioned by Banks:

Properties those are NPA for banks auctioned by Bank after following legal Process.


Properties auctioned by Income Tax \ Central Excise\ Customs \ Enforcement Director \ Sales Tax Department :

For non-payment of Tax dues Income tax department and Sales tax departments can attached the properties of Defaulter.


Properties auctioned by Debt Recovery Tribunal (DRT) and Debt Recovery Appellate Tribunal (DRAT) :

Properties those are in legal disputes with Financial Institutes / State or Central Taxation or other Agencies like skilled and non-skilled worker disputes are auctioned by DRT and DRAT.

The Debts Recovery Tribunal (DRT) enforces provisions of the Recovery of Debts Due to Banks and Financial Institutions (RDDBFI) Act, 1993 and also Securitization and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, 2002.


Properties auctioned by Asset Reconstruction Company (ARC ):

An Asset Reconstruction Company (ARC) is a company that is set up to do exactly what the name suggests — reconstruct or re-package assets to make them more saleable. The assets in question here are loans from banks, card companies, financial institutions etc.


Properties auctioned by Official Liquidator High Court :

The financial disputes of Companies registered under Ministry of Corporate Affairs are addressed by the official liquidator.

The Official Liquidator of High Court is appointed by the Central Government under section 448 of the Companies Act, 1956 and is functionally attached to the Hon’ble High Court of corresponding state.


Properties auctioned by MIDC or CIDCO or other Central Government or State Government Authorities


Services offered to Bidders or Auction Participants:

1. Documents required for entering Bidding process.
2. Consultancy for fair value of property.
3. Consultancy for participating in tender and auction Process.
4. Check out the liabilities on the bidder property

Services offered to Entrepreneur /Industrialist / Corporate:

1. Services provided for buying Properties in Auction like Residential, Commercial, Industrial and Agricultural etc.
2. Valuation of Properties.
3. Government Dues Information (Property Card).
4. Transfer of Properties.
5. Legal Services.
6. Liaisoning Services..
7. Advisory Services.
8. Package Scheme of Incentives (Central and State Government) for Agricultural and Industrial Units or setups ( DIC, NABARD and different corporations).
9. Other Related Services.

For more information, please contact info@propertyneelami.com

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