Rajasthan Housing Board (RHB) E-Auction | Online Auction of Flats in Rajasthan 2019-20
According to the latest updates, Rajasthan housing board has the first time decided for e-auction of Flats. The Rajasthan housing board official said that in order to sale online flats the pictures and maps of the houses will be uploaded on their official website for easy selection of the locality and designs of flats.
This auction is expected to take place from September 6, 2019. Rajasthan housing board has been working in the direction to provide people their online flat sale, e-auction services on easy terms. The important decision of fixing reserve bid price would be on 30 August. The first time the reverse bidding method is also adopted by the Rajasthan housing board officials committee.
According to the term reverse bidding, the official member of the Rajasthan Housing Board committee means that the person who will bid a flat at a rate of discount, higher than the other bidder will be given the opportunity to buy a house at auction online.
More than 24,000 constructed flats are unsold in the region of Kota, Jodhpur, Udaipur, Jaipur, Alwar, and Bikaner.
A huge number of Rajasthan housing board constructed flats were remained unsold due to slump in real estate business, because of this reason buyers tend to be not at all interested anymore to buy these Rajasthan Housing Board houses. This is the reason why many types of discount rates are introduced.
If the need for more selling of constructed flats took place in near future, Rajasthan Housing Board will again come with the discount rates at different terms and conditions to sell more and more houses online.
It is a great opportunity for many people given by RHB.
We hope that now you have detailed information regarding Rajasthan Housing Board Online Flats Auction (e-auction). Feel Free to Share your thoughts in the comments section.
Source : https://realty.economictimes.indiatimes.com/news/residential/rajasthan-housing-board-to-sell-flats-online-from-september-6/70767735