Frequently Asked Questions

Know everything about Bank auction properties

How does a property get listed on Hecta website? How frequently are the auction property lists updated

Hecta is authorized by banks and institutions to market the properties they are selling. We source our properties from authorized sources designated by banks.

How do I know the properties available for auction are genuine listing ?

Most of the properties will have a notice appended to them which is published by the bank. Details of these properties may also be available on selling bank’s website.

How do I get to know which property is available for auction?

You can find the available properties on Hecta. Financial institutions also put up these properties on their websites.

Is Investment allowed for an NRI?

Yes. Currently, there is a declaration which you need to submit along with the application. It is part of the application form

Can I buy jointly with friends and relatives

Yes. You need to mention name of all applicants in the application form. Usually up to 5 applicants are allowed.

How much can I invest

There are no limits on investments.

What are asset categories available for investment

Investment options are available for all categories of land (residential, industrial) and built up (flats, independent houses, villas, industrial complexes, warehouses) among others