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Albion Investments and Holdings Pvt Ltd - Auctions provides information to the clients related to all types of properties auctioned (to be auctioned) by all Banks/NBFCs at one place and at a single click.
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e-Auctions are negotiations conducted via an online platform where Suppliers get the possibility of improving their proposals based on market feedback (e.g. rank in negotiation) and are considered to be the most transparent way of conducting negotiations.
Anyone be an executive of a company or an individual wishing to bid or participate in an online Auction event is a Bidder. On Bank or DRT Auctions, a Bidder will be bidding in the Auctions he has been qualified for. By responding in an Auction, the Bidder commits to buy or sell items at prices submitted by him during Auction.
Each Auction is a highly confidential event conducted between the Auctioneer and a set of qualified Bidders on the Bank or DRT Auctions platform. No outsider can view any aspect of an Auction event without proper authentication by Auctioneer. And even then, a qualified Bidder can only view details of his own bids.
Yes, an Individual can register as a Bidder on Bank or DRT Auctions platform. While registering, please write "Individual" in the Organization Name Field.
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