Spot a beautiful 3BHK in a bank auction listed at ₹72 lakh – market value easily ₹1.1 crore. You do basic checks, pay the EMD, win the bid, and pat yourself on the back for the steal of the century.
Then the demands start rolling in:
- BBMP/BMC/GHMC property tax notice: ₹4.2 lakh arrears + interest
- Society maintenance dues: ₹3.8 lakh (some going back 9 years)
- BESCOM/MSEDCL electricity pending: ₹1.9 lakh
- Water charges, cess, betterment charges, BWSSB/BMRCL dues: another ₹1-2 lakh
Total surprise bill: ₹8-15 lakh. Suddenly your “discount” vanishes and you’re paying market price (or more) after all the penalties and delays.
Every bank auction notice has that one line buried in the terms: “The property is sold on as-is-where-is, whatever-there-is basis including all dues, encumbrances, and liabilities.” Translation: all unpaid bills of the previous owner become yours the moment you win.
I’ve seen buyers cry in my office because they never opened the society’s outstanding dues letter or checked the municipal website properly. One client in Pune won a ₹58 lakh flat but had to shell out ₹11.4 lakh extra because the previous owner hadn’t paid society charges since 2016 and the housing society attached the flat before he could even take possession.
Even if you’re okay paying some of it, you need to know the exact amount BEFORE you pay the final 75% to the bank. Once paid, the bank disappears and you’re left negotiating with 6 different authorities who don’t care that you bought it in auction.
That’s exactly why we created Arrears Due Diligence service at AuctionDunia.
We check every possible pending due on your auction property before you pay the balance amount:
- Full property tax history from municipal corporation (including betterment charges, cess, vacancies)
- Society maintenance + sinking fund + transfer premium outstanding (we get the official letter from society secretary)
- Electricity dues + dismantled meter charges from BESCOM/MSEDCL/TSSPDCL etc.
- Water board/BWSSB dues and sewerage charges
- Any pending labour cess, tree cess, or infrastructure charges
- Pending demands from urban development authority
We give you a one-page report with exact numbers, who to pay, and (most importantly) which dues can be legally waived or reduced for auction buyers.
Most clients save ₹2-8 lakh just because we tell them exactly which old dues the bank or authority will waive when you show the sale certificate and SARFAESI possession notice.
Recent example: Client bidding for a ₹1.05 crore row house in Hyderabad. Portal showed only ₹1.8 lakh tax dues. Our full check revealed ₹9.7 lakh total arrears. We guided him to get ₹7.9 lakh waived (pre-possession dues) and he paid only ₹1.8 lakh. Saved ₹7.9 lakh for a small fee.
Don’t let hidden arrears eat your entire auction profit. One report before final payment can save you lakhs and years of headache.
Visit https://auctiondunia.com/sermothvices/arrears-due-diligence right now, upload your auction notice or property details, and know exactly what you’re buying – before it’s too late.