Terms & Conditions

Auction Avenue Pvt. Ltd.

1. Introduction

Welcome to Auction Avenue Pvt. Ltd. By accessing or using our website and services, you agree to comply with these Terms & Conditions. Please read them carefully before participating in any property auction or using our services.

2. Eligibility

  • Users must be at least 18 years old to participate.
  • All participants must provide accurate and complete information during registration.
  • Auction Avenue reserves the right to verify user identity before allowing participation.

3. Property Auctions

  • All auctions are conducted under applicable Indian laws, including SARFAESI and NPA guidelines.
  • Bidders are responsible for conducting due diligence on properties before bidding.
  • Once a bid is placed, it cannot be withdrawn or cancelled.

4. Payments

  • Winning bidders must pay the required earnest money deposit (EMD) and final bid amount within the specified timeline.
  • All payments must be made through approved banking channels.
  • Failure to complete payment may result in forfeiture of EMD and cancellation of allotment.

5. Liability Disclaimer

Auction Avenue Pvt. Ltd. acts as a facilitator for auctions and is not responsible for the accuracy of property details, legal disputes, or hidden liabilities associated with properties. Buyers are advised to verify all information independently.

6. Prohibited Activities

  • Providing false or misleading information.
  • Engaging in fraudulent or collusive bidding.
  • Violating any applicable laws or regulations.

7. Amendments

Auction Avenue Pvt. Ltd. reserves the right to modify these Terms & Conditions at any time. Users are encouraged to review the terms regularly for updates.

8. Governing Law

These Terms & Conditions are governed by the laws of India. Any disputes will be subject to the jurisdiction of courts in Indore, Madhya Pradesh.

9. Contact Us

For any queries regarding these Terms & Conditions, please contact us at:

Registered Office: 652/9 Nehru Nagar Main Road, Indore (M.P.)
Email: info@auctionavenue.in