AHI comes up with auction model
Auction House India (AHI), a first-of its kind property auctions service, was launched recently in New Delhi on July 25. A joint venture between Auction House UK Ltd and NU Dimension Advisory LLP, AHI will make buying and selling of property easy, convenient, efficient and hassle-free by introducing an auctions model.
AHI launch could alter the dynamics of the country’s real-estate sector as potential buyers will have access to complete visibility of details such as the condition and the market rate of the property. They can also visit the property before the auction on a designated viewing day. Going ahead, AHI will tie up with banks and financial partners to facilitate easier loans, adding greater convenience to the buying experience of the user.