♦ The Union Government launched the revamped portal ‘BAANKNET’ for the e-auction of properties on 3 January 2024.

♦ The platform consolidates information on e-auction properties from all public sector banks and offers a one-stop destination for buyers and investors to discover a wide range of assets.

♦ The listings include residential properties such as flats, independent houses, and open plots, as well as commercial properties, industrial land and buildings, shops, vehicles, plant and machinery, agricultural and non-agricultural land.