New Delhi, Feb. 9 -- Across the country, India's real estate sector is witnessing a full-blown boom, with residential prices climbing sharply in most cities.

Yet, for the discerning and patient homebuyer, even amid sky-rocketing values, there is still hope.

It is possible to buy a 3BHK home at the cost of a 2BHK-by tapping into bank auction properties.

Demand dynamics also play a role. Larger units typically attract fewer buyers due to higher ticket sizes, while 2BHK units see stronger demand and, consequently, higher pricing. This imbalance creates pricing gaps that savvy buyers can exploit.

What is it?

An auction property, also known as a foreclosure or distressed property, is real estate seized by a lender after a borrower default...