How Clasly works
How Clasly works, in three steps
1. Where listings come from
Every listing comes from a public source: e-auction platforms used by public sector banks, the IBBI's liquidation auction notices, the Debts Recovery Tribunals' notices, and government and industrial development portals. Each source is checked against its own terms before we read it, and every listing names its source and links to the seller's page.
The sources page lists each source, when we last read it successfully and how many of its auctions are open.
2. How fresh it is
Sources are read several times a day, more often as auction dates approach. Each listing shows when we last confirmed it at its source. If a listing has not been confirmed for more than a day, it is marked in amber so you know to check the source first.
When a seller postpones or cancels a sale, the listing changes status at the next check, and its history shows what changed, including reserve price cuts with the before and after amounts. Court stays show only when a source publishes them, and none does yet: check the source and the authorised officer before you bid. Auctions move to “ended” after their date, and resolved listings are archived and taken off the public site.
3. How each listing is placed on the map
Notices describe property in many ways, from exact coordinates to only a district. Clasly never pretends to know more than the notice says: a triangle mark means an exact location; a shaded circle means the property is somewhere inside that area.
| Precision | How we know |
|---|---|
| Exact buildingExact mark | The notice printed precise coordinates (a few metres), two or more property photos carry GPS stamps that agree, or Clasly staff checked the point by hand. Printed points and stamps are used only once they agree with the pincode or the district. |
| StreetExact mark | The notice printed coordinates to about 10 to 30 metres or a plus code, one property photo carries a GPS stamp, or staff checked the point to about a street. Each is checked against the pincode or the district first. |
| Approximate: localityApproximate area | Placed in its locality, or the notice printed coordinates only to about 100 metres; the property is somewhere inside. |
| Approximate: villageApproximate area | Placed in its village from the village directory. |
| Approximate: pincode areaApproximate area | Placed by the pincode's post offices. |
| Approximate: talukApproximate area | Only the taluk or tehsil is known. |
| Approximate: districtApproximate area | Only the district is known. |
India's national, state and district boundaries on our maps come from Survey of India data; the basemap's own boundaries are always removed.
4. What we show about people
Clasly is organised around properties, never around people. Pages, titles, links and search never use a borrower's or company debtor's name. Statutory notices do name the parties; those names, exactly as the notice prints them, and the notice documents are shown only to signed-in users for due diligence, and are removed when the sale is resolved.
If a listing is wrong or should not be public, report it. The grievance officer acknowledges reports within 48 hours.
5. What Clasly does not do
- It does not run auctions, take bids or hold earnest money (EMD). You bid on the seller's platform and pay the seller.
- It does not verify title, dues, encumbrances or possession. Confirm every detail with the seller's authorised officer.
- It does not give legal advice or take fees from advocates.
- It does not charge a buyer's premium on any sale.