🏠 Bank E-Auction Property – Maraimalai Nagar (Bharathiyar Street, NH-1)

A great rental income–generating property located in the fast-developing area of Maraimalai Nagar, just 350 meters from Maraimalai Nagar Railway Station.
This land and building property consists of 6 individual portions, ideal for steady rental returns or mixed-use development.
Built on Plot No.265, the site spans 2,835 sq.ft of land with an approximate built-up area of 5,000 sq.ft, featuring car parking, north-facing orientation, and 24 ft road frontage.
The building is approximately 18 years old and currently occupied, ensuring continuous rental income potential.

💰 Reserve Price: ₹1,80,00,000
🔹 EMD Amount: ₹18,00,000 (10%) – Due by 27 Oct 2025
🔹 Auction Date: 28 Oct 2025 | Bid Increment: ₹50,000
🔹 If you win the bid, pay 15% within 24 hours of auction completion.
🔹 Balance 75% payment: Within 15 days of confirmation

📞 Chennai Asset Recovery Pvt. Ltd

📍 Prime rental income property near Maraimalai Nagar Railway Station – perfect for investors seeking steady returns!