📢 Bank E-Auction Property

📍 Adyar – 3rd Main Road, Kasturba Nagar

A 2 BHK residential apartment located in Prem Flats, an approximately 18-year-old building. The property is situated at Door No. 23, Flat No. 13, on the 3rd Floor (G+3).
The flat has a built-up area of 730 sq.ft, with 1/14th UDS share from the total land extent of 2160 sq.ft. It is East facing, located on a 30 ft road, and comes with open parking. The possession is currently occupied.

💰 Price & Deposit

The property has a new reserve price of ₹75,56,000 (revised from the old price of ₹79,00,000). The EMD amount is ₹7,60,000, and the minimum bid increment is ₹50,000.

🗓 Auction Details

The last date for EMD submission is 09-12-2025, and the auction will be held on 11-12-2025.

💡 Payment Terms After Winning

✔ 15% should be paid within 24 hours of auction completion
✔ Remaining 75% must be paid within 15 days