📢 BANK E-AUCTION PROPERTY INVESTMENT OPPORTUNITY

Chennai Asset Recovery Pvt. Ltd. is managing the bank e-auction of two individual residential apartments located in JB Homes at Jothi Nagar, Kelambakkam, Chennai. The properties are situated in an established G+2 building (approx. 12 years old) on a 20ft wide road. A prime landmark is that the building sits just 200 meters from the Canara Bank Branch on the main Kelambakkam-Kovalam Road.

⚠️ Please note that both properties are being sold under "Possession: Occupied" status (sold with existing occupants).

🏠 Property 1: Flat F-1 (1st Floor)

• Configuration: 2 BHK | East-Facing 🧭

• Area: 895 Sq.ft (Built-up) | 375 Sq.ft (UDS) 📐

• Parking: Covered Car Parking 🚗

• New Price: ₹39,00,000/- (Reduced from ₹40,30,000/-) 📉

• EMD Amount (10%): ₹3,90,000/- 💵

• Bid Increment: ₹50,000/- 📈

🏠 Property 2: Flat F-2 (1st Floor)

• Configuration: 2 BHK | South-Facing 🧭

• Area: 750 Sq.ft (Built-up) | 300 Sq.ft (UDS) 📐

• Parking: Covered Car Parking 🚗

• New Price: ₹32,00,000/- (Reduced from ₹33,75,000/-) 📉

• EMD Amount (10%): ₹3,20,000/- 💵

• Bid Increment: ₹50,000/- 📈

⏳ Auction Timeline & Payment Terms

• 📅 Last Date for EMD Submission: 22/07/2026

• 🔨 Auction Date: 23/07/2026

• 👉 Immediate Payment: If you win, pay 15% of the bid amount within 24 hours of auction completion.

• 👉 Final Settlement: Balance 75% must be cleared within 15 days.

📞 Contact & Inquiries

• Authorized Agency: Chennai Asset Recovery Pvt. Ltd.

• 📲 Mobile: 90879 41000 | 98400 35057

• ☎️ Landline: 044-42620608