📢 BANK E-AUCTION PROPERTY
📍 Perumanttunallur
(LSS Vijay Avenue)
Near Velammal Vidhyashram School – Prime On-Road Property
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🏢 SPACIOUS 2 BHK APARTMENT
(Approx. 10 Years Old Building)
📍 Flat No: D-1
🏢 First Floor
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📐 Property Highlights
🔹 Built-up Area: 1195 Sq.ft
🔹 UDS: 404 Sq.ft
🔹 Total Land Extent: 8232 Sq.ft
🔹 Facing: East
🔹 Covered Car Parking Available
🔹 Lift Provided (Currently Not Working)
🔹 Ground + 2 Floors Structure
🔹 Entire Ground Floor Reserved for Parking
🔹 24 Feet Wide Road Access
🔹 Occupied Possession
🔹 Well-Developed Residential Location
🔹 Close to Velammal Vidhyashram School
🔹 Excellent Connectivity to Guduvanchery, Vandalur & GST Road
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💰 PRICE ADVANTAGE
💵 Reserve Price: ₹30,60,000
💵 Previous Price: ₹34,00,000
💸 Price Reduction: ₹3,40,000
🔐 EMD (10%): ₹3,06,000
📈 Bid Increment: ₹50,000
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🗓 AUCTION DETAILS
📅 Last Date for EMD Submission: 06.06.2026
🔨 E-Auction Date: 08.06.2026
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⚠️ PAYMENT TERMS
✔️ EMD must be remitted on or before 06.06.2026 to participate in the auction.
✔️ Successful bidder must pay 15% of the bid amount within 24 hours of auction confirmation.
✔️ Balance 75% amount to be paid within 15 days as per auction terms.
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🌟 WHY CONSIDER THIS PROPERTY?
✅ Large 1195 Sq.ft 2 BHK Apartment
✅ East Facing Unit
✅ Covered Car Parking
✅ Located in a Fast-Growing Residential Zone
✅ Near Reputed Educational Institutions
✅ Attractive Reserve Price Compared to Market Value
✅ Suitable for End Use or Long-Term Investment
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📞 Authorized By
Chennai Asset Recovery Pvt. Ltd.
📱 90879 41000 | 98400 35057
☎️ 044-42620608
Bank Auction Opportunity – Verify Legal Documents, Occupancy Status, Outstanding Dues, and Physical Property Condition before participating in the auction.
