π¦ BANK E-AUCTION PROPERTY
π Location: Ambattur
π Address: Indian Bank Colony, Lower Canal Road 4th Cross Street
π Nearby Landmark: Ambattur OT Bus Stand β Approximately 1.1 km
π’ Property Type: Residential Apartment β Arun Laxmium Flats (Approx. 16-Year-Old Building)
π Flat No. 10 is a 2 BHK apartment located on the 1st Floor of a G+1 building. The property has a built-up area of 927 sq.ft., a UDS of 396 sq.ft., and is situated on a total land extent of 3,591 sq.ft. The apartment is east-facing, comes with car parking, has 20-ft road access, and is available with occupied possession.
π° Auction Details:
πΉ Reserve Price: βΉ33,20,000 (Reduced from βΉ41,00,000)
πΉ EMD: βΉ3,32,000
π
Important Dates:
π Last Date for EMD: 29/07/2026
π¨ E-Auction Date: 30/07/2026
π Payment Terms:
βοΈ EMD must be paid on or before 29/07/2026 to participate in the auction.
βοΈ 15% of the successful bid amount is payable within 24 hours after the auction.
βοΈ The remaining 75% must be paid within 15 days as per the auction terms.
π For Property Inspection & Auction Assistance:
π’ Chennai Asset Recovery Pvt. Ltd.
π± 90879 41000 | 98400 35057
βοΈ 044-42620608