📢 Bank E-Auction Property

📍 Porur – Alappakam (Govindappa Naickar Street)

A 1 BHK residential flat located in Anbu Illam Apartment, an approximately 10-year-old building. The property is at Door No. 31, Flat G-2, situated on the Ground Floor (G+2).
The flat has a built-up area of 481 sq.ft with UDS of 250 sq.ft, is East facing, and lies on a 20 ft wide road. It offers bike parking facility and the possession is currently occupied.

💰 Price & Deposit

The property carries a reserve price of ₹22,48,000. The EMD amount is ₹2,25,000, and the minimum bid increment is ₹10,000.

🗓 Auction Details

The last date for EMD submission is 16-12-2025, and the auction is scheduled on 17-12-2025.

💡 Payment Terms After Winning

✔ 15% of the bid amount must be paid within 24 hours of auction completion
✔ The remaining 75% must be paid within 15 days