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Ambattur (Indian Bank Colony) {Lower Canal Road 4th cross street}

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Description

🏦 BANK E-AUCTION PROPERTY

πŸ“ Location: Ambattur
(Indian Bank Colony)
Lower Canal Road 4th Cross Street

🚏 Near Ambattur OT Bus Stand – Approx. 1.1 Km

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🏒 RESIDENTIAL APARTMENT
Arun Laxmium Flats
(Approx. 16 Years Old Building)

πŸ”Ή Plot No: 17C
πŸ”Ή Flat No: 10
πŸ”Ή Floor: First Floor
πŸ”Ή Building Structure: Ground + 1 Floor

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πŸ“ Property Details

🏠 Type: 2 BHK

πŸ“ Built-Up Area: 927 Sq.ft

πŸ“ UDS: 396 Sq.ft

🌐 Total Land Extent: 3591 Sq.ft

🧭 Facing: East

πŸš— Parking: Dedicated Car Parking

πŸ›£οΈ Road Width: 20 Feet

πŸšͺ Possession: Occupied

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✨ Property Highlights

βœ”οΈ Well-maintained residential apartment in a prime Ambattur locality

βœ”οΈ East-facing unit with good ventilation and natural lighting

βœ”οΈ Located in a peaceful residential neighbourhood

βœ”οΈ Spacious 2 BHK layout suitable for families

βœ”οΈ Dedicated car parking facility available

βœ”οΈ Good rental demand and future appreciation potential

βœ”οΈ Easy access to schools, hospitals, banks, supermarkets and public transport

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πŸ“ Location Advantages

🚏 Ambattur OT Bus Stand – 1.1 Km

🏫 Close to reputed schools and educational institutions

πŸ₯ Easy access to hospitals and healthcare centres

πŸ›’ Near supermarkets, retail outlets and daily conveniences

πŸ›£οΈ Excellent connectivity to Ambattur Industrial Estate, Anna Nagar, Mogappair and other major parts of Chennai

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πŸ’° Auction Details

πŸ’΅ Reserve Price: β‚Ή41,00,000

πŸ” EMD Amount: β‚Ή4,10,000

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πŸ—“οΈ Auction Schedule

πŸ“… Last Date for EMD Submission: 14.06.2026

πŸ”¨ Auction Date: 15.06.2026

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⚠️ Payment Terms

πŸ“ EMD must be paid on or before 14.06.2026 to participate in the auction

βœ”οΈ 15% of the successful bid amount to be paid within 24 Hours of auction confirmation

βœ”οΈ Remaining 75% to be paid within 15 Days from confirmation of sale

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πŸ“ž Authorized By
Chennai Asset Recovery Pvt. Ltd.

πŸ“± 90879 41000 | 98400 35057

☎️ 044-42620608

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🌟 An excellent opportunity to own a spacious East-facing 2 BHK apartment in the rapidly developing Ambattur locality. With dedicated car parking, substantial UDS, strong connectivity, and proximity to Ambattur OT Bus Stand, this property is ideal for both end-users and investors looking for long-term value appreciation and rental income potential. πŸ‘πŸ’Ό

Overview

Location Ambattur (Indian Bank Colony) {Lower Canal Road 4th cross street}
Starting Price 41,00,000
Build up 927
UDS 396
BHK 2
Total Floors 1
Property on the floor first floor
Parking Covered
Age of the property 16
Auction Date June 15, 2026
EMD Date June 14, 2026
EMD price 410000
Facing EAST
Property Status Occupied

Location

Agent Info

chennaiassetrecovery

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