📢 Bank E-Auction Property Notice 📢

🏡 Spacious 2 BHK Residential Apartment for Sale in Pallikaranai

An excellent investment opportunity to acquire a spacious residential apartment through a bank foreclosure e-auction. Located in the highly developing and well-connected residential hub of Sai Baba Nagar, Pallikaranai, Chennai, this property offers competitive pricing for immediate investment consideration.

📌 Property Details

📍 Location: Plot No. 39, Sai Baba Nagar, Pallikaranai, Chennai

🏢 Apartment Name: Sudharshan Sayee Apartment

🏗️ Structure: Flat No. F-1, First Floor (In a G+3 Building)

📐 Built-up Area: 1086 sq. ft.

🌾 Undivided Share (UDS): 435 sq. ft.

⏳ Age of Building: ~6 Years Old (Approx.)

🧭 Facing: North-facing

🛣️ Road Width: Wide 30 feet road

🚗 Parking: Dedicated covered car parking space

🛗 Elevator: Lift facility available

🌅 Additional Feature: Balcony included

⚠️ Possession Status: Occupied (Buyers are advised to conduct independent due diligence regarding legal possession procedures)

💰 Auction Pricing & Financials

📉 Starting Price: ₹41,34,000

💵 Earnest Money Deposit (EMD): ₹4,13,400

📈 Bid Increment: ₹50,000

🗓️ Important Auction Schedule 📅 Last Date for EMD Submission: On or before 29/05/2026 🔨 Online Auction Date: 30/05/2026

⚠️ Strict Payment Terms 📝 EMD Payment: Must be deposited on or before 29/05/2026 to successfully participate in the bidding process. ✔️ Initial Payment: 15% of the total winning bid amount must be paid within 24 hours of winning the auction. ✔️ Balance Payment: The remaining 75% of the bid amount must be settled within 15 days.

📞 Authorized Contact Information

This auction is authorized and managed by Chennai Asset Recovery Pvt. Ltd. Please reach out through the official channels below for legal documentation review, site identification guidelines, and auction registration assistance:

📱 Mobile: +91 90879 41000 | +91 98400 35057 ☎️ Landline: 044-42620608 🌐 Official Website: www.chennaiassetrecovery.com