Flat for auction 1 Sub Reg District of Anna Nagar, Anna, Chennai by LIC Housing Finance

Prospective homebuyers have a unique opportunity to acquire a desirable residential flat located in the highly sought-after Anna Nagar area of Chennai, Tamil Nadu. This first-floor apartment, Flat No. F-1, is part of the well-regarded 'JC Swathi Manor' building. Spanning a generous 1062 Sq. Ft. (inclusive of common area), the property offers ample living space, complemented by the convenience of an exclusive covered car park in the stilt floor. Situated at Plot No. 96, Loco Scheme 1st Road, Chennai 600 082, this flat boasts a valuable Undivided Share (UDS) of 453 Sq. Ft. The Anna Nagar location is renowned for its excellent connectivity, robust social infrastructure, and proximity to essential amenities like educational institutions, healthcare facilities, and commercial hubs, making it an ideal choice for families or individuals seeking a premium urban lifestyle. This presents an excellent proposition for both self-occupancy and investment purposes, given the consistent appreciation potential in a prime locality like Anna Nagar.

This property is being offered through a SARFAESI e-auction conducted by LIC Housing Finance Ltd, presenting a streamlined and transparent acquisition process for new buyers. The auction is scheduled for July 23, 2025, commencing at 11:00 AM and concluding at 01:00 PM. To participate, interested bidders must submit their applications by July 22, 2025, 05:00 PM. A Reserve Price of INR 6,175,000.00 has been set, and bidders are required to deposit an Earnest Money Deposit (EMD) of INR 617,500.00. The e-auction will be facilitated by Auctionbazaar. It is strongly advised that prospective bidders conduct thorough due diligence, including physical inspection of the property and verification of all relevant documents available via the sale notice URL: https://www.eauctionsindia.org/storage/properties/LIC17519602162376.pdf. For any queries or assistance, prospective bidders can contact Mr. V.P. Balaji or Mr. S. Nagarajan at 9445948890/9791899777. Understanding these key steps is crucial for a successful bank auction participation.