Flat for auction 9 BAGAVATH SINGH NAGAR, Madavaram, Chennai by GIC Housing Finance Ltd.

This residential property is a flat situated in Madavaram, a prominent locality in Chennai, Tamil Nadu. Madavaram offers good connectivity to other parts of the city and is equipped with essential amenities. The property is ideal for individuals or families looking for a home in a developing urban area. As this is a bank auction, it presents a straightforward acquisition process. The specific details of the flat, such as size, number of rooms, and floor, would be available in the detailed auction notice. The property is being auctioned by GIC Housing Finance Ltd. under the SARFAESI Act.

GIC Housing Finance Ltd. is conducting a SARFAESI auction for a residential flat located in Madavaram, Chennai. This is an excellent opportunity to acquire a property in a well-connected area. The reserve price is ₹10,715,825.00, with an Earnest Money Deposit (EMD) of ₹1,071,582.00 required to participate. The auction will take place on September 24, 2025, with bidding open from 03:00 PM to 04:00 PM. This is a bank auction, offering a chance to own a property directly from the financial institution. The property was originally mortgaged by PRAGADEESWARI M.