Flat for auction Ambattur Chennai 25 lakh Edelweiss Asset Reconstruction Company Limited

Edelweiss Asset Reconstruction Company Limited presents a residential flat for auction in the bustling Ambattur area of Chennai, Tamil Nadu. This property, previously associated with M/S. Golden Bay Resorts, offers an excellent opportunity for buyers seeking a home in a well-connected urban locale. Ambattur is known for its industrial and commercial significance, providing ample amenities and infrastructure for a comfortable living experience. The flat is categorized under residential assets, making it suitable for individual homeowners or investors.

This is a SARFAESI auction conducted by Edelweiss Asset Reconstruction Company Limited for a residential flat located in Ambattur, Chennai. The auction will commence on November 19, 2025, at 12:00 PM and conclude at 01:00 PM on the same day. The reserve price for this property is set at INR 25,00,000, with an Earnest Money Deposit (EMD) of INR 2,50,000 required to participate. Prospective bidders are advised to review all auction terms and conditions and conduct their due diligence before participating.

The property is a residential flat in Ambattur, Chennai, offered at a reasonable reserve price. While the location is decent, the auction terms are standard, presenting a calculated opportunity for potential buyers. Further due diligence is recommended before bidding.