Flat for auction - Manohar Nagar, Sholinganallur, Kanchipuram by HDFC

This exceptional residential flat, located in the well-connected area of Sholinganallur, Kanchipuram, Tamil Nadu, offers a promising prospect for first-time property buyers. Situated in 'Krish Basil', this flat boasts a plinth area of 738 sq. ft. (68.56 Sq.Mtr.), along with 388 sq. ft. (36.04 Sq.Mtr.) of undivided land share. The property is strategically positioned on the second floor and includes the added convenience of a covered car parking space on the stilt floor. Its location in Manohar Nagar, Pallikaranai, provides access to essential amenities and infrastructure, making it an attractive residential choice. The property's proximity to key areas and its potential for appreciation in the burgeoning real estate market of Kanchipuram district underscore its investment value. Buyers should conduct thorough inspections to appreciate the property's current condition and explore its potential for personalization and enhancement.

This SARFAESI auction presents a compelling opportunity to acquire a residential flat located in Sholinganallur, Kanchipuram, Tamil Nadu, offered by HDFC Bank. The property, with a reserve price of ₹65,70,000 and an Earnest Money Deposit (EMD) of ₹6,57,000, is scheduled for auction on February 20, 2025, from 3:15 PM to 3:45 PM. Prospective buyers are required to submit their applications by February 19, 2025, 5:00 PM. This process, managed by Public Auction, is a streamlined method for acquiring bank-repossessed assets. It is crucial for new buyers to understand that participation involves depositing the EMD and adhering to the specified timeline. Thorough due diligence on the property's legal status, physical condition, and market value is highly recommended before bidding. For any queries, interested parties can reach out to the provided contact numbers: 9940305869, 9884033193, 9841003226, 9840179000. Familiarizing yourself with the auction terms and conditions is paramount for a successful transaction.