Property Type:
Location:
Auction Date:Auction Details
Recommendation:Strong BuyScore: 7.8
Auction ID:612849
Bank Name:ICICI Bank
Branch Name:chennai
Reserve Price:₹99,50,000
EMD:₹9,95,000
Auction Time:10:30 AM to 11:30 AM
Service Provider:matex.net
Important Dates
Submission Date:2025-12-11
Bid Start Date:2025-12-12
Property Description
A residential flat located in the well-connected area of Semmencherry, Chennai, Tamil Nadu. This property is being auctioned by ICICI Bank under SARFAESI regulations. It presents a great opportunity for individuals or families looking to own a home in a developing part of Chennai. The flat offers comfortable living spaces and is situated in a locality with growing amenities and infrastructure.
State:Tamil Nadu
City:Chennai
Area:Semmencherry
Asset Category:Residential
Full Address:12A02, KG Chandravista, Flat No.12A02, 13th Floor, Block-A, KG Chandravista, OMR, Opp to Sathyabama University, Semmanchery Chennai-600119, Semmencherry, Chennai
Building/Society:KG Chandravista
Size:1492 Sq.ft.
Auction Description
This is a SARFAESI auction conducted by ICICI Bank for a residential flat in Semmencherry, Chennai. The auction will commence on December 12, 2025, at 10:30 AM and conclude at 11:30 AM on the same day. The reserve price is set at ₹99,50,000, with an Earnest Money Deposit (EMD) of ₹9,95,000 required to participate. This auction provides a transparent and competitive platform for interested buyers to acquire the property.
Borrower Name:Mr. Sahil Kumar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Physical
Encumbrance Details:Not Known to Bank
Why This Property
The property is well-located in Semmencherry, Chennai, near a university, making it appealing for families and students. The flat's size and location support a 'Strong Buy' recommendation, given the reserve price. The auction terms seem reasonable, providing a good investment opportunity.
Contact Details
Branch:Branch Office : chennai
Service Provider:matex.net
Contact Details:
Contact no:7550214251
