Flat for auction SF2 Porur Villa, Ambattur, Tiruvallur by LIC Housing Finance

Discover an exceptional opportunity for aspiring homeowners with this promising flat, Flat No.SF2, situated on the Second Floor within the tranquil yet well-connected Porur Village. This residential asset offers a comfortable living space spanning 820.34 Sq. Ft., inclusive of common areas, ensuring ample room for modern living. A significant advantage is the inclusion of a dedicated covered car parking space in the Stilt Floor, a valuable amenity in urban settings. The property also comes with a 450 Sq. Ft. undivided share of land, underscoring a tangible stake in the underlying asset. Strategically located in Ambattur Taluk, Tiruvallur District, this flat benefits from its proximity to a 24-Feet wide Panchayat Road and the Panchayat Office Building, suggesting good local infrastructure and accessibility. Being part of the Chennai South and Kundrathur registration districts further enhances its appeal, positioning it as an ideal investment for new property buyers seeking a blend of convenience, potential appreciation, and a peaceful residential environment.

Prospective bidders interested in acquiring this property should note the structured and transparent nature of this SARFAESI e-auction, facilitated by LIC Housing Finance Ltd. The auction for this flat is scheduled for July 23, 2025, commencing at 11:00 AM and concluding at 01:00 PM. A competitive reserve price of INR 6,175,000.00 has been set, making this an attractive entry point for first-time auction participants. To participate, a refundable Earnest Money Deposit (EMD) of INR 617,500.00 is required, which must be submitted before the application deadline of July 22, 2025, 05:00 PM. We strongly advise all potential buyers to conduct thorough due diligence, including property inspection and legal verification, prior to the auction. For any clarifications regarding the process or property details, please contact Mr. V.P. Balaji or Mr. S. Nagarajan at 9445948890 / 9791899777. Adhering to these deadlines and procedures is crucial for a successful bidding experience.