Flat for auction Sithalapakkam Chennai 14 lakh ICICI Bank

This residential flat is located in Sithalapakkam, Chennai, Tamil Nadu. The property is being auctioned by ICICI Bank under the SARFAESI Act. It presents a great opportunity for homebuyers and investors looking for property in this developing area of Chennai. The flat offers a comfortable living space and is situated in a well-connected locality. Further details regarding the specific dimensions, amenities, and condition of the flat will be available in the official auction documents. This is a chance to acquire a residential property through a transparent banking auction process.

ICICI Bank is conducting a SARFAESI auction for a residential flat in Sithalapakkam, Chennai, Tamil Nadu. The auction will take place on November 25, 2025, from 10:30 AM to 11:30 AM. The reserve price for this property is ₹13,50,000, with an Earnest Money Deposit (EMD) of ₹1,35,000 required to participate. This auction provides a legal and straightforward method for acquiring the property. Prospective bidders are advised to review all auction terms and conditions, along with the detailed property particulars, before submitting their bids. Ensure all necessary documentation is in order prior to the auction date.

The property is a relatively small flat in Chennai, offered at a reasonable price. While the location is decent, the modest size may limit appreciation. This presents a calculated opportunity for budget-conscious buyers familiar with the local market.