Land for auction 51 Raghupathy Nagar, Alandur, Kanchipuram by LIC Housing Finance

Discover an exceptional opportunity to acquire a well-located residential flat at Flat No. 51, situated on the Second Floor within the vibrant Raghupathy Nagar 5th Street, Nanganallur, Chennai 600 061. This charming property boasts a super built-up area of 700 Sq. Ft., thoughtfully designed to include common areas and amenities, ensuring comfortable living. A significant advantage is the 380 Sq. Ft. of undivided share of land out of 1450 Sq. Ft., offering a tangible asset value. Nanganallur is a highly sought-after residential locality in Chennai, renowned for its peaceful environment, excellent connectivity to major city hubs, and proximity to essential social infrastructure like schools, hospitals, and commercial establishments. This flat presents an ideal investment for new property buyers seeking a ready-to-move-in home in a prime, appreciating area within the Kancheepuram District, Chennai South Registration District.

For prospective buyers considering an advantageous entry into the property market, this SARFAESI auction presents a transparent and structured opportunity through LIC Housing Finance Ltd. The e-auction for this residential flat is scheduled for July 23, 2025, commencing at 11:00 AM and concluding at 01:00 PM, providing a focused bidding window. The property's attractive Reserve Price is set at Rs. 4,085,000.00, with a mandatory Earnest Money Deposit (EMD) of Rs. 408,500.00 required to participate. All applications and EMD submissions must be completed by July 22, 2025, 05:00 PM. Administered by Auctionbazaar, this process ensures professionalism. We highly recommend thorough due diligence, including reviewing the official sale notice available via the provided URL, and contacting Mr. V.P. Balaji or Mr. S. Nagarajan at 9445948890/9791899777 for any clarifications before the submission deadline.