2 BHK Flat in Velachery
Flat 304, Lakefront Residency, Velachery, Chennai, Tamil Nadu
Reserve Price
72.00 L
98.00 L
Asset Overview
2 BHK apartment close to IT corridor with covered parking.
Area
980
sq ft
Bedrooms
2
BHK
Bathrooms
2
bath
Price/sq ft
7,347
INR
Legal & Banking Details
SARFAESI Act Advisory
This listing is published under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Confirm EMD amount, encumbrance status, possession stage, and inspection schedule directly with the issuing branch before bidding.
Source & Verification
Listing Provenance
This apartment in Chennai, Tamil Nadu was sourced from an official SARFAESI notice published by State Bank of India (Velachery Branch branch). The property carries a reserve price of 72.00 L against a market benchmark of 98.00 L, representing a 27% differential. Possession is currently symbolic. The auction is scheduled for 21 April 2026 at 10:30 AM. Prospective bidders should independently verify all details, including encumbrance status and EMD requirements, with the issuing branch before participation.