Housing and Urban Development Corporation Ltd. (HUDCO) hereby notifies the public that it proposes to sell 3 flats owned by HUDCO in Chennai through e-Auction.
Property Details
| Property Address | Plinth Area (Sq. Ft) / UDS (Sq. Ft) | Reserve Price (₹) | EMD (₹) |
|---|---|---|---|
| Flat No. A2/8, Second Floor, SAF Games Village, Koyambedu, Chennai – 600 107 | 1936.8 / 1086.76 | 1,86,72,640 | 18,67,264 |
| Flat No. B6/4, First Floor, SAF Games Village, Koyambedu, Chennai – 600 107 | 1452.6 / 936.12 | 1,53,15,487 | 15,31,548 |
| Flat No. B6/8, Second Floor, SAF Games Village, Koyambedu, Chennai – 600 107 | 1452.6 / 936.12 | 1,53,15,487 | 15,31,548 |
Earnest Money Deposit (EMD) must be paid through the e-Nivida portal of RailTel.
Last date & time for EMD submission: 16.10.2025 at 16:00 hours
Date: 17.10.2025
Time: 11:00 AM to 1:00 PM
Auto-extension of 10 minutes will continue until the sale is completed.
Properties are sold strictly as mentioned in Official Notice basis.
No property will be sold below the Reserve Price.
The e-auction will be conducted by HUDCO’s approved service provider RailTel Corporation of India Ltd. via the portal https://hudcoauction.enivida.com.
Participation Charges (payable to RailTel):
Registration fee: ₹2,500/- + GST (per year). Exempted if registered within the last 12 months.
Auction processing fee: ₹15,000/- + GST (per event/flat).
EMD is 10% of the Reserve Price, payable only via https://hudcoauction.enivida.com
Bids must be submitted online only in the prescribed format along with relevant documents.
Training for bidders will be provided by RailTel. For assistance, contact:
Shri Gagan: 84482 88987
Shri Chaitanya: 84482 88985
Shri Nitin: 84482 88986
Smt. Sujatha: 84482 88989
HUDCO Contact: Smt. G. Anuradha, Senior Manager (Sect.), Mobile: 82482 61351.
Payment Terms for Successful Bidder:
20% of the bid amount (adjusting EMD) within 7 days.
Remaining 80% within 45 days of the auction.
Failure to pay will result in forfeiture of deposits.
EMD of unsuccessful bidders will be refunded within 45 days of sale confirmation.
Inspection of properties will be held on 07.10.2025 from 11:00 AM to 1:00 PM.
All transfer charges including stamp duty, registration, and preparation of sale deed are to be borne by the purchaser.
To the best knowledge of HUDCO, the properties are free of encumbrances, but bidders must make independent due diligence.
Bids without EMD or below Reserve Price will be rejected.
HUDCO reserves the right to cancel, postpone, accept, or reject any/all bids without assigning reasons.
Authorized Officer
HUDCO Regional Office, Chennai