Land and Building for Auction Teynampet Chennai 2.4 Crore by State Bank of India
Teynampet, Chennai
Area: 2290.0 sq.ft
Door No.36, Cathedral Road, Chennai-600 086
State Bank of India · Stressed Assets Management Branch, Chennai
Reserve price
₹2,38,00,000
EMD ₹23,80,000
Auction date
03 Aug 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 2290.0 sq.ft
- ▸Locality: Teynampet
- ▸Reserve: ₹2,38,00,000
- ▸EMD: ₹23,80,000
Auction snapshot
| Possession | Physical |
| Property type | Land And Building · Residential |
| Locality | Teynampet |
| Built-up / plot area | 2290.0 sq.ft |
| Lender | State Bank of India |
| Branch | Stressed Assets Management Branch, Chennai |
| Unit / flat no. | 2nd floor portion |
| Building / society | Khazana plaza |
| Floor | 2nd floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹2,00,000 |
| Service provider | BAANKNET |
About this property
Land And Building bank auction in Teynampet, Chennai by State Bank of India — reserve price ₹2,38,00,000, 2290.0 sq.ft, Physical possession.
Discover a prime bank auction property: a spacious 2nd-floor office space for sale in the renowned 'Khazana Plaza' on Cathedral Road, Teynampet, Chennai. This commercial unit, admeasuring 2290 sq.ft, offers an excellent investment opportunity in a bustling business district. Offered by State Bank of India, the property boasts physical possession and no known encumbrances, making it a secure acquisition. The e-auction, featuring a reserve price of ₹2,38,00,000 and an EMD of ₹2,380,000, is scheduled for August 3, 2026. Don't miss this chance to acquire a premium commercial property in Chennai through a transparent bank auction.
GeoSquare note: This is a highly attractive commercial property in the prime Cathedral Road area of Teynampet, Chennai. The physical possession and absence of encumbrances significantly de-risk the investment. With a competitive reserve price for a 2290 sq.ft office space in a 'Khazana Plaza' building, it presents a strong opportunity for investors or businesses seeking a strategic location. The upcoming auction date in 2026 provides ample time for due diligence.
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