Plot for Auction Teynampet Chennai 47 Lakh by Edelweiss Asset Reconstruction Company Limited
Teynampet, Chennai
Area: 581 sq. ft.
Plaza Centre, Door No. 128, Old No.47, G.N.Chetty Road, Teynampet, Chennai 600 006
Edelweiss Asset Reconstruction Company Limited · mumbai
Reserve price
₹47,00,000
EMD ₹4,70,000
Auction date
18 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Physical
- ▸Area: 581 sq. ft.
- ▸Locality: Teynampet
- ▸Reserve: ₹47,00,000
- ▸EMD: ₹4,70,000
Auction snapshot
| Possession | Physical |
| Property type | Plot · Residential |
| Locality | Teynampet |
| Built-up / plot area | 581 sq. ft. |
| Lender | Edelweiss Asset Reconstruction Company Limited |
| Branch | mumbai |
| Unit / flat no. | Shop No. 126, 129, and 131 |
| Building / society | Plaza Centre |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Service provider | edelweiss arc |
About this property
Plot bank auction in Teynampet, Chennai by Edelweiss Asset Reconstruction Company Limited — reserve price ₹47,00,000, 581 sq. ft., Physical possession.
Explore this prime bank auction property featuring commercial shop spaces (No. 126, 129, and 131) located in the prestigious Plaza Centre on G.N. Chetty Road, Teynampet, Chennai. These first-floor commercial units offer a combined area of approximately 581 sq. ft. in a highly sought-after business locality. This bank auction property is an excellent opportunity for investors and business owners looking for a commercial shop for sale in a central Chennai hub. The auction, conducted by Edelweiss Asset Reconstruction Company Limited, is set for August 18, 2026, with physical possession already secured. Don't miss this chance to acquire valuable commercial real estate in the heart of the city through a transparent e-auction process.
GeoSquare note: The property is located in the highly desirable commercial hub of Teynampet, Chennai, which ensures excellent business visibility and appreciation potential. With physical possession already held by the bank, the transaction is secure, making it a strong choice for commercial investment.
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