Representative illustration — Commercial Shop bank auction in Bhilai
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Fair Option

Shop for Auction Bhilai Durg 55.1 Lakh by Bank of Maharashtra 16 Jun 2026

Bhilai, Durg

Area: 470.58 Sq. ft.

Commercial Shop No 125 & 126, Block No 33 & 33(part), Chouhan Shivnath Estate

Bank of Maharashtra · Zonal Office

Reserve price

₹55,05,786

EMD ₹5,50,600

Auction date

16 Jun 2026, 01:00 PM

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Quick read

  • Possession: Symbolic
  • Area: 470.58 Sq. ft.
  • Locality: Bhilai
  • Reserve: ₹55,05,786
  • EMD: ₹5,50,600

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityBhilai
Built-up / plot area470.58 Sq. ft.
LenderBank of Maharashtra
BranchZonal Office
Unit / flat no.125 & 126
Building / societyChouhan Shivnath Estate
FloorGround Floor
Auction typeSARFAESI Auction
Bid increment₹25,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Bhilai, Durg by Bank of Maharashtra — reserve price ₹55,05,786, 470.58 Sq. ft., Symbolic possession.

Seize the opportunity to own a commercial shop in Bhilai, Durg, Chhattisgarh through a bank auction property. This commercial shop for sale, located in Chouhan Shivnath Estate, offers 470.58 sq. ft. of space on the Ground Floor. The e-auction, conducted by Bank of Maharashtra, features a reserve price of ₹5505786.0 and an EMD of ₹550600.0. Don't miss out on this promising investment in a prime location. With symbolic possession, this commercial shop in Bhilai awaits its new owner.

GeoSquare note: The property is a commercial shop in Bhilai, offered at a reserve price of ₹5505786.0 with symbolic possession. While the location is reasonably good, the symbolic possession and the auction process introduce some level of uncertainty. Considering these factors, it is a fair option with moderate investment appeal.

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