Shop for Auction Mylapore Cathedral Garden Road Gn Chetty Road Chennai 21.9 Lakh by Bank of Maharashtra 29 Jun 2026
Mylapore, Cathedral Garden Road, GN Chetty Road, Chennai
Area: 166.0 Sq. ft.
Door No. 129, Shop No.302, 3rd Floor, Plaza Centre, Mylapore, Cathedral Garden Road, GN Chetty Road, Chennai-600006
Bank of Maharashtra · Asset Recovery Branch
Reserve price
₹21,87,000
EMD ₹2,18,700
Auction date
29 Jun 2026, 11:00 AM
Auction notice
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Quick read
- ▸Possession: Symbolic
- ▸Area: 166.0 Sq. ft.
- ▸Locality: Mylapore, Cathedral Garden Road, GN Chetty Road
- ▸Reserve: ₹21,87,000
- ▸EMD: ₹2,18,700
Auction snapshot
| Possession | Symbolic |
| Property type | Commercial Shop · Commercial |
| Locality | Mylapore, Cathedral Garden Road, GN Chetty Road |
| Built-up / plot area | 166.0 Sq. ft. |
| Lender | Bank of Maharashtra |
| Branch | Asset Recovery Branch |
| Unit / flat no. | Shop No.302, Door No. 129 |
| Building / society | PLAZA CENTRE |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹20,000 |
| Service provider | BAANKNET |
About this property
Commercial Shop bank auction in Mylapore, Cathedral Garden Road, GN Chetty Road, Chennai by Bank of Maharashtra — reserve price ₹21,87,000, 166.0 Sq. ft., Symbolic possession.
Discover a prime commercial shop for sale through bank auction in the bustling Mylapore area of Chennai. This 166 Sq. ft. built-up area shop, Shop No.302 on the 3rd floor of PLAZA CENTRE, offers an excellent investment opportunity. Situated on Cathedral Garden Road, GN Chetty Road, Chennai-600006, the property boasts a strategic location. The auction has a reserve price of ₹21,87,000 and an EMD of ₹2,18,700. Bidding starts at ₹20,000 increment. Property inspection is available from June 22nd to June 25th, 2026, with the e-auction scheduled for June 29th, 2026, from 11:00 AM to 01:00 PM. Seize this bank auction property opportunity in a high-demand commercial zone.
GeoSquare note: This commercial shop in Mylapore, Chennai, presents a strong investment opportunity due to its prime location in a high-demand area. The reserve price of ₹21.87 Lakhs for 166 Sq. ft. is competitive for the locality. While the possession status is symbolic, the absence of known encumbrances adds to its appeal, making it a potentially profitable asset for businesses or investors.
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