Shop for Auction Teynampet Chennai 19 Lakh by Edelweiss Asset Reconstruction Company Limited
Teynampet, Chennai
Area: 171 sq. ft.
Shop No. 131, First Floor, Plaza Centre, Door No. 128, Old No. 47, G.N. Chetty Road, Teynampet, Chennai 600 006
Edelweiss Asset Reconstruction Company Limited · mumbai
Reserve price
₹19,00,000
EMD ₹1,90,000
Auction date
18 Aug 2026, 11:30 AM
Auction notice
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Quick read
- ▸Possession: Physical
- ▸Area: 171 sq. ft.
- ▸Locality: Teynampet
- ▸Reserve: ₹19,00,000
- ▸EMD: ₹1,90,000
Auction snapshot
| Possession | Physical |
| Property type | Commercial Shop · Commercial |
| Locality | Teynampet |
| Built-up / plot area | 171 sq. ft. |
| Lender | Edelweiss Asset Reconstruction Company Limited |
| Branch | mumbai |
| Unit / flat no. | Shop No. 131 |
| Building / society | Plaza Centre |
| Floor | First Floor |
| Auction type | SARFAESI Auction |
| Service provider | edelweiss arc |
About this property
Commercial Shop bank auction in Teynampet, Chennai by Edelweiss Asset Reconstruction Company Limited — reserve price ₹19,00,000, 171 sq. ft., Physical possession.
Explore this prime commercial shop for sale via bank auction located in the prestigious 'Plaza Centre' on G.N. Chetty Road, Teynampet, Chennai. This commercial property spans 171 sq. ft. on the first floor and comes with an undivided share of land. Situated in a highly accessible area of Chennai, this bank auction property offers a lucrative investment opportunity for business owners and investors looking for commercial space in a central business district. The auction is conducted by Edelweiss Asset Reconstruction Company Limited. With a reserve price of ₹19,00,000 and physical possession status, this shop is an ideal asset for long-term growth. Don't miss the chance to bid on this well-located commercial unit in Teynampet. Register for the e-auction scheduled for 18th August 2026.
GeoSquare note: The property is located in a high-value commercial zone in Teynampet, Chennai, which ensures excellent capital appreciation and rental potential. With physical possession already taken by the bank and a competitive reserve price for the area, this represents a secure and strong investment opportunity.
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