People who search for Ashoka Shopping Centre usually want one of two very different things. Some want a place to shop, eat and watch movies, while others want a commercial property in Mumbai through a bank auction. This guide covers both sides, so you can find exactly what you need in one place.
On the leisure side, Ashoka One Mall sits at Kukatpally Y-Junction in Hyderabad, Telangana. It brings fashion brands, restaurants, cafés, a large Decathlon store, INOX Luxe cinemas, gaming and parking under one roof. Family and friends can enjoy shopping, dining and a movie in a single trip.
On the business side, the Mumbai Ashoka Shopping Centre stands on L. T. Road near G. T. Hospital in Fort, CST West, South Mumbai 400001. Piramal Finance Bank auctioned Shop No. 114, a commercial shop on the first floor, while Bank of India auctioned Office No. 82 on the 2nd floor. Both listings now show the auction status as Closed, so treat them as historical auction records, not proof of current availability.
Location of Ashoka Shopping Centre
The Mumbai building sits on L. T. Road, right beside G. T. Hospital in the Fort/CST area. That spot gives any commercial shop easy reach to transport hubs, busy markets and major hospitals in South Mumbai. Office No. 82 falls within the Gokuldas Tejpal Hospital Compound, which connects to Lokmanya Tilak Marg and Carnac Bunder Road.
Public records also back up the building’s commercial presence. Kotak Mahindra Bank lists an address at 13/14, Ashoka Shopping Centre, G.T. Hospital Complex, L.T. Marg, Mumbai 400001. From here, you can quickly reach Chhatrapati Shivaji Maharaj Terminus, Masjid Bunder, Crawford Market, Ballard Estate and Nariman Point.
In Hyderabad, Ashoka One Mall stands at Pillar Number 835, Kukatpally Y-Junction, Telangana 500072, India. Visitors passing through the Kukatpally area can spot it easily and mix shopping, dining and entertainment in a single visit.
Ashoka Shopping Centre Property Details
Shop No. 114 is a Commercial Shop on the 1st Floor of Ashoka Shopping Centre, with L. T. Road in CST West as its Location and G. T. Hospital as the Nearby Landmark. Piramal Finance Bank set the Reserve Price at ₹19,80,000 and the EMD at ₹1,98,000. The auction ran on 28 October 2025 from 11:00 AM to 1:00 PM.
Office No. 82 is a Commercial Office on the 2nd Floor of Ashoka Shopping Centre Premises Co-operative Society Ltd., inside the Gokuldas Tejpal Hospital Compound. Bank of India set a reserve of ₹48,60,000, an EMD of ₹4,86,000 and a Bid Increment of ₹25,000. Its auction ran on 9 July 2026 from 11:00 AM to 5:00 PM.
Neither listing mentions the carpet area or built-up area. My advice is simple: pull these figures from the official sale notice and property documents before any valuation or transaction. A price only makes sense once you know how many square feet you actually get.
Commercial Shop
Fort ranks among the oldest commercial districts in Mumbai. Corporate offices, financial institutions, trading businesses, government establishments and professional firms all run their commercial activities here. That mix gives any Ashoka Shopping Centre office a strong business environment to plug into.
The listing suggests Shop No. 114 can suit retail, an office or a service-related business. Office No. 82 may work for professional practices, consultancy firms, financial services and back-office operations. Still, check the building’s approvals, society documents and local regulations to confirm the permitted use before you purchase.
Bank Auction Details
Two different lenders handled these units at Ashoka Shopping Centre. Piramal Finance Bank ran the Shop No. 114 sale, while Bank of India handled Office No. 82 through its Mumbai South office. With any bank-auction property, the lender’s paperwork matters far more than a third-party listing.
Read the latest official notice for the reserve price, EMD payment instructions, auction dates, possession status, terms and conditions, outstanding dues and inspection arrangements. These details decide what you actually pay and when you actually get the keys.
Reserve Price and EMD
In both listings, the EMD equals exactly 10% of the reserve price, a quick rule you can use to check any notice. The Shop No. 114 figures belong to the October 2025 auction, and the Office No. 82 figures belong to the 9 July 2026 auction listing.
These numbers do not show the current market value of any unit in Ashoka Shopping Centre. If a bank announces a new auction, get the latest official notice, because the reserve price and EMD can change.
Auction Date and Schedule
Both auction dates have now passed, and both listings show the auction status as Closed. Prospective buyers need to confirm the present status with the financial institution or through a current official sale notice. Ask the bank whether it has sold the unit, withdrawn it or re-auctioned it.
Shop No. 114 had a short two-hour window, while Office No. 82 ran for six hours. If either unit returns in a fresh notice, the bank may set new dates, timings and terms, so never plan your bid around an old schedule.
Connectivity and Why the CST
Good connectivity can make or break a commercial property, and this is where Ashoka Shopping Centre really shines. A spot on L. T. Road beside G. T. Hospital gives you a recognizable commercial address in central Mumbai. Nearby transport hubs, markets and hospitals help any business with customer-facing activities.
Public commercial listings show other office properties in the Fort area around Ashoka Shopping Centre. Their prices and specifications vary widely by building, floor, size and condition, so compare carefully before you commit.
Possible Uses
Subject to approved usage, Shop No. 114 could work as a retail shop, small office, professional service centre, consultancy business or trading office. Office No. 82 could host a professional practice, corporate office, trading business or small business headquarters, or serve as an investment property. The official property documentation decides the permitted activities, so read it closely.
What to Check before Buying This Auction Property
A bank-auction property in Ashoka Shopping Centre can look like a bargain, but smart buyers do proper due diligence before any financial commitment. Start with the current status, because the Budget Properties listing marks the auction as closed. Then treat the official sale notice as your main source for the legal description, auction procedure and payment conditions.
Next, inspect the premises in person. A physical inspection shows you the shop’s condition, access, frontage, floor position, building facilities and surrounding environment. Get the exact measurement from the property documents or other authoritative records.
On the legal side, review the title documents, ownership documents, possession details, encumbrance information, society records and municipal records. Chase down all outstanding dues, including property tax, maintenance charges, utility bills and electricity dues. Finally, confirm that the building allows your business activity and commercial usage.
Investment Considerations
A commercial property at Ashoka Shopping Centre can work for both business use and investment purposes. Still, its value depends on exact area, frontage, accessibility, building condition, rental demand, purchase price and legal status. Maintenance expenses, commercial usage permissions and future redevelopment plans also matter.
The historical reserve prices of ₹19.80 lakh and ₹48.60 lakh do not equal current market value. Honestly, these numbers mean little until a buyer checks similar properties and takes professional valuation advice.
Is the Property Currently Available?
The Budget Properties listings do not prove that either unit is currently available for purchase. Get an updated status from the financial institution, and look for a subsequent auction or newer official auction notice. Only then will you know whether the bank has sold the unit, withdrawn it or offered it again.
Shopping at Ashoka One Mall
Unlike the office-heavy Ashoka Shopping Centre in Mumbai, Ashoka One Mall focuses on a varied shopping experience. The store directory mixes domestic and international brands like GAP, Pantaloons, Reliance Trends, Lee Cooper, Style Union, Go Colors, Clovia, Safari and Liberty Bookstore. The flagship Decathlon store on the ground floor covers sports equipment, active wear and outdoor products.
Food and Restaurants
Hungry shoppers can choose from McDonald’s, Starbucks, Parampara, KFC, California Burrito, Thickshake Factory, Zomoz, Go Pizza, Havmor Ice Cream and Leon Grill. Most food outlets sit on the fourth floor, with options ranging from quick-service restaurants and beverages to desserts and full-meal choices.
Ashoka One Mall Floor-Wise Stores
The floor-wise stores layout makes planning easy. The ground floor holds Decathlon, McDonald’s and Starbucks, while the upper ground floor carries GAP, Pantaloons, Reliance Trends, Kamal Watch Co. and Bellavita. The first floor has John Player, House of Candy, Lee Cooper, Style Union and Trends Footwear. INOX takes the third floor, and the fourth floor serves as the main food court.
INOX Luxe at Ashoka One Mall
Movie lovers can catch a film at INOX Luxe, which runs five screens on the third floor. The cinema experience fits neatly after shopping or a meal, so you don’t need a second trip across town for movies.
Entertainment and Family Activities
The mall promotes gaming, celebrations, spacious gallery areas, coffee shops, open areas and children’s activities. The Panda Train keeps kids busy, which makes the mall a good fit for family outings, casual meet ups and quick coffee breaks.
Ashoka One Mall for Families
Families can build a whole day around the mall instead of a quick shopping run. Kids can ride the Panda Train, parents can grab a coffee, and everyone can end the day with a movie. The celebration areas also work well for birthdays and small get-togethers, so you don’t need to book a separate venue.
Why Visit Ashoka One Mall?
The short answer: you get shopping, dining, movies and family fun in one place. It’s convenient location at Kukatpally Y-Junction makes it easy to find, and the mix of fashion stores, cafés and quick-service outlets keeps every age group happy. Moviegoers can pair a film with dinner without moving the car.
Contact and Address
The mall offers an easy-access parking facility, which helps visitors arriving by car. You can call 040-23607272 or check the official website for the latest store information and events before you go.
Final Thoughts
So, which Ashoka Shopping Centre fits you? If you want a day out, Ashoka One Mall Kukatpally gives you shopping, dining, cinema and family entertainment as a true multi-purpose destination. Stores and services change over time, so check the official mall website first.
If you want property, the Mumbai Ashoka Shopping Centre offers a strong address in South Mumbai, but both auction listings now show closed. Confirm the current status and collect the latest official documentation from Piramal Finance Bank or Bank of India before you spend a rupee.
FAQs
Where is Ashoka Shopping Centre located?
The Mumbai Ashoka Shopping Centre sits on L. T. Road near G. T. Hospital, CST West, Fort, and Mumbai 400001. Ashoka One Mall sits at Pillar Number 835, Kukatpally Y-Junction, Hyderabad, and Telangana 500072.
What was the reserve price of the auctioned units?
Shop No. 114 had a reserve price of ₹19,80,000 with an EMD of ₹1,98,000. Office No. 82 had a reserve price of ₹48,60,000 with an EMD of ₹4,86,000.
Which banks conducted the auctions?
Piramal Finance Bank handled the Shop No. 114 auction. Bank of India handled the Office No. 82 auction and shared contact details for its Mumbai South office.
Is Shop No. 114 currently available for purchase?
Not necessarily. The listing shows Closed, so ask the financial institution about the property’s latest status and any new sale notice or re-auction notice.
Does Ashoka One Mall have a cinema and parking?
Yes. The mall has INOX Luxe with five screens, and it offers an easy-access parking facility for visitors.
