Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612705
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹37,00,000
EMD:₹3,70,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 4.00 Ρ.Μ.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in the vibrant area of Mapusa, Goa. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It presents a great opportunity for those looking to invest or reside in a prime Goan location. The flat is categorized as residential, making it suitable for personal use or rental income.
State:Goa
City:Goa
Area:Mapusa
Asset Category:Residential
Full Address:005 & 006, Banjara Hills, Flat No. 005 & 006, Plot No. AA-13, Survey No. 65/0, Banjara Hills, Burdem, Bicholim, Near Housing Board Colony, Mapusa, North Goa -403504, Banjara Hills, Burdem, Bicholim, Mapusa
Building/Society:Banjara Hills
Size:55.90 Sq. Mtrs.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Mapusa, Goa, previously owned by Mr. Sunil Kumar Choudhary. The auction has a reserve price of ₹37,00,000 and an Earnest Money Deposit (EMD) of ₹3,70,000. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a significant opportunity to acquire property in Goa through a transparent bank auction process.
Borrower Name:Mr. Sunil Kumar Choudhary
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Seeta Devi
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in a decent location in Mapusa, Goa. The reserve price seems reasonable, offering a potential investment opportunity. Further due diligence is recommended to evaluate the property's long-term value.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
