Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612697
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹25,52,000
EMD:₹2,55,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 4.00 P.M.
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 Bicholim, Goa, being auctioned by Punjab National Bank. The property is being sold under the SARFAESI Act. The flat offers a living space in a desirable Goan locale.
State:Goa
City:Goa
Area:Bicholim
Asset Category:Residential
Full Address:009, Banjara Hill, Flat No. 009, "Banjara Hill", Galvavoril Dongor or Laker, situated at Village Bordem, SY No. 65/0 Plot No. AA13, within the limit of Bicholim Municipality, Taluka and Sub District of Bicholim, Mapusa, North Goa, Goa-403504, Bordem, Bicholim
Building/Society:Banjara Hill
Size:65.76 Sq. Mtrs.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Bicholim, Goa. The auction will take place on November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 25,52,000, with an Earnest Money Deposit (EMD) of INR 2,55,000 required to participate. This is a prime opportunity to acquire property in Goa through a transparent bank auction process.
Borrower Name:Mr. Thaverappa Keshwappa
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Sharu Lamani
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Goa, which can be attractive for vacation homes or rentals. The reserve price seems reasonable, but the symbolic possession status requires careful assessment. Overall, it's a decent opportunity with potential upsides if due diligence is thoroughly performed.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
