Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612712
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹46,31,000
EMD:₹4,63,000
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
A residential flat located in Salcete, Goa, being auctioned by Punjab National Bank under SARFAESI Act. This is a great opportunity to acquire a property in the scenic state of Goa. The property is suitable for residential use and is part of a bank auction process.
State:Goa
City:Goa
Area:Salcete
Asset Category:Residential
Full Address:S1, Cassaino Zalor Residency, Cassaino Zalor Residency at Carmona, Salcete, Goa, Carmona, Salcete
Building/Society:Cassaino Zalor Residency
Size:93.40 Sq. Mtr.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Salcete, Goa. The auction is scheduled for November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹46,31,000, with an Earnest Money Deposit (EMD) of ₹4,63,000. This is a direct auction from the bank to recover dues from the borrower, Mr. Theophin Carlos Alphino Teles.
Borrower Name:Mr. Theophin Carlos Alphino Teles
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Goa, which is generally a desirable location. However, the 'Calculated Opportunity' rating reflects the need for due diligence regarding the specific location, property condition, and potential for appreciation relative to the reserve price and auction terms.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
