Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612715
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹39,16,000
EMD:₹3,92,000
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 Salcete, Goa, being auctioned by Punjab National Bank. The property is offered under the SARFAESI Act. Further details regarding the specific location, size, and amenities of the flat can be obtained from the bank.
State:Goa
City:Goa
Area:Salcete
Asset Category:Residential
Full Address:S1, National Apartment, Flat No. S1, 2nd Floor, Building B, National Apartment, Zoriwada, Davorlim, Salcete, Goa, Davorlim, Salcete
Building/Society:National Apartment
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Salcete, Goa. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price is INR 3,916,000, with an Earnest Money Deposit (EMD) of INR 392,000 required to participate. Interested bidders are advised to review all auction terms and conditions provided by the bank.
Borrower Name:Mr. Banbihari Das
Auction Type:SARFAESI Auction
Guarantor Names:M/s. Das Techono Engineering India Pvt Ltd
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Goa, a desirable location, but the lack of specific size information and the 'Symbolic' possession status slightly temper its appeal. The reserve price seems reasonable for the area, making it a 'Calculated Opportunity' for those willing to assess the property's physical condition and legal standing.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
