Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612716
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹44,58,000
EMD:₹4,46,000
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 the vibrant Salcete region of Goa, offered for sale by Punjab National Bank through a SARFAESI auction. This property presents an excellent opportunity for homebuyers or investors seeking a presence in one of Goa's popular locales. The flat is situated in a well-established area, offering convenience and accessibility. Ideal for those looking to own a piece of paradise in Goa.
State:Goa
City:Goa
Area:Salcete
Asset Category:Residential
Full Address:BT 6, Akar Green Empire, Building B, Akar Green Empire, Gogal, Margao, Goa, Gogal, Margao
Building/Society:Akar Green Empire
Auction Description
Punjab National Bank is conducting an online SARFAESI auction for a residential flat in Salcete, Goa. The auction has a reserve price of ₹44,58,000 and requires an EMD of ₹4,46,000. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is a prime opportunity to acquire property in Goa under the SARFAESI Act, initiated due to default by the borrower, Mr. Banbihari Das.
Borrower Name:Mr. Banbihari Das
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in a developed area of Margao, Goa, presenting moderate investment potential. The reserve price is reasonable, but potential investors should carefully assess market conditions and property condition. The auction terms are standard, making it a calculated risk with potential for appreciation.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
