Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610528
Bank Name:Debts Recovery Tribunal
Branch Name:Mumbai
Reserve Price:₹38,76,000
EMD:₹3,87,600
Bid Increment:₹2,00,000
Auction Time:2.00pm to 4.00pm
Service Provider:bankeauctions.com / C1 India
Important Dates
Submission Date:2025-11-24
Bid Start Date:2025-11-26
Property Description
This is a residential flat located in Ponda, Goa, being auctioned by the Debts Recovery Tribunal. The property is associated with a loan taken by Mr. Vasant Waman Patil. It presents an opportunity to acquire a flat in the vibrant area of Ponda.
State:Goa
City:Goa
Area:Ponda
Asset Category:Residential
Full Address:CF-1 and CF-2, Downtown Apartment, Building 'C', Marcela, Taluka Ponda, Goa, Marcela, Ponda
Building/Society:Downtown Apartment, Building 'C'
Auction Description
The Debts Recovery Tribunal is conducting an online auction for a residential flat in Ponda, Goa. The auction will take place on November 26, 2025, from 2:00 PM to 4:00 PM. The reserve price for this DRT auction is INR 38,76,000, with an Earnest Money Deposit (EMD) of INR 3,87,600 required to participate.
Borrower Name:Mr Vasant Waman Patil
Auction Type:DRT Auction
Guarantor Names:Mrs. Veena Vasant Patil, Mr. Chetan Ankolekar, Mr. Ulhas Vamanrao Wani
Legal Details
Encumbrance Details:Not Known
Why This Property
The property in Ponda, Goa offers a reasonable opportunity given its residential nature and the bank auction terms. The reserve price requires careful evaluation of the local market, while the clear auction details provide a transparent bidding process, making it a worthwhile calculated opportunity.
Contact Details
Branch:Branch Office : Mumbai
Service Provider:bankeauctions.com / C1 India
Contact Details:
Yatindra Kumar Sinha
Contact no: —
