Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611398
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹39,25,000
EMD:₹3,92,500
Bid Increment:₹25,000
Auction Time:11.00 AM to 4.00 PM
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 Ponda, Goa, being auctioned by Punjab National Bank. The property is offered under the SARFAESI Act, providing an opportunity for prospective buyers to acquire a flat in this sought-after Goan locale. The flat is suitable for residential use.
State:Goa
City:Goa
Area:Ponda
Asset Category:Residential
Full Address:F-4, Ashvek Classic, Flat F-4 in Building Ashvek Classic at Joefil Nagar, Ponda, Goa., Ponda, Goa
Building/Society:Ashvek Classic
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Ponda, Goa. The auction has a reserve price of ₹39,25,000 and requires an Earnest Money Deposit (EMD) of ₹3,92,500. Bidders are encouraged to participate in this one-day auction event scheduled for November 26, 2025, from 11:00 AM to 4:00 PM. This is a significant opportunity to purchase property in Goa through a transparent banking auction process.
Borrower Name:Mr Gaurish M Dessai
Auction Type:SARFAESI Auction
Guarantor Names:Supriya G Dessai
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property presents a decent opportunity due to its location in Ponda, Goa, and the relatively affordable reserve price. However, the 'symbolic' possession status and lack of detailed size information warrant caution. Further due diligence is advisable before participating in the auction.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
