Flat for auction Sancoale Vasco Da Gama 36 lakh Punjab National Bank

Property for Auction in Vasco, Goa, Goa

Recommendation
Calculated OpportunityScore: 6.8
Possession
Symbolic
Size
76.16 Sq. Mtrs
Reserve Price
35,75,000
Reserve Price
35,75,000
EMD Required
3,60,000
Property Specifications
Society/BuildingAkar Heights
Size76.16 Sq. Mtrs
Unit No.BET-4
Floor8th
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Flat
Location IconLocation:
Vasco, Goa
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:612713

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:35,75,000

EMD:3,60,000

Bid Increment:10,000

Auction Time:11.00 A.M. to 4.00 P.M.

Service Provider:BAANKNET

Important Dates

Submission Date:2022-09-29

Bid Start Date:2025-11-26

Property Description

This is a residential flat located in Vasco, Goa, being auctioned by Punjab National Bank under SARFAESI rules. The property is ideal for individuals or families looking to own a home in a prime Goan locality. Its proximity to essential amenities and transport links makes it a desirable investment. This auction presents a fantastic opportunity to acquire a property in the vibrant city of Vasco. The flat is part of a residential complex offering a comfortable living experience.

State:Goa

City:Goa

Area:Vasco

Asset Category:Residential

Full Address:BET-4, Akar Heights, Akar Heights, Sancoale, Vasco Da Gama, Goa-403710, Sancoale, Vasco Da Gama

Building/Society:Akar Heights

Size:76.16 Sq. Mtrs

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a residential flat in Vasco, Goa. The auction has a reserve price of INR 35,75,000 and requires an Earnest Money Deposit (EMD) of INR 3,60,000. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. This is a legal auction process for the property associated with borrower Mr. Shashank Sagvekar. Interested bidders are advised to review all auction terms and conditions before participating.

Borrower Name:Mr. Shashank Sagvekar

Auction Type:SARFAESI Auction

Guarantor Names:Mrs. Srushti Sagvekar

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known

Why This Property

The flat in Vasco offers a decent opportunity considering the location and reserve price. While not a 'Prime Investment', the property could be a good buy for those familiar with the area and willing to invest with a specific strategy. The auction terms are standard, but due diligence on the encumbrance status is crucial before bidding.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Contact no: —

Discover Similar Auctions

Videos