Property for Auction in Vasco, Goa, Goa
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
Submission Date:2022-09-29
Bid Start Date:2025-11-26
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
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
Possession Status:Symbolic
Encumbrance Details:Not Known
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.
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
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