Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611402
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹54,00,000
EMD:₹5,40,000
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 Goa, Goa. The property is being auctioned by Punjab National Bank under SARFAESI Act. It is an excellent opportunity to acquire a property in a prime location.
State:Goa
City:Goa
Area:Goa
Asset Category:Residential
Full Address:C-501, Mohidins Afflence, Flat No. C-501, 4th floor, Block C, Mohidins Afflence Opp. Vaddem Lake, Nr. Pai Nursing Home and Radio Mundial, Vaddem, Vasco Da Gama, Goa, Vaddem, Goa
Building/Society:Mohidins Afflence
Size:91 Sq. Mtrs
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential flat in Goa, Goa. The auction will commence on 26-11-2025 at 11:00 AM and conclude on 26-11-2025 at 04:00 PM. The reserve price is INR 54,00,000, with an Earnest Money Deposit (EMD) of INR 5,40,000 required to participate. This is a great chance to bid on a property directly from the bank.
Borrower Name:Mr Sh. Vishal N Chhugani
Auction Type:SARFAESI Auction
Guarantor Names:Smt. Suja V. Chhugani
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a residential flat in Goa, a desirable location, but the price seems a bit on the higher side compared to the size. The terms of the auction are standard, with a symbolic possession status which introduces a layer of risk. Overall, it's a calculated opportunity requiring due diligence.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
