Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612723
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹84,73,000
EMD:₹8,48,000
Bid Increment:₹1,00,000
Auction Time:11:00 A.M. to 4.00 P.M.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
A residential house located in Salcete, Goa, is being auctioned by Punjab National Bank. This property presents a valuable opportunity in a desirable location. Further details regarding the specific features and condition of the house can be obtained from the bank.
State:Goa
City:Goa
Area:Salcete
Asset Category:Residential
Full Address:C008, Lotus Shantidham, Duplex C008, Building C, Ground Floor, Lotus Shantidham, Shantinagar, Aquem Baxo, Salcete, Goa, Aquem Baxo, Salcete
Building/Society:Lotus Shantidham
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential house in Salcete, Goa. The auction will take place on November 26, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this auction is ₹84,73,000, with an Earnest Money Deposit (EMD) of ₹8,48,000 required. This is an excellent chance to acquire property through a bank auction.
Borrower Name:Mr. Banbihari Das
Auction Type:SARFAESI Auction
Guarantor Names:M/s. Das Techono Engineering India Pvt Ltd
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a house in Goa, which is desirable, but the lack of specific area details impacts valuation. The reserve price seems reasonable given the location, but further due diligence is needed. It's a calculated opportunity suitable for informed investors familiar with the local market.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
