Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612699
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹42,69,000
EMD:₹4,27,000
Bid Increment:₹10,000
Auction Time:11.00 A.M. to 4.00 Ρ.Μ.
Service Provider:BAANKNET
Important Dates
Submission Date:25-11-2025 05:00 PM
Bid Start Date:2025-11-26
Property Description
This is a prime plot of land located in the desirable Salcete area of Goa. Ideal for residential development, this plot offers a fantastic opportunity to build your dream home or invest in a rapidly growing region. The property is being auctioned by Punjab National Bank under SARFAESI rules.
State:Goa
City:Goa
Area:Salcete
Asset Category:Residential
Full Address:Plot A, Rachol Village, Salcete, Goa, Salcete, Goa
Size:553.50 Sq. Mtr.
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Salcete, Goa. The auction will commence on November 26, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price is INR 42,69,000, with an Earnest Money Deposit (EMD) of INR 4,27,000 required to participate. This is a valuable opportunity to acquire a plot in a sought-after location.
Borrower Name:Mr. Sikandar Mujawar
Auction Type:SARFAESI Auction
Guarantor Names:Mrs. Shabana Mujawar
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The property is a plot in Goa, a desirable location, but the relatively high reserve price and symbolic possession necessitate careful consideration. It presents a moderate opportunity contingent on local market conditions and future development potential.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
