Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:611397
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹27,00,000
EMD:₹2,70,000
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 plot located in Ponda, Goa, being auctioned by Punjab National Bank. The property is being sold under the SARFAESI Act. It offers a great opportunity for development or personal use in a desirable Goan location. This is a bank auction, presenting a chance to acquire property directly from the bank.
State:Goa
City:Goa
Area:Ponda
Asset Category:Residential
Full Address:44, Usgao, Ponda, South Goa, Usgao, Ponda
Size:270 Sq Mts
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a residential plot in Ponda, Goa. The auction will take place on November 26, 2025, starting at 11:00 AM and closing at 4:00 PM. The reserve price for this plot is ₹27,00,000, with an Earnest Money Deposit (EMD) of ₹2,70,000 required to participate. This is a direct bank auction opportunity.
Borrower Name:Mr Sushant S Volvoíkar
Auction Type:SARFAESI Auction
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The plot's location in Goa offers decent potential. The reserve price is moderate, and symbolic possession suggests possible delays, making it a calculated opportunity. Requires careful due diligence before bidding.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
