Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612733
Bank Name:Punjab National Bank
Branch Name:ASSET RECOVERY MANAGEMENT BRANCH
Reserve Price:₹13,80,000
EMD:₹1,38,000
Bid Increment:₹10,000
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 commercial shop located in the bustling area of Vasco, Goa, is being auctioned by Punjab National Bank. This prime property offers an excellent opportunity for business ventures in a well-connected city. The shop is suitable for various commercial purposes, making it an attractive investment for entrepreneurs and businesses looking to establish or expand their presence in Goa.
State:Goa
City:Goa
Area:Vasco
Asset Category:Commercial
Full Address:5, ZUARI COMPLEX, Shop No 5, Ground floor, ZUARI COMPLEX, Chalta No.29 to 31, 265,285 &295 of PT Sheet No. 152, Baina, Vasc-De-Gama Taluk, Mormugoa, Baina, Vasco
Building/Society:ZUARI COMPLEX
Auction Description
Punjab National Bank presents a SARFAESI auction for a commercial shop in Vasco, Goa. The auction opens on November 26, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹13,80,000, with an Earnest Money Deposit (EMD) of ₹1,38,000 required to participate. This is a unique chance to acquire commercial real estate in a sought-after location.
Borrower Name:Prabha Electricals and Communications
Auction Type:SARFAESI Auction
Guarantor Names:Shri Ashish Murali
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known to Bank
Why This Property
This commercial shop in Vasco offers a good location and a reasonable reserve price, making it a calculated investment opportunity. While not a prime investment, the property's potential and location warrant consideration for investors seeking value in the Goan market. Terms of the auction appear standard.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
