Shop for auction Davorlim Salcete 49 lakh Punjab National Bank

Punjab National Bank is auctioning a commercial shop in Salcete, Goa. This property, previously owned by Mr. Banbihari Das, falls under the SARFAESI Act. Located in the vibrant area of Salcete, this commercial shop presents an excellent opportunity for business ventures or investment in a prime Goan location. Its strategic position in Salcete offers accessibility and potential for high footfall, making it an attractive prospect for entrepreneurs and investors alike. The property is categorized as commercial asset, suitable for various retail or service-oriented businesses.

An online SARFAESI auction will be conducted by Punjab National Bank for a commercial shop located 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 for this property is set at INR 49,26,000, with an Earnest Money Deposit (EMD) of INR 4,23,000 required to participate. This is a prime opportunity to acquire a commercial asset in Salcete, Goa, through a transparent bidding process managed by Punjab National Bank.

The commercial shop's location in Salcete, Goa, offers potential, but the reserve price requires careful evaluation. As a bank auction property, due diligence is crucial before investing. The auction terms appear standard, warranting a 'Calculated Opportunity' assessment due to location benefits versus price consideration.