Representative illustration — Commercial Shop bank auction in Margao
Representative illustration — not the actual property photograph.
Commercial Shop Commercial Symbolic possession Fair Option

Shop for Auction Margao Goa 33 Lakh by Punjab National Bank 16 Jun 2026

Margao, Goa

Area: 29.89 Sq. Mtrs.

Shop No. 112 (M. H. No. 14/1851), at Mabai Hotel, constructed on property know as CASAS DE MARGAO, Opp. Grace Church, Varde Valvaikar Road, Margao, Dist. South Goa, Goa-403601

Punjab National Bank · ARMB : Kolhapur

Reserve price

₹33,00,000

EMD ₹3,30,000

Auction date

16 Jun 2026, 11:00 AM

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Quick read

  • Possession: Symbolic
  • Area: 29.89 Sq. Mtrs.
  • Locality: Margao
  • Reserve: ₹33,00,000
  • EMD: ₹3,30,000

Auction snapshot

PossessionSymbolic
Property typeCommercial Shop · Commercial
LocalityMargao
Built-up / plot area29.89 Sq. Mtrs.
LenderPunjab National Bank
BranchARMB : Kolhapur
Unit / flat no.112
Building / societyCASAS DE MARGAO
Auction typeSARFAESI Auction
Bid increment₹10,000
Service providerBAANKNET

About this property

Commercial Shop bank auction in Margao, Goa by Punjab National Bank — reserve price ₹33,00,000, 29.89 Sq. Mtrs., Symbolic possession.

Bank auction property: Commercial shop for sale in Margao, Goa. This prime commercial shop, located at Mabai Hotel, Casas De Margao, offers 29.89 Sq. Mtrs of built-up area. The e-auction is scheduled for 2026-06-16, with a reserve price of ₹3300000.0 and an EMD of ₹330000.0. Don't miss this opportunity to invest in a strategically located commercial space in the heart of Goa. Contact Punjab National Bank for further details and participate in the e-auction.

GeoSquare note: The commercial shop in Margao, Goa, presents a fair investment option due to its prime location and accessibility. While the reserve price is moderate for the area, the symbolic possession and limited size might affect its immediate usability and value. Investors should carefully assess the property's potential and future market trends before bidding.

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