Shop for auction Ponda Goa 40 lakh Punjab National Bank

Property for Auction in Ponda, Goa, Goa

Recommendation
Calculated OpportunityScore: 6.5
Possession
Symbolic
Size
15.00 sq. mtrs
Reserve Price
39,50,000
Reserve Price
39,50,000
EMD Required
3,95,000
Property Specifications
Society/BuildingSuper Market Phase II
Size15.00 sq. mtrs
Unit No.Shop no.47
FloorGround Floor
Possession StatusSymbolic
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Commercial Shop
Location IconLocation:
Ponda, Goa
Auction Date IconAuction Date:
26-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:611400

Bank Name:Punjab National Bank

Branch Name:ASSET RECOVERY MANAGEMENT BRANCH

Reserve Price:39,50,000

EMD:3,95,000

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 prime commercial shop located in the bustling area of Ponda, Goa. The property is being auctioned by Punjab National Bank under the SARFAESI Act. It offers a unique opportunity for investors and business owners to acquire a commercial asset in a rapidly developing region. The shop is suitable for various retail or service-based businesses. Its strategic location in Ponda ensures good visibility and accessibility, making it an attractive spot for commercial ventures. Don't miss this chance to own a valuable piece of real estate in Goa.

State:Goa

City:Goa

Area:Ponda

Asset Category:Commercial

Full Address:Shop no.47, Super Market Phase II, Ponda, Goa, Ponda, Goa

Building/Society:Super Market Phase II

Size:15.00 sq. mtrs

Auction Description

Punjab National Bank is conducting a SARFAESI auction for a commercial shop in Ponda, 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 valuable commercial property is INR 39,50,000, with an Earnest Money Deposit (EMD) of INR 3,95,000. This is an excellent opportunity to acquire a commercial asset directly from the bank. Interested bidders are encouraged to review all auction terms and conditions before participating.

Borrower Name:Mr Gaurish M Dessai

Auction Type:SARFAESI Auction

Legal Details

Possession Status:Symbolic

Encumbrance Details:Not Known to Bank

Why This Property

The property is a small commercial shop in Ponda, Goa, offered at a reasonable reserve price. While the size is limited, the location and potential for local business make it a worthwhile, calculated investment. Auction terms are standard, and due diligence is recommended.

Contact Details

Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH

Service Provider:BAANKNET

Contact Details:

Abhijeet J. Katavare

Contact no: —

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