Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:612732
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 Vasco, Goa, part of a bank auction by Punjab National Bank. This is a prime opportunity to acquire a commercial asset in a developing area. The property is being auctioned under the SARFAESI Act.
State:Goa
City:Goa
Area:Vasco
Asset Category:Commercial
Full Address:Shop No 9, Rukmini Residency, Shop No 9, Rukmini Residency, in Property known as uzornory bearing Chalta No. 76, 77 & 78, Vasco Da Gama, Vasco, Goa
Building/Society:Rukmini Residency
Auction Description
Punjab National Bank is conducting a SARFAESI auction for a commercial shop in Vasco, Goa. The auction is scheduled for November 26, 2025, from 11:00 AM to 4:00 PM. The reserve price is ₹13,80,000, with an Earnest Money Deposit (EMD) of ₹1,38,000. This auction presents a valuable chance to invest in commercial real estate.
Borrower Name:Prabha Electricals and Communications
Auction Type:SARFAESI Auction
Guarantor Names:Shri Ashish Murali
Legal Details
Possession Status:Symbolic
Encumbrance Details:Not Known
Why This Property
The commercial shop in Vasco offers decent potential due to its location. However, a lower price and clearer details regarding the property size would improve the investment appeal. Auction terms are standard, leading to a "Calculated Opportunity" rating.
Contact Details
Branch:Branch Office : ASSET RECOVERY MANAGEMENT BRANCH
Service Provider:BAANKNET
Contact Details:
Abhijeet J. Katavare
Contact no: —
