Panaji Villa Auction: Villa (171.55 sq ft) – Reserve ₹2.57 Cr (30 Oct 2026)

Looking for a villa below market price in Panaji? The Panaji villa auction by Punjab National Bank is scheduled for 30 Oct 2026. On offer is a villa in Panaji, North Goa (PIN 403521), with 171.55 sq ft built-up and 147.87 sq ft carpet area. The online auction runs on 30 October 2026 (3:00 PM to 4:00 PM) with a reserve price of ₹2,57,06,700.

The property is being sold under DRT on an “as is where is, as is what is and whatever there is” basis. Below are the reserve price, EMD, key dates, location details, bidding steps and a due diligence checklist for this auction.

Panaji Villa Auction: Key Highlights

• Reserve price: ₹2,57,06,700 (₹2.57 Cr)
• EMD: ₹25,70,670
• Bid increment: ₹1,00,000
• Auction: 30 October 2026, 3:00 PM to 4:00 PM
• Last date for EMD: 27 October 2026, 4:00 PM
• Location: Panaji, North Goa, Goa
• Possession: Physical

Panaji Villa Auction – Complete Details

Auction ID	367057
Bank property ID	PUNBGEX003211
Bank	Punjab National Bank
Branch	Samb Delhi
Property type	Residential – Villa
Built-up area	171.55 sq ft
Carpet area	147.87 sq ft
Locality	North Goa
City / District	Panaji, North Goa
State	Goa
PIN code	403521
Type of possession	Physical
Type of action	Under DRT
Reserve price	₹2,57,06,700
EMD	₹25,70,670
Bid increment	₹1,00,000
Auto-extension	5 minutes per late bid

About the Location – Panaji

The property is located in Panaji, North Goa district, Goa (PIN 403521). Goa is a premium market for holiday homes, hospitality and retail, with North Goa and the Panaji–Margao belt in highest demand. The handling branch is Samb Delhi, which is usually the best contact for site visits and local queries.

Is the Panaji Villa Auction Worth It?

At the reserve price, the property works out to about ₹1,49,850 per sq ft of built-up area – compare this with recent resale rates in Panaji before you bid. The EMD of ₹25,70,670 is 10% of the reserve price and is refunded to unsuccessful bidders. The real saving in a bank auction comes after you add stamp duty, registration, pending dues and repair costs to the bid, so set a firm ceiling before the auction starts. The bank holds physical possession, which usually makes handover after the sale smoother.

Important Dates for the Panaji Villa Auction

• Inspection window: 19 October 2026, 11:00 AM to 19 October 2026, 4:00 PM
• EMD submission opens: 30 September 2026
• Last date for EMD: 27 October 2026, 4:00 PM
• E-auction: 30 October 2026, 3:00 PM to 4:00 PM
• Auto-extension: 5 minutes for every bid in the last minutes

How to Bid on BAANKNET

1. Register as a bidder on BAANKNET and complete e-KYC with PAN and Aadhaar.
2. Search for Auction ID 367057 and download the sale notice and terms.
3. Inspect the property during the inspection window by calling the branch contact on 8146528481.
4. Pay the EMD of ₹25,70,670 through the BAANKNET wallet before 27 October 2026, 4:00 PM.
5. Log in on 30 October 2026 and bid above the reserve in steps of ₹1,00,000; each late bid extends the auction by 5 minutes.

The successful bidder usually pays 25% of the bid amount (including EMD) immediately and the balance 75% within 15 days, unless the bank states otherwise. Stamp duty, registration charges, GST/TDS where applicable and any statutory dues are borne by the buyer.

Due Diligence Checklist Before Bidding

• Obtain the encumbrance certificate and verify the title.
• Check pending property tax, electricity and water dues.
• Confirm the possession status and whether the property is occupied.
• Verify the approved plan and the condition of the building.
• Read our buying bank auction houses and villas before you bid.

Panaji Villa Auction: FAQs

More PNB and Goa Auctions

• All Punjab National Bank auction listings
• More villa auctions
• Bank auctions in Goa
• Guide: symbolic vs physical possession explained

Source: Auction ID 367057 on BAANKNET (PSB Alliance). eBankAuctions is an information platform and does not conduct auctions; details may change, so verify with Punjab National Bank before bidding.