What exactly is being sold?
Office F-2 on the 1st floor of Kurlarkar Magesty, Mulbhat, Margao, South Goa district, Goa. Its area is 45.40 sq m, about 489 sq ft.
Listed1 Oct 2026
Registration and EMD close9 Nov 2026, 4:30 PM IST
Online auctionScheduled 12 Nov 2026, 2:00 PM–4:00 PM IST
Last verified28 Oct 2026
Bank of MaharashtraRegistration open
1st floor office in Mulbhat, Margao: Bank of Maharashtra auction
A 1st floor office in Mulbhat, Margao, Goa, listed by Bank of Maharashtra under a Debt Recovery Tribunal recovery sale.
Registration is open now. Reserve ₹27.40 L, EMD ₹2.74 L. Registration and EMD close 9 Nov 2026, 4:30 PM IST.
First seen · Source: Bank of Maharashtra listing on bankeauctions.com
Key facts Bank of Maharashtra auction of a 1st floor office in Mulbhat, Margao
- Lender
- Bank of Maharashtra
- Status
- Registration open
- Property
- Office
- Address
- Office F-2, 1st floor, Kurlarkar Magesty, Mulbhat, Margao, South Goa district, Goa
- Building or project
- Kurlarkar Magesty
- Floor
- 1st floor
- Area
- 45.40 sq m
- Possession
- Not stated in the sale notice
- Sold under
- Debt Recovery Tribunal sale, Mumbai DRT-I
- Online auction
- 12 Nov 2026, 2:00 PM–4:00 PM IST
- Registration and EMD close
- 9 Nov 2026, 4:30 PM IST
- Reserve price
- ₹27,40,000
- Bidding
- Bids rise in steps of ₹50,000, and a late bid extends the auction by 5 minutes, with no limit
- Inspection
- 5 Nov 2026, 11:00 AM–4:00 PM IST
- Earnest money (EMD)
- ₹2,74,000, 10% of the reserve
- Official source
- Bank of Maharashtra listing 242400 on bankeauctions.com
- Last verified
- 28 Oct 2026
Compiled from Bank of Maharashtra’s listing 242400 on bankeauctions.com, as BiddingPulse’s records held it on 28 Oct 2026. BiddingPulse is independent research, not affiliated with the lender or bankeauctions.com; follow the lender’s registration and payment instructions. The sale follows the lender’s published process.
On the numbers
What the “₹27.40 L reserve” means
What Bank of Maharashtra’s listing says
The lowest bid the lender will accept is ₹27,40,000, with a ₹2,74,000 EMD due by 9 Nov 2026, 4:30 PM IST.
What BiddingPulse covers
The listing’s reserve, EMD and deadline, the property as the listing describes it, and what a Debt Recovery Tribunal sale usually requires after the auction. BiddingPulse reads the sale notice only for the type of possession; dues are for you to check there. Names of borrowers and other people are left out.
Auction summary
Source: Bank of Maharashtra listing on bankeauctions.comBank of Maharashtra is selling a 1st floor office in Mulbhat, Margao, Goa. Its sale notice doesn’t say whether the lender’s possession is physical or symbolic. It is sold in a Debt Recovery Tribunal recovery (Mumbai DRT-I), where the tribunal’s Recovery Officer sells property to recover a debt the tribunal has decided.
Bidding starts at the reserve price of ₹27,40,000. To take part you pay an earnest-money deposit (EMD) of ₹2,74,000, 10% of the reserve, by 9 Nov 2026, 4:30 PM IST. The online auction is scheduled for 12 Nov 2026, 2:00 PM–4:00 PM IST. Bids rise in steps of ₹50,000, and a late bid extends the auction by 5 minutes, with no limit. Inspection is set for 5 Nov 2026, 11:00 AM–4:00 PM IST.
Use the official listing below to read the sale notice, register, pay the EMD and bid. Check every figure here against it first.
Auction & payment timeline
Source: Bank of Maharashtra listing on bankeauctions.com| Stage | Date | What it means | Source |
|---|---|---|---|
| Sale notice published | 28 Sep 2026 | The listing’s press-release date for the lender’s sale notice | Listing 242400 |
| Listing seen | 1 Oct 2026 | First seen on bankeauctions.com | Listing 242400 |
| Inspection | 5 Nov 2026, 11:00 AM–4:00 PM IST | The window the listing gives to see the property; arrange it with the lender | Listing 242400 |
| Registration and EMD close | 9 Nov 2026, 4:30 PM IST | Register, pay the EMD and submit your opening offer (usually at least the reserve); bidding itself is in the online auction | Listing 242400 |
| Online auction | 12 Nov 2026, 2:00 PM–4:00 PM IST | On bankeauctions.com. Bids rise in steps of ₹50,000, and a late bid extends the auction by 5 minutes, with no limit | Listing 242400 |
| Payment | In the proclamation | The Recovery Officer’s proclamation of sale sets the deposit and balance dates | Sale notice |
Sale, possession and payment terms
The listing gives the property, the reserve, the EMD and the deadline. Possession, inspection, dues and the exact payment terms are in the lender’s sale notice, so read it before you pay the EMD.
Who can bid?
The listing sets no category of bidder. Bidding needs registration on bankeauctions.com with KYC documents and the EMD paid before the deadline, as the sale notice says. Registering or paying does not by itself make you eligible: the sale notice sets who may bid and on what terms, and BiddingPulse has not checked it for this listing.
Does the lender hold the property, and can I see it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing sets inspection for 5 Nov 2026, 11:00 AM–4:00 PM IST. Symbolic possession can leave an occupant in place. Ask the officer named in the proclamation before you pay the EMD.
What dues and encumbrances are disclosed?
None in the listing. Unpaid property tax, society maintenance, electricity or water charges, and any other claim on the property can pass to the buyer. Ask the officer named in the proclamation in writing what the lender knows of, and check the sale notice.
What do I pay after the auction?
The Recovery Officer’s proclamation of sale sets the deposit due on the sale and the balance date, usually within 15 days. Stamp duty and registration are extra and usually the buyer’s.
Can I withdraw, and what if I miss a payment?
Bank sales are usually “as is where is”, with no recourse for defects found later. Under the sale rules a buyer who misses a payment loses the deposit already paid. The sale notice states the terms that apply.
Verify on the official source
Public Bank of Maharashtra listingCheck the reserve, EMD, dates and terms on the lender’s listing before you act. Bid on bankeauctions.com, and register and pay the EMD as the sale notice says: online for some lenders, by demand draft at a branch for others.
Practical questions
What are the reserve price and EMD for this office?
The reserve is ₹27,40,000 and the earnest-money deposit (EMD) is ₹2,74,000, 10% of the reserve. Registration, the EMD and your opening offer are due by 9 Nov 2026, 4:30 PM IST; the bidding itself is in the online auction after that, and the sale notice sets how to pay the EMD.
Who can bid for this office?
The listing sets no category of bidder. You register on bankeauctions.com with KYC documents and pay the EMD before the deadline, as the sale notice says, but registering or paying does not by itself make you eligible: the Recovery Officer’s proclamation of sale sets who may bid and on what terms, and BiddingPulse has not checked this listing’s notice. Read it on the listing before you pay.
Does the bank have possession, and can I inspect it?
The lender’s sale notice doesn’t say whether its possession is physical or symbolic. The listing sets inspection for 5 Nov 2026, 11:00 AM–4:00 PM IST. Ask the officer named in the proclamation before you pay the EMD.
What do I pay if my bid is accepted?
In a Debt Recovery Tribunal sale, the Recovery Officer’s proclamation of sale sets the payment dates, usually a share at once and the balance within 15 days. Stamp duty and registration are extra. Read the proclamation or sale notice on the listing.
Where do I register and bid?
Bids are placed on bankeauctions.com, under the terms of the Recovery Officer’s proclamation. The sale notice gives the registration and EMD payment details: online for some lenders, by demand draft at a branch for others. BiddingPulse is independent research and does not accept registrations, deposits or bids.
New to bank auctions? Risks, costs and checks before a bank auction — the full guide.
Publication record
Every change dated · never silently rewritten1 Oct 2026
Listing found on bankeauctions.com
Reserve ₹27,40,000, EMD ₹2,74,000, registration by 9 Nov 2026.
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