Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610191
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹11,00,000
EMD:₹1,10,000
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
A valuable parcel of land located in Pudhukottai, Tuticorin, Tamil Nadu. This residential land offers a prime opportunity for development or investment in a growing region. The property is part of a SARFAESI auction conducted by the State Bank of India, presenting a unique chance to acquire real estate at a competitive reserve price.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village-I, S.No. 1025/1 & 1026/1B, Pudhukottai, Tuticorin
Size:2.75 acres
Auction Description
State Bank of India is conducting a SARFAESI auction for a land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on November 18, 2025, from 11:00 AM to 4:00 PM. The reserve price for this residential land is ₹11,00,000, with an EMD of ₹1,10,000. This is an excellent opportunity to bid on a property previously associated with M/s. St John Freight Systems Ltd.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Legal Details
Encumbrance Details:Not Known to Bank
Why This Property
The land in Tuticorin presents a moderate investment opportunity given its location and size. The reserve price seems reasonable. However, potential investors should conduct thorough due diligence before participating in the auction.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
