Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 4.5
Auction ID:610205
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹12,12,000
EMD:₹1,21,200
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
Prime land parcel located in Pudhukottai, Tuticorin, Tamil Nadu. This residential land offers an excellent opportunity for development or investment in a growing area. The property is being auctioned by the State Bank of India under the SARFAESI Act. Situated in a well-connected locality, this land is ideal for building your dream home or for commercial ventures.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village, Survey No.1184/2A, Pudhukottai, Tuticorin
Size:1.22.5 hectare
Auction Description
The State Bank of India is conducting a SARFAESI auction for a valuable land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this land is ₹12,12,000, with an Earnest Money Deposit (EMD) of ₹1,21,200. This is a significant opportunity to acquire property in a developing region, brought to you by a leading financial institution.
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 property represents a calculated opportunity due to its location and type. The reserve price appears reasonable, but potential buyers should conduct thorough due diligence. The 'Not Known to Bank' encumbrance status warrants careful investigation before bidding.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
