Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610222
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹16,00,000
EMD:₹1,60,000
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
This is a SARFAESI auction for a valuable piece of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential land, offering a great opportunity for development or personal use. The auction is being conducted by the State Bank of India for the asset associated with M/s. St John Freight Systems Ltd. Don't miss this chance to acquire land in a developing area.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Tuticorin Registration District, Pudukottai Sub Registration District, Srivaikuntam Taluk, Karungulam Panchayat Union limits, Sekkarakudi Village, bearing Patta No.499, S.No. 1858/1 & 1858/3 and Palayamkottai Registration District, Murappanadu Sub Registration District, Srivaikuntam Taluk, Karungulam Panchayat Union limits, Vadakkukaraseri Village, bearing Patta No.864, S.No.332/3, S.No.536/1 and S.No.537/2, Pudhukottai, Tuticorin
Size:4.00 acres
Auction Description
State Bank of India presents a SARFAESI auction for a residential land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction is scheduled for November 18, 2025, commencing at 11:00 AM and concluding at 04:00 PM on the same day. The reserve price for this land is ₹16,00,000, with an Earnest Money Deposit (EMD) of ₹1,60,000 required to participate. Bid for this attractive property from a leading financial institution.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Why This Property
The property presents a reasonable opportunity given its agricultural land status and location in Tuticorin. The reserve price seems fair; however, potential investors should conduct thorough due diligence regarding land use and local market conditions. The lack of specific auction dates and other details necessitate careful inquiry.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
