Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610194
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹26,12,000
EMD:₹2,61,200
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
This offering features a valuable plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The asset is categorized as residential, presenting a prime opportunity for development or investment in a growing region. Situated in the bustling city of Tuticorin, this land parcel is ideal for those seeking to capitalize on real estate opportunities within the state. The property is being auctioned by the State Bank of India.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Tuticorin Registration District, Pudukottai Sub Registration District, Srivaikuntam Taluk, Karungulam union limits. Sekkarakudi Village, bearing Patta No. 1472, Survey No. 1206/5. Palayamkottai Registration District, Murappanadu Sub Registration District, Srivaikuntam Taluk, Singathakurichi Village, Survey No.706/1, Survey No. 706/2, Survey No.690/2, Pudhukottai, Tuticorin
Size:1.47.50 hectares
Auction Description
State Bank of India presents a SARFAESI auction for a residential land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will be held on November 18, 2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is INR 26,12,000, with an Earnest Money Deposit (EMD) of INR 2,61,200 required. This is a unique opportunity to acquire land through a transparent banking auction process. The borrower associated with this asset is M/s. St John Freight Systems Ltd.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Why This Property
The property is land located in Pudhukottai, Tuticorin, potentially suitable for industrial or agricultural use. The reserve price seems reasonable. Further due diligence is needed to assess the land's market value and potential.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
