Land for auction Pudhukottai Tuticorin 4 lakh State Bank of India

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Size
1.10 acres
Reserve Price
4,40,000
Reserve Price
4,40,000
EMD Required
44,000
Property Specifications
Size1.10 acres
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Pudhukottai, Tuticorin
Auction Date IconAuction Date:
18-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.5

Auction ID:610220

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:4,40,000

EMD:44,000

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 plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential. It is being auctioned by the State Bank of India. The land is situated in a developing area with potential for future growth. Prospective buyers are advised to conduct their own due diligence regarding zoning, accessibility, and any potential encumbrances. The property offers a unique opportunity for investment or development in the growing city of Tuticorin.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village I, S.No. 132/1D, Pudhukottai, Tuticorin

Size:1.10 acres

Auction Description

State Bank of India presents a SARFAESI auction for a residential land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction is scheduled for 18-11-2025, commencing at 11:00 AM and concluding at 04:00 PM on the same day. The reserve price for this auction is ₹4,40,000, with an Earnest Money Deposit (EMD) of ₹44,000. This is a prime opportunity to acquire land in Tuticorin. Interested bidders must ensure they have submitted the EMD and necessary documentation prior to the auction start time. Full auction terms and conditions are available on the bank's official portal.

Borrower Name:M/s. St John Freight Systems Ltd

Auction Type:SARFAESI Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

This land in Pudhukottai presents a calculated opportunity due to its location and size, offered at a relatively reasonable reserve price. The investment's viability depends on local market demand and potential development opportunities. Further due diligence is recommended to assess the full potential.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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