Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —