Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:610244
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹6,44,000
EMD:₹64,400
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 presents a prime piece of land located in Pudhukottai, Tuticorin, Tamil Nadu. As part of a SARFAESI auction conducted by the State Bank of India, this residential plot is ideal for development. The auction is scheduled for November 18, 2025, with bidding open between 11:00 AM and 04:00 PM. Don't miss this opportunity to acquire valuable real estate in a growing region.
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-il, bearing Patta No.2686, S.No. 1728/1, Pudhukottai, Tuticorin
Size:1.61 acre
Auction Description
State Bank of India invites bids for the auction of land in Pudhukottai, Tuticorin, Tamil Nadu, under SARFAESI provisions. The reserve price is set at ₹6,44,000, with an Earnest Money Deposit (EMD) of ₹64,400 required. The auction will take place online on November 18, 2025, from 11:00 AM to 4:00 PM. This is a significant opportunity to invest in property with clear title and bank assurance.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Why This Property
The property is a land parcel in a developing area, offered at a relatively low reserve price. However, lack of detailed auction terms requires a calculated approach. Further due diligence is necessary to assess the investment viability.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
