Land for auction Sekkarakudi Pudhukottai 9 lakh State Bank of India

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Size
2.27 acres
Reserve Price
9,08,000
Reserve Price
9,08,000
EMD Required
90,800
Property Specifications
Size2.27 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:610193

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:9,08,000

EMD:90,800

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 auction features a significant parcel of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property, categorized as residential, offers a valuable opportunity for development or investment in a growing region. It is being auctioned by the State Bank of India under the SARFAESI Act. The land is situated in an accessible area of Tuticorin, making it an attractive prospect for potential buyers. This is a direct sale from the bank, providing a clear title and a straightforward transaction process.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village, bearing Patta No. 1775, Survey No. 1856/3, Survey No. 1856/4, Sekkarakudi, Pudhukottai

Size:2.27 acres

Auction Description

The State Bank of India is conducting a SARFAESI auction for a prime piece of land in Pudhukottai, Tuticorin, Tamil Nadu. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this residential land is set at ₹908,000, with an Earnest Money Deposit (EMD) of ₹90,800 required to participate. This is a fantastic opportunity to acquire a valuable asset directly from the bank. Prospective bidders are advised to conduct their due diligence prior to the auction date.

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

Auction Type:SARFAESI Auction

Legal Details

Encumbrance Details:Not Known to Bank

Why This Property

The land in Pudukottai presents a calculated opportunity due to its location and size. With a relatively low reserve price of ₹908000.0, it could be a worthwhile investment. Further due diligence is required to assess local market conditions and potential for appreciation.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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