Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610266
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹16,32,000
EMD:₹1,63,200
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 auction features a valuable plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential land, offering potential for development or investment in a growing region. Situated in a well-connected area, this parcel presents a unique opportunity for buyers seeking real estate in Tuticorin.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village-l, bearing Patta No. 734. S.No.219/3A and Sekkarakudi Village-I, bearing Patta No.736, S.No.233/18, S.No.233/2, Sekkarakudi, Pudhukottai, Tuticorin
Size:1.65.5 hectares
Auction Description
State Bank of India presents a SARFAESI auction for land in Pudhukottai, Tuticorin. The reserve price is INR 16,32,000, with an Earnest Money Deposit (EMD) of INR 1,63,200. The auction will be conducted online on 18-11-2025, starting at 11:00 AM and concluding at 04:00 PM. This is a prime opportunity to acquire property through a transparent bidding process managed by the State Bank of India, formerly associated with M/s. St John Freight Systems Ltd.
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 property is a relatively inexpensive piece of land in Tuticorin, which could be a calculated opportunity for the right buyer. Location is promising but further research is needed for potential use and local development plans.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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