Land for auction Sekkarakudi Pudhukottai, Tuticorin 6 lakh State Bank of India

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Size
0.60.0 hectare
Reserve Price
5,92,000
Reserve Price
5,92,000
EMD Required
59,200
Property Specifications
Size0.60.0 hectare
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:610144

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:5,92,000

EMD:59,200

Service Provider:BAANKNET

Important Dates

Submission Date:17-11-2025 05:00 PM

Bid Start Date:18-11-2025 11:00 AM

Property Description

A prime plot of land located in Pudhukottai, Tuticorin, Tamil Nadu, offered for sale by the State Bank of India. This residential land presents a significant investment opportunity in a developing area. The property is being auctioned under the SARFAESI Act, ensuring a clear title transfer. Ideal for developers or individuals looking to build their dream home or invest in real estate.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village-1, Patta No.1124, S.No. 1216/2A, Sekkarakudi, Pudhukottai, Tuticorin

Size:0.60.0 hectare

Auction Description

The State Bank of India is conducting a SARFAESI auction for a valuable land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 4:00 PM on the same day. The reserve price is set at INR 5,92,000, with an Earnest Money Deposit (EMD) of INR 59,200 required to participate. This is a direct opportunity to acquire a property formerly associated with M/s. St John Freight Systems Ltd.

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

Auction Type:SARFAESI Auction

Why This Property

The property, a land parcel in Pudhukottai, Tuticorin, offers a calculated opportunity due to its location and size. The relatively low reserve price makes it potentially attractive, although further due diligence is recommended. Considering the land type, it could suit agricultural or industrial purposes.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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