Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
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
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
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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