Land for auction Sekkarakudi Pudhukottai, Tuticorin 9 lakh State Bank of India

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.5
Size
2.30 Acre
Reserve Price
9,20,000
Reserve Price
9,20,000
EMD Required
92,000
Property Specifications
Size2.30 Acre
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:610217

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:9,20,000

EMD:92,000

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 prime piece of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential, offering a great opportunity for development or personal use. Situated in a developing area, it presents potential for future appreciation. The State Bank of India is conducting this SARFAESI auction, providing a clear title and a straightforward transaction process. This is a valuable chance to acquire land in a sought-after region of Tamil Nadu.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village-II, bearing Patta No. 1063,Survey No. 1182/2A, Sekkarakudi, Pudhukottai, Tuticorin

Size:2.30 Acre

Auction Description

State Bank of India presents a SARFAESI auction for a residential 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 for this asset is ₹9,20,000, with an Earnest Money Deposit (EMD) of ₹92,000 required to participate. This is a direct sale facilitated by the bank, offering a secure and transparent bidding process for interested buyers.

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 land parcel in Pudhukottai, offered at a relatively moderate reserve price. While the location may not be prime, the opportunity to acquire land through a bank auction can be a calculated investment. Further due diligence is necessary to assess the land's potential and any associated risks.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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