Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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