Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610235
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹18,52,000
EMD:₹1,85,200
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 plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. This residential land parcel is being auctioned by the State Bank of India. The property is ideal for development and offers a great investment opportunity in a developing area. Secure your investment in a promising location.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village-II, bearing Patta No. 1246, (Covered under Sale Deed bearing Doc No.2921 of 2012), Sekkarakudi, Tuticorin
Auction Description
State Bank of India presents a SARFAESI auction for a land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will be held online on November 18, 2025, from 11:00 AM to 4:00 PM. The reserve price is INR 18,52,000, with an EMD of INR 1,85,200. This is a prime opportunity to acquire valuable land. Don't miss out on this government-backed auction.
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 Tuticorin, offered at a reasonable reserve price. The 'Not Known to Bank' encumbrance status requires further investigation, but the relatively low EMD suggests a manageable risk profile for informed investors. A calculated approach is advisable.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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