Land for auction Sekkarakudi Tuticorin 5 lakh State Bank of India

This auction features a prime plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property, categorized as residential, offers a great opportunity for development or investment in a growing area. Its location within Tuticorin provides access to local amenities and infrastructure. This is a direct sale from the State Bank of India, presenting a straightforward transaction for potential buyers.

The State Bank of India is conducting a SARFAESI auction for a valuable land parcel in Pudhukottai, Tuticorin. The auction will commence on November 18, 2025, at 11:00 AM and conclude at 04:00 PM on the same day. The reserve price for this land is set at ₹4,64,000, with an Earnest Money Deposit (EMD) of ₹46,400 required to participate. This is a significant opportunity to acquire property through a transparent banking auction process.

The land parcel in Tuticorin presents a calculated opportunity due to its location and price point. While the lack of specific auction dates limits immediate action, the relatively low reserve price of ₹464,000 and the 1.16-acre size could appeal to local investors. Further due diligence on the land's development potential is recommended before considering a bid.