Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610192
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹7,72,000
EMD:₹77,200
Service Provider:BAANKNET
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
This auction features a valuable plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is classified under the residential asset category, offering potential for development or investment. Situated in a developing area, this land presents a unique opportunity for buyers seeking to establish a presence in Tuticorin. The auction is conducted by the State Bank of India under the SARFAESI Act, ensuring a transparent and regulated sale process.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:1737, Sekkarakudi Village-II, bearing Patta No. 1737, Sekkarakudi Village, Pudhukottai
State Bank of India presents a SARFAESI auction for a residential land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will be held on November 18, 2025, commencing at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is INR 7,72,000, with an Earnest Money Deposit (EMD) of INR 77,200 required. This is a prime opportunity to acquire land in a growing region, facilitated by a reputable financial institution.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The property is land in a developing area. Given the moderate reserve price and the potential for future appreciation, it represents a calculated opportunity for investors looking to diversify their portfolio.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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