Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610265
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹15,36,000
EMD:₹1,53,600
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 is a SARFAESI auction for a land parcel located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential land. It is being auctioned by the State Bank of India. The auction will take place on November 18, 2025, between 11:00 AM and 04:00 PM.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village-I, bearing Patta No. 1561. S.No. 184/2, Sekkarakudi Village, bearing Patta No.1564, S.No.206/2, Sekkarakudi Village, bearing Patta No.998. S.No. 163/2, Sekkarakudi Village, Pudhukottai, Tuticorin
Size:3.84 acres
Auction Description
The State Bank of India is conducting an online SARFAESI auction for residential land in Pudhukottai, Tuticorin, Tamil Nadu. The reserve price for this auction is ₹15,36,000, with an Earnest Money Deposit (EMD) of ₹1,53,600. The auction is scheduled for November 18, 2025, starting at 11:00 AM and concluding at 04:00 PM. This is an opportunity to bid on a valuable land asset.
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 land offers a decent investment opportunity due to its size and location in Pudhukottai, Tuticorin. While the reserve price is moderate, potential buyers should conduct thorough due diligence. The auction terms appear standard, making it a calculated opportunity for interested investors.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
