Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610269
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹16,40,000
EMD:₹1,64,000
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 is being auctioned by the State Bank of India as part of a SARFAESI auction. The property is associated with M/s. St John Freight Systems Ltd.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:All that piece and parcel of land situated in Tuticorin Registration District, Pudukottai Sub Registration District, Srivaikuntam Taluk, Karungulam Panchayat Union limits, Sekkarakudi Village. (Covered under Sale Deed bearing Doc No.2929/2012), Sekkarakudi Village, Pudhukottai, Tuticorin
Auction Description
State Bank of India is conducting a SARFAESI auction for a land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on November 18, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential land is ₹16,40,000, with an Earnest Money Deposit (EMD) of ₹1,64,000.
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 represents a calculated opportunity due to its land classification and location in Pudukottai, Tuticorin. The reserve price of ₹1640000.0 and EMD of ₹164000.0 suggest reasonable entry points, but further investigation into the local market and property-specific details is recommended before bidding.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
