Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610219
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹2,76,000
EMD:₹27,600
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 by the State Bank of India for a plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as Residential. The borrower is M/s. St John Freight Systems Ltd. This is a prime opportunity to acquire land in a developing area.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village, bearing Patta No. 1751, Survey No. 1303/2A2, Sekkarakudi Village, Pudhukottai, Tuticorin
Size:0.28.0 hectare
Auction Description
State Bank of India is conducting an e-auction for a residential land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on 18-11-2025, starting at 11:00 AM and closing at 04:00 PM. The reserve price is ₹2,76,000, with an Earnest Money Deposit (EMD) of ₹27,600 required to participate. This SARFAESI auction presents a valuable investment prospect.
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 parcel in Pudhukottai offers a calculated opportunity due to its size and location in Tuticorin. With a reasonable reserve price, it could be a viable investment for development purposes. However, thorough due diligence is recommended to assess the encumbrances and market potential.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
