Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610243
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹3,76,000
EMD:₹37,600
Service Provider:BAANKNET
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
This auction features a prime plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. As a residential asset, this land offers significant potential for development. Situated in a developing area, it presents an excellent opportunity for investors or individuals looking to build their dream home or undertake a real estate project. The property is being auctioned by the State Bank of India under the SARFAESI Act.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:S.No.84/1E, Sekkarakudi Village, Karungulam Panchayat Union limits, Srivaikuntam Taluk, Pudukottai Sub Registration District, Tuticorin Registration District, Sekkarakudi Village, Pudhukottai, Tuticorin
Size:0.38.0 hectare
State Bank of India is conducting an online SARFAESI auction for a valuable plot of land in Pudhukottai, Tuticorin, Tamil Nadu. 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 residential land is INR 3,76,000, with an Earnest Money Deposit (EMD) of INR 37,600 required to participate. This is a unique opportunity to acquire land in a growing region.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
The land parcel presents a calculated opportunity due to its location in Tuticorin and the relatively low reserve price. While lacking specific auction dates, the potential for value appreciation in a developing area warrants consideration. Further due diligence is recommended before bidding.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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