Land for auction Sekkarakudi Village Pudhukottai, Tuticorin 4 lakh SBI

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 6.8
Size
0.39.0 hectares
Reserve Price
3,84,000
Reserve Price
3,84,000
EMD Required
38,400
Property Specifications
Size0.39.0 hectares
Auction TypeSARFAESI Auction
Property Type IconProperty Type:
Land
Location IconLocation:
Pudhukottai, Tuticorin
Auction Date IconAuction Date:
18-11-2025 11:00 AM

Auction Details

Recommendation:Calculated OpportunityScore: 6.8

Auction ID:610200

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:3,84,000

EMD:38,400

Service Provider:BAANKNET

Important Dates

Submission Date:17-11-2025 05:00 PM

Bid Start Date:18-11-2025 11:00 AM

Property Description

State Bank of India is auctioning a parcel of land in Pudhukottai, Tuticorin, Tamil Nadu. This residential land offers a prime opportunity for development or investment in a growing region. The property is being sold through a SARFAESI auction, presenting a straightforward acquisition process. Located in the vibrant city of Tuticorin, this land parcel is situated in an area with developing infrastructure and potential for future appreciation. Benefitting from its location, it is an attractive prospect for those looking to acquire real estate in Tamil Nadu.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village, bearing Patta No. 1582, Survey No.1051/1C, Sekkarakudi Village, Pudhukottai, Tuticorin

Size:0.39.0 hectares

Auction Description

This is a SARFAESI auction conducted by the State Bank of India for a land property 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 on the same day. The reserve price for this land is ₹384,000.00, with an Earnest Money Deposit (EMD) of ₹38,400.00 required to participate. This auction offers a clear opportunity to bid on residential land previously associated with M/s. St John Freight Systems Ltd. Ensure all bidding requirements and deadlines are met.

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 moderate investment opportunity given its location in Pudhukottai, Tuticorin and relatively low reserve price. However, the lack of specific auction dates and further details necessitates careful due diligence. It's a calculated risk suitable for investors familiar with the local market.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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