Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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