Land for auction Sekkarakudi Village Pudhukottai, Tuticorin 4 lakh SBI

This is a prime land parcel located in Pudhukottai, Tuticorin, Tamil Nadu. The property is classified under the residential asset category. It presents a significant investment opportunity in a developing area. The land is being auctioned by the State Bank of India. Its location in Pudhukottai, a known locality within Tuticorin, offers potential for future growth and development. This is a straightforward land auction, ideal for those looking to acquire real estate for residential development or investment purposes.

The State Bank of India is conducting a SARFAESI auction for a land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction has a reserve price of ₹4,00,000 and requires an Earnest Money Deposit (EMD) of ₹40,000. The bidding process will take place on 18-11-2025, starting at 11:00 AM and concluding at 04:00 PM on the same day. This is a timed online auction event. Interested bidders should review all terms and conditions provided by the State Bank of India. The auction is for the land asset previously associated with M/s. St John Freight Systems Ltd.

The property's location in Pudhukottai and relatively low reserve price make it a calculated opportunity. However, lack of specific auction dates and other details requires thorough due diligence. Investment potential is present but carries moderate risk.