Land for auction Sekkarakudi Village Pudhukottai, Tuticorin 5 lakh SBI

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 5.8
Size
0.50.0 hectare
Reserve Price
4,96,000
Reserve Price
4,96,000
EMD Required
49,600
Property Specifications
Size0.50.0 hectare
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: 5.8

Auction ID:610242

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:4,96,000

EMD:49,600

Service Provider:BAANKNET

Important Dates

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

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

Property Description

Prime land parcel located in the Pudhukottai area of Tuticorin, Tamil Nadu. This residential land offers a significant opportunity for development or investment in a growing region. Situated in a well-connected locality, the property is ideal for building a home or for future real estate ventures. The State Bank of India presents this asset through a SARFAESI auction, ensuring a transparent and legitimate transaction process.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village, S.No. 1262/1, extent of 0.18.0 hectare or 45 cents, S.No. 1262/2, extent of 0.32.0 hectare or 79 cents, Sekkarakudi Village, Pudhukottai, Tuticorin

Size:0.50.0 hectare

Auction Description

State Bank of India is conducting a SARFAESI auction for a valuable land property 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 set at ₹4,96,000.00, with an Earnest Money Deposit (EMD) of ₹49,600.00 required to participate. This is a unique opportunity to acquire land in a desirable location through a secure banking auction.

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 property is land in a developing area of Pudhukottai, Tuticorin, which presents a calculated opportunity. The reserve price is relatively low, but the lack of specific auction details and possession status requires careful evaluation. It's a good option for investors willing to conduct thorough due diligence.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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