Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
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
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
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
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
Encumbrance Details:Not Known to Bank
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.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —