Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610224
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹6,32,000
EMD:₹63,200
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 Pudhukottai, Tuticorin, Tamil Nadu. This residential land offers a significant investment opportunity in a developing area. The property is being auctioned by the State Bank of India under the SARFAESI Act. Suitable for residential development or as a strategic land holding.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village-1, bearing Patta No.775, S.No.401/3, Sekkarakudi Village, Pudhukottai, Tuticorin
Size:1.58 acre
Auction Description
State Bank of India presents a SARFAESI auction for a valuable land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction starts on November 18, 2025, at 11:00 AM and concludes at 04:00 PM on the same day. The reserve price is set at ₹6,32,000, with an Earnest Money Deposit (EMD) of ₹63,200. Don't miss this chance to acquire a key asset from M/s. St John Freight Systems Ltd.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Why This Property
The property is land in a potentially developing area, offered at a reasonable reserve price. While details are limited, the location and price point suggest a calculated opportunity for investment. Further due diligence is recommended to assess potential.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
