Land for auction Sekkarakudi Village Pudhukottai, Tuticorin 7 lakh SBI

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 5.8
Size
2.57 acres
Reserve Price
6,64,000
Reserve Price
6,64,000
EMD Required
66,400
Property Specifications
Size2.57 acres
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:610241

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:6,64,000

EMD:66,400

Service Provider:BAANKNET

Important Dates

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

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

Property Description

This is a prime piece of land located in Pudhukottai, Tuticorin, Tamil Nadu. As a residential asset, this land offers excellent potential for development or investment in a rapidly growing area. The property is being auctioned by the State Bank of India under SARFAESI regulations. Situated in the vibrant city of Tuticorin, this land presents a unique opportunity for discerning buyers looking for a valuable asset in South India. Its strategic location ensures good connectivity and accessibility.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:Sekkarakudi Village, bearing Patta No. 1878, S.No. 1678/2, Sekkarakudi Village, Pudhukottai, Tuticorin

Size:2.57 acres

Auction Description

The State Bank of India is conducting a SARFAESI auction for a valuable land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on November 18, 2025, with bidding open from 11:00 AM to 4:00 PM. The reserve price for this residential land is INR 6,64,000, and the Earnest Money Deposit (EMD) required is INR 66,400. This is a direct opportunity from the bank to acquire a property previously associated with M/s. St John Freight Systems Ltd. Don't miss this chance to bid on a significant real estate asset.

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 land in Pudhukottai presents a calculated opportunity due to its potential for agricultural or developmental use. While the location may not be prime, the relatively low reserve price makes it a reasonable investment with careful planning. Auction terms and encumbrance details should be thoroughly vetted before bidding.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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