Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.8
Auction ID:610236
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹7,76,000
EMD:₹77,600
Service Provider:BAANKNET
Important Dates
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
Property Description
This is a prime piece of land located in Pudhukottai, Tuticorin, Tamil Nadu. Ideal for residential development, this asset is being auctioned by the State Bank of India. The property is situated in a developing area with good connectivity.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:S.No. 1712/48, Sekkarakudi Village, Srivaikuntam Taluk, Karungulam Panchayat Union limits, Tuticorin Registration District, Pudukottai Sub Registration District, Sekkarakudi Village, Pudhukottai, Tuticorin
Size:1.94 acre
Auction Description
State Bank of India is conducting a SARFAESI auction for a land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on 18-11-2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price is ₹7,76,000 and the EMD is ₹77,600. This is a significant opportunity to acquire valuable land through a transparent auction process.
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 represents a calculated opportunity due to its location and size, though limited information and unspecified auction details introduce some risk. The moderate reserve price relative to land size in the region suggests potential for value appreciation. Investors should conduct thorough due diligence before considering this land auction.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
