Property Type:
Location:
Auction Date:Auction Details
Recommendation:Calculated OpportunityScore: 5.5
Auction ID:610245
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹7,28,000
EMD:₹72,800
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 opportunity for development or investment in a growing region. Situated in a well-connected area, it presents a canvas for various residential projects. Ideal for builders and investors seeking to capitalize on the burgeoning real estate market in Tuticorin.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village, S.No. 1182/6 and 1182/3C, Sekkarakudi Village, Pudhukottai, Tuticorin, Tamil Nadu
Size:1.82 acre
Auction Description
State Bank of India presents a SARFAESI auction for a valuable land property in Pudhukottai, Tuticorin, Tamil Nadu. The auction is scheduled for November 18, 2025, from 11:00 AM to 4:00 PM. The reserve price is set at ₹7,28,000, with an Earnest Money Deposit (EMD) of ₹72,800. This is a unique chance to acquire a significant asset directly from the bank. Interested bidders are encouraged to review all auction terms and conditions.
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 offers potential for future development given its location, however, the auction details are not complete. The reserve price appears reasonable, making it a calculated opportunity for investors seeking land in the Tuticorin area.
Contact Details
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
Contact no: —
