Land for auction Sekkarakudi Village-II Pudhukottai, Tuticorin 7 lakh SBI

Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu

Recommendation
Calculated OpportunityScore: 5.5
Size
1.63 acre
Reserve Price
6,52,000
Reserve Price
6,52,000
EMD Required
65,200
Property Specifications
Size1.63 acre
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: 5.5

Auction ID:610234

Bank Name:State Bank of India

Branch Name:Stressed Assets Management Branch

Reserve Price:6,52,000

EMD:65,200

Service Provider:BAANKNET

Important Dates

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

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

Property Description

This offering presents a unique opportunity to acquire a plot of land in the growing area of Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential land, making it suitable for various development purposes. Located in a region experiencing expansion, this land offers potential for future appreciation. The State Bank of India is facilitating this auction, providing a transparent and secure transaction process.

State:Tamil Nadu

City:Tuticorin

Area:Pudhukottai

Asset Category:Residential

Full Address:S.No. 1880/2A, Sekkarakudi Village-II, Karungulam Panchayat Union limits, Srivaikuntam Taluk, Pudukottai Sub Registration District, Tuticorin Registration District, Sekkarakudi Village-II, Pudhukottai, Tuticorin

Size:1.63 acre

Auction Description

State Bank of India invites sealed bids for the SARFAESI auction of a residential land parcel in Pudhukottai, Tuticorin. 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 is set at ₹6,52,000, with an Earnest Money Deposit (EMD) of ₹65,200 required. This is a prime opportunity to invest in Tamil Nadu's real estate market. Interested parties should review all auction terms and conditions provided by the State Bank of India.

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 is a land parcel in Tuticorin, offered at a reasonable reserve price. While the location may require further investigation, the low price point and manageable EMD present a calculated opportunity for potential investors. Due diligence is recommended to assess the property's development potential and market value.

Contact Details

Branch:Branch Office : Stressed Assets Management Branch

Service Provider:BAANKNET

Contact Details:

Contact no: —

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