Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.8
Auction ID:610190
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹14,36,000
EMD:₹1,43,600
Service Provider:BAANKNET
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
This offering presents a unique opportunity to acquire land in Pudhukottai, Tuticorin, Tamil Nadu. The property is categorized as residential land, making it suitable for a variety of development possibilities. Located in a developing area, it offers potential for future growth and investment. Exact dimensions and boundaries will be detailed in the auction documents. This is a chance to own a piece of land in a strategic location within Tamil Nadu.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:Sekkarakudi Village and Singathakurichi Village, Pudhukottai, Tuticorin
Size:3.59 acres
State Bank of India is conducting a SARFAESI auction for a residential land parcel in Pudhukottai, Tuticorin, Tamil Nadu. The auction will take place on November 18, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this property is INR 14,36,000, with an Earnest Money Deposit (EMD) of INR 1,43,600 required to participate. This auction is an excellent opportunity for investors and individuals looking to acquire land through a transparent and regulated process. All interested bidders are advised to review the full auction terms and conditions provided by the State Bank of India.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The land presents a good investment opportunity due to its size and location in a developing area. However, the lack of specific auction dates and times makes it a calculated risk. Potential investors should investigate local development plans and the encumbrance details before bidding.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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