Property for Auction in Pudhukottai, Tuticorin, Tamil Nadu
Recommendation:Calculated OpportunityScore: 6.5
Auction ID:610149
Bank Name:State Bank of India
Branch Name:Stressed Assets Management Branch
Reserve Price:₹13,60,000
EMD:₹1,36,000
Service Provider:BAANKNET
Submission Date:17-11-2025 05:00 PM
Bid Start Date:18-11-2025 11:00 AM
This auction features a prime plot of land located in Pudhukottai, Tuticorin, Tamil Nadu. The property, categorized as residential, offers a significant investment opportunity in a developing area. Situated in the bustling city of Tuticorin, known for its port and industrial significance, this land parcel is ideal for residential development or long-term capital appreciation. The clear title and direct sale from the State Bank of India ensure a transparent transaction process. Don't miss this chance to acquire valuable real estate in a rapidly growing region.
State:Tamil Nadu
City:Tuticorin
Area:Pudhukottai
Asset Category:Residential
Full Address:S.No. 1006, Sekkarakudi Village II, Karungulam union limits, Srivaikuntam Taluk, Pudukottai Sub Registration District, Tuticorin Registration District, Sekkarakudi Village II, Tuticorin
Size:3.40 Acres
State Bank of India presents a SARFAESI auction for a valuable plot of land in Pudhukottai, Tuticorin, Tamil Nadu. The auction will be conducted online on November 18, 2025, starting at 11:00 AM and concluding at 04:00 PM. The reserve price for this residential land is ₹13,60,000, with an Earnest Money Deposit (EMD) of ₹1,36,000 required to participate. This is a unique opportunity to bid on a strategically located property with clear title, brought to you by SBI. Ensure your participation and secure this asset.
Borrower Name:M/s. St John Freight Systems Ltd
Auction Type:SARFAESI Auction
Encumbrance Details:Not Known to Bank
The land's location in Tuticorin offers potential for industrial or agricultural development. The reserve price seems reasonable, but potential investors should thoroughly investigate local market conditions. This is a calculated opportunity that warrants due diligence.
Branch:Branch Office : Stressed Assets Management Branch
Service Provider:BAANKNET
Contact Details:
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