Land for Auction Othakadai Madurai 19.9 Lakh by Bank of Maharashtra 15 Jul 2026
Othakadai, Madurai
Area: 4072.0 sq.ft
Plots No. 13, 14, 15, Sidey Garden, Arumbanur 1st Bit Village, Sembiyanenthal Village, Othakadai, Madurai East Taluk, Madurai District
Bank of Maharashtra · Zonal Office
Reserve price
₹19,93,000
EMD ₹1,99,300
Auction date
15 Jul 2026, 01:00 PM
Auction notice
Request the official notice — we share it after verification.
Bid form
Download bid form assistance via our team.
Quick read
- ▸Possession: Symbolic
- ▸Area: 4072.0 sq.ft
- ▸Locality: Othakadai
- ▸Reserve: ₹19,93,000
- ▸EMD: ₹1,99,300
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Othakadai |
| Built-up / plot area | 4072.0 sq.ft |
| Lender | Bank of Maharashtra |
| Branch | Zonal Office |
| Unit / flat no. | Plots No. 13, 14, 15 |
| Building / society | Sidey Garden |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Land bank auction in Othakadai, Madurai by Bank of Maharashtra — reserve price ₹19,93,000, 4072.0 sq.ft, Symbolic possession.
Discover an exceptional opportunity to acquire prime residential plots (Nos. 13, 14, 15) in 'Sidey Garden' through a bank auction by Bank of Maharashtra. Located in Othakadai, Madurai East Taluk, Madurai District, Tamil Nadu, these plots collectively span 4072 sq.ft, ideal for building your dream home. This bank auction property offers a competitive reserve price of ₹1,993,000.0 with an EMD of ₹199,300.0. The e-auction is scheduled for July 15, 2026, from 01:00 PM to 05:00 PM. Property inspection is available from June 15, 2026, to July 14, 2026. This land for sale in Madurai is offered on an 'as is where is' basis, presenting a straightforward acquisition for potential buyers seeking residential plots in a growing locality.
GeoSquare note: This property represents a strong buy opportunity, offering residential plots in the developing Othakadai area of Madurai. While the possession is symbolic, the clear title from a bank auction reduces risk. The competitive reserve price for 4072 sq.ft of land makes it attractive for individual buyers or small-scale developers. The detailed description of the plots (13, 14, 15) in 'Sidey Garden' provides clarity on the asset.
Auction assistance
Guided support for notice review, EMD, and bid filing — most Maharashtra buyers choose a package. View detailed plans →
Basic Assistance
₹4,999
Document review, auction calendar alerts, and bid-form checklist.
Standard Assistance
₹14,999
Site visit coordination, legal summary, and end-to-end bid filing support.
Premium Selection
5% of reserve
We shortlist and acquire auction property on your behalf across Maharashtra.