Plot for Auction Othakadai Madurai 43.3 Lakh by State Bank of India 25 Jun 2026
Othakadai, Madurai
Area: 1500 sq ft
No. S-15, Plot S-12/15, 11th Cross Street, VNCT Lotus Villas, Kodikulam 2nd BIT Village, Madurai-625 107.
State Bank of India · Centralised Retail Asset Monitoring Cell (CRAMC)
Reserve price
₹43,26,000
EMD ₹4,32,600
Auction date
25 Jun 2026, 11:30 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 1500 sq ft
- ▸Locality: Othakadai
- ▸Reserve: ₹43,26,000
- ▸EMD: ₹4,32,600
Auction snapshot
| Possession | Symbolic |
| Property type | Plot · Residential |
| Locality | Othakadai |
| Built-up / plot area | 1500 sq ft |
| Lender | State Bank of India |
| Branch | Centralised Retail Asset Monitoring Cell (CRAMC) |
| Unit / flat no. | S-12/15 |
| Building / society | VNCT Lotus Villas |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Plot bank auction in Othakadai, Madurai by State Bank of India — reserve price ₹43,26,000, 1500 sq ft, Symbolic possession.
Bank auction property! Residential plot for sale in Othakadai, Madurai. This prime plot, part of VNCT Lotus Villas, spans 1500 sq ft and is ideally located in Kodikulam 2nd BIT Village. The e-auction is scheduled for 2026-06-25, with a reserve price of ₹4326000.0 and an EMD of ₹432600.0. Don't miss this opportunity to invest in a valuable piece of real estate in a sought-after location. Contact the authorized officers for inspection and bidding details.
GeoSquare note: The property is a residential plot in Othakadai, Madurai, with symbolic possession. Priced at ₹4326000.0, it presents a fair investment opportunity due to its location and plot size. However, symbolic possession might delay immediate use, affecting its overall investment appeal.
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