Oothakadai, Madurai

Property Types
Residential Lands

About

Othakadai, found in the city of Madurai, is growing as a top spot for real estate investment and living. Here are some things to think about:

Types and Prices of Properties

Othakadai has many kinds of properties, like big plots, standalone houses, and sleek apartments. These properties are priced pretty well. Prices start low, like Rs. 108 per sqft, and average around Rs. 6,022 per sqft. Plots range from ₹6.4 Lac to ₹1.70 Cr based on size and extras. For instance, a 1500 sq-ft plot might cost around ₹13 Lac, while larger plots can reach ₹1.70 Cr.

Infrastructure and Amenities

Living in Othakadai is peaceful and it’s linked well to the city center. Soon, more roads and new public places will make it even better. It is close to many schools, landmarks, and businesses, making it very livable and good for investment.

Rental Market

Renters find houses here, like 2 BHK homes, for around ₹13,000 per month.

Investment Potential

Fast-growing, Othakadai is one of Madurai’s best suburbs. With sensible property prices and upcoming improvements, it's great for making money in the long run. Real estate advisors suggest it for folks looking for better value and rental income.

Life and Environment

Quiet and laid-back, Othakadai is loved for its calm atmosphere. It’s popular among retired government people, adding to its trustworthiness and community vibe.

PropertyWala's Final Review

Othakadai in Madurai is perfect for both people wanting to buy a place to live and those wanting rental earnings. With its affordable prices, different property types, and future projects, it’s an exciting area with great potential. If you’re thinking about investing in Madurai's real estate, Othakadai is definitely worth checking out. Its mix of quietness, access, and growth chances make it a solid pick.

Nearby

  • Transport

    • Shell (~3 km)
    • MGR Paerundhu Nilaiyam (~6 km)
    • Anna Bus Stand (~10 km)
    • Madurai Junction (~14 km)
    • Tiruparankundram (~23 km)
    • Madurai International Airport (~25 km)

  • Shopping & Dining

    • I Foodie Multi-cuisine Restaurant (~1 km)
    • Le Brew Cafe (~2 km)
    • Maththiya Kaaikari Angaadi (~7 km)
    • Vishaal de Mall (~9 km)
    • Priya Complex (~9 km)
    • Shoppers Shop (~14 km)

  • Healthcare

    • Apollo Pharmacy Othakadai (<1 km)
    • Medplus (<1 km)
    • Apollo Pharmacy Melur (<1 km)
    • Bharathi Infinity Hospital (~3 km)
    • Meenakshi Mission Hospital (~5 km)
    • Guru Hospital (~5 km)

  • Education

    • Tamil Nadu Agricultural University (TNAU) - Madurai Campus (~2 km)
    • Ultra College of Engineering and Technology (~4 km)
    • Solamalai College of Engineering (~6 km)
    • Mahatma Montessori Matriculation Higher Secondary School (~8 km)
    • Kalaignar Centenary Library (~9 km)
    • Vikaasa World School (~11 km)

  • Leisure & Entertainment

    • Vetri Cinemas Madurai (Mattuthavani) (~6 km)
    • Walker's Club (~8 km)
    • Madurai Rifle Club (~8 km)
    • MGR Race Course Stadium (~8 km)
    • JAZZ & ARSH CINEMAS (~8 km)
    • Gandhi Ninaivu Arungatchiyagam (~9 km)

  • Services

    • IIFL Gold Loan (<1 km)
    • Madras Uyarneedhi Mandram - Madurai Kilai (~1 km)
    • HDFC Bank ATM (~4 km)
    • Anna Nagar Police Station (~8 km)
    • Pazhaya Maavatta Aatchiyar Aluvalagam (~9 km)
    • Tallakulam Head Post Office (~10 km)

  • Religious Places

    • Laden Temple (<1 km)
    • Sri Sai Baba (~1 km)
    • Ladan koil (~1 km)
    • Karunai Sabai (~3 km)
    • Muniyappa Swamy Temple (~4 km)

  • Business & Hospitality

    • Sterling V Grand Madurai (~5 km)
    • Tamilnadu Co-operative Milk Producers' Federation Ltd (~9 km)
    • JC Residency Hotel (~10 km)
    • Madurai Chettikulam Flyover Project Site (~11 km)
    • Hotel Lotus (~14 km)
    • The Gateway Hotel Pasumalai Madurai (~20 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Oothakadai

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News

Madurai Corporation to Add 16 Panchayats and Paravai Town Panchayat

thehindu · · Infrastructure

Tamil Nadu ordered 16 panchayats and Paravai town panchayat merged with Madurai Corporation, potentially adding about 20 wards as the city population exceeds 20 lakh.

Key facts

Tamil Nadu ordered the merger of Karuppayoorani, Othakadai, Narasingam, Kathakinaru, part of Arumbanur, part of Kodikulam, Chettikulam, Koilpappakudi, Alathur, Pechikulam, Viraganoor, Nagamalai Pudukottai, Karadipatti, Yerkudi Achampathu, Thuvariman and Perungudi panchayats, and Paravai town panchayat, with Madurai Corporation.

Madurai currently has 100 wards across five zones and a population of about 18.55 lakh. The merger is expected to take the population above 20 lakh and may add around 20 wards and another zone. Officials will assess requirements for solid waste management and disposal, potable water, street lights and road widening in the merged areas. Merger planning will begin as the five-year terms of panchayat and town panchayat presidents end.

News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Price Trends

Also known as: Othakkadai, Othakadai, Othakadai, Oththakadai
Locality ID
A811125657
PinCode
625107