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New Residential Projects in Mangalore

Displaying 1 - 8 of 8 total results

Thokottu, Thokkottu, Mangalore

1 BHK, 2 BHK & 3 BHK Flats
675 Sq.ft To 1540 Sq.ft Super Built-up Area
18.21 Lacs Onwards
Landmark Infratech
Investor / Resale Options Available
+91 98205 75619

Landmark Oxygen is a residential development by Landmark Infratech and SS Realty. It has a thoughtful design and is well equipped with all the modern amenities and basic facilities. The project offers spacious and well-designed 1BHK, 2BHK and 3BHK apartments with starting area from 675 Sq.ft To 1540...

Pandeshwar, Pandeshwar, Mangalore

2 BHK & 3 BHK Flats
1295 Sq.ft To 1895 Sq.ft Super Built-up Area
58.27 Lacs Onwards
Landmark Infratech
Investor / Resale Options Available
+91 98205 75619

Landmark Grand City is a residential development of Landmark Infratech. Located in the midst of Mangalore, it is built across a wide area. These high quality 2 BHK & 3 BHK housing units creates it a dream home to everyone. These apartments are superbly designed with modern features and is approv...

Attavara, Attavara, Mangalore

2 BHK & 3 BHK Flats
1275 Sq.ft To 1715 Sq.ft Super Built-up Area
On Request
Landmark Infratech
Investor / Resale Options Available
+91 98205 75619

Landmark Lexa, located in Mangalore, is a jointly developed residential project by Landmark Infratech and SS Realty. It offers spaciously designed 2 BHK and 3 BHK apartments with starting area from 1275 Sq.ft To 1715 Sq.ft Super Built-up Area at affordable cost. The project is well prepared with all...

Bolar, Bolar, Mangalore

2 BHK & 3 BHK Apartments
1230 Sq.ft To 2315 Carpet Area
47.97 Lack Onwards
Landmark Infratech
Investor / Resale Options Available
+91 98205 75619

Landmark Green County is one of the residential developments of Landmark Infratech, located in Mangalore. This project offers 2BHK and 3BHK apartments at affordable price. The project is well prepared with all the basic features to facilitate the demands of the people. Location: Bolar is an upc...

Derebail, Derebail, Mangalore

2 BHK & 3 BHK Flats
1194 Sq.ft To 1765 Sq.ft
Rs 50 Lacs Onwards
Brigade Group
Investor / Resale Options Available
+91 98205 75619

Brigade Pinnacle is a new residential project at Derebail, Mangalore. This project is currently under construction which is being developed by Brigade Group. It covers 3.3 acres of land on which there will be 3 Towers of 17 Floors each. These towers will consist of Premium 2 BHK & 3 BHK apartmen...

Sturrock Road, Sturrock Road, Mangalore

3 BHK Flats
2446 Sq.ft To 2515 Sq.ft
Rs 1.10 Cr Onwards
Prestige Group
Investor / Resale Options Available
+91 98205 75619

...

Near Yeyyadi Industrial Estate, Yeyyadi, Mangalore

1 BHK, 2 BHK & 3 BHK Flats
572 sq.ft To 1695 sq.ft
Rs 30 Lacs Onwards
Godrej Properties Limited
Investor / Resale Options Available
+91 98205 75619

Godrej Alpine Yeyyadi Mangalore (Mangaluru): Those who want to invest into property or who want to buy home for household, this project site at a highly eulogized location will accomplish your dream of buying beautiful dwelling place. Those with gracious life style would definitely get lured out of ...

Kulai, Kulai, Mangalore

2 BHK, 3 BHK Flats
975 Sq.ft To 1870 Sq.ft
45.70 Lacs Onwards
Raheja Universal
+91 97690 25551

Raheja Waterfront located at Kulai Mangalore is a 23-storeyed apartment residential project with 2and 3 BHK apartments. This project lies amidst a serene and congenial atmosphere which is salubrious and conducive to the health. Those who prefer gracious life style like to choose this grand location ...

Read More About Mangalore & it's Real Estate Property Market

  • Mangalore officially known as Mangaluru is the chief port city of the Indian state of Karnataka.
  • It is located about 371 kilometres west of the state capital, Bengaluru.
  • Mangalore lies between the Arabian Sea and the Western Ghat mountain ranges, and is the administrative headquarters of the Dakshina Kannada (formerly South Canara) district in south western Karnataka.
  • Mangalore was ranked as India's 13th place in top business destination in a recent survey.
  •  The city of Mangalore is known as the Petrochemical capital of India.
  • It developed as a port on the Arabian Sea and is today a major port of India.
  • Located on the backwaters of the Netravati and Gurupura rivers, Mangalore is often used as a staging point for sea traffic along the Malabar Coast.
  • The city has a tropical climate and lies in the path of the Arabian Sea branch of the South-West monsoons.
  • Mangalore's port handles 75 per cent of India's coffee exports and the bulk of the nation's cashew exports.
  • Mangalore was ruled by several major powers, including the Kadambas, Alupas, Vijayanagar Empire, Keladi Nayaks, and the Portuguese.
  • The city was a source of contention between the British and the Mysore rulers, Hyder Ali and Tipu Sultan.
  • Eventually annexed by the British in 1799, Mangalore remained part of the Madras Presidency until India's independence in 1947.
  • The city was unified with the state of Mysore (now called Karnataka) in 1956.

POPULAR TOURIST ATTRACTIONS:

  • Mangaladevi Temple: The city of Mangalore was known formerly by the name Mangalapur before it was anglicized by the British. The name Mangalapur comes from the deity Mangala Devi to which this temple is dedicated. The Temple was established in the 19th century by the King of the Ahepa dynasty.
  • Gokarnanatheshwara Temple: Dedicated to ‘Gorakhnatha’, another name for the Hindu deity Lord Shiva, it is a fairly recently built temple in Mangalore. The temple’s architecture is more akin to the Dravidian style and features a golden colored gopuram which is 60 feet high and is decorated with stucco figures. The temple features some exquisite works of rock carving and sculpting and is a must visit during the major Hindu festivals.
  • Panambur Beach: The site of the new Mangalore port, this beach is located 13 kilometers from Mangalore. The beach is one of the sparsely crowded beaches in Mangalore and is the best place to go and relax. The beach is safe for secluded swimming and is a great place to relax and refresh your senses.
  • Surathkal Beach: Another pristine beach in Mangalore located 12 kilometers from the main city, it’s known for its unique powdery sand which is really comforting while walking barefoot. The place is also known for its lighthouse that provides some great views of the ocean and the countryside.
  • Jog Falls: The second highest waterfalls in India, they cascade down the mountains from a height of 253 meters. The Falls are created by the Sharavati River that flows through the region falls from the mountains for the Western Ghats in 4 different waterfalls and can be reached through the 1400 steps constructed by the tourism department of Karnataka.
  • St. Aloysius Church: Built in 1880 by the Jesuit Missionary, this church is famous for its marvelous architecture and interiors. The church features paintings by the Italian artist Antonio Moscheni that cover most of the walls inside the chapel. The paintings feature the various saints in Christianity and are well preserved by a special committee that is also responsible for their maintenance and restoration.

DEMOGRAPHICS:

  • Mangalore is demographically diverse with several languages, including Tulu, Konkani, Kannada, Urdu, and Beary commonly spoken.
  • English, Malayalam, Hindi, and Urdu are also spoken in the city.
  • A resident of Mangalore is known as a Mangalorean in English, Kudladaru in Tulu, Kodialghar in Catholic Konkani, Kodialchi or Manglurchi in Goud Saraswat Brahmin Konkani, Manglurnavaru in Kannada, and Maikaaltanga in Beary.
  • Hinduism is the largest religion in Mangalore.
  • Devadiga, Mogaveera, Billavas, Ganigas, Bunts, Kota Brahmins, Shivalli Brahmins, Havyaka Brahmins, Sthanika Brahmins, Goud Saraswat Brahmins (GSBs), Chitpavan Brahmins and Kulals are the major Hindu communities that reside here.
  • Christians form a sizeable section of Mangalorean society, with Konkani-speaking Catholics accounting for the largest Christian community.
  • Protestants in Mangalore typically speak Kannada.
  • Mangalore has one of the highest percentage of Muslims as compared to other cities in Karnataka. Most Muslims in Mangalore are Bearys, who speak a dialect of Malayalam called Beary basse.
  • There is also a small community of local Jains and Gujarati traders that reside here.
  • Mangalore is the largest city in Dakshina Kannada district.
  • Mangalore is one of the most cosmopolitan non-metro cities of India.
  • The city's landscape is characterised by rolling hills, coconut palms, freshwater streams, and hard red-clay tiled-roof buildings.
  • With its pristine beaches, broad roads and calm localities, Mangalore was declared the eighth cleanest city in India
  • It had a population of approx 484,785 as per the 2011 Census of India.
  • The urban population was approx 619, 664, while the city metropolitan area had an estimated population of about 484,785 in 2011.
  • Males numbering about 240,651 constituted approx 50 percent of the population, while there were about 244,134 females.  
  • Male literacy was 96.49 percent, while female literacy was 91.63 percent.
  • About 8.5 per cent population was under six years of age. 
  • Mangalore's literacy rate is 94.03 per cent which is significantly higher than the national average of 59.5 percent.

JOBS & EMPLOYMENT OPPORTUNITIES:

  • Mangalore's economy is dominated by industrial, commercial, agricultural processing and port-related sectors.
  • The New Mangalore Port is India's eighth largest port, in terms of cargo handling. It handles 75 per cent of India's coffee exports and the bulk of its cashew nuts.
  • During 2000–01, Mangalore’s contribution to that state of Karnataka was approx INR 33.47cr (US$5.31 million).
  • Leading industrial majors based here include: Mangalore Chemicals and Fertilizers Ltd. (MCF), Kudremukh Iron Ore Company Ltd. (KIOCL), Mangalore Refinery and Petrochemicals Ltd. (MRPL), BASF, Bharati Shipyard Limited and Total Oil India Limited (ELF Gas).
  • Mangalore is the second biggest business centre and the second richest city in the state after Bengaluru,  in terms of both GDP and per capita income.
  • It is home to one of the largest SEZ's in India, the ONGC MSEZ , which is currently the fastest growing non-metro in the south.
  • The city’s growing economic clout can be gauged from the fact that over 400 luxury cars (costing over INR 20 lakhs) were sold in Mangalore in 2014 alone.
  • At least three new IT SEZ'S are under-development in Mangalore. IT majors like TCS, Wipro, Lotus and others have invested in the creation of new employment opportunities here.
  • Mangalore is also known as the petrochemical capital of India.
  • It is one among only 5 cities in the country to have both a major port and an international airport.
  • There are over 20 Malls in Mangalore, the biggest of them is Lotus Mall, with a total built-up area of 12.7 lakh sq ft and a GLA of 9 lakh sq ft.
  • Mangalore already has some of the tallest buildings in South India, with many more under construction.
  • Major information technology (IT) and outsourcing companies like Infosys, Cognizant Technology Solutions, MphasiS BPO, Thomson Reuters have established a presence in Mangalore.

TRANSPORT & CONNECTIVITY:

  • Mangalore's strategic location makes it accessible via all forms of transport - Air, Rail, Water and Road.
  • Popular transport options in the city include private buses, KSRTC buses, trains, taxis and autorickshaws.
  • Mangalore International Airport is situated near Bajpe/Kenjar, 15 kilometres north-east of the city’s centre.
  • It is the second airport in Karnataka and also operate flights to international destinations.
  • Major national and international airlines including Jet, Air India Express, Spice and Ethihad operate daily and weekly services from this airport.
  • The city is connected by air to several major destinations in India and the Gulf region like the UAE, Oman, Qatar, Saudi Arabia, Bahrain and Kuwait. 
  • The new terminals and runways at the airport accommodate both cargo and passenger requirements.
  • Mangalore International Airport recorded phenomenal growth in cargo and passenger handling in the year 2013 due to increased capacity and infrastructure development.
  • The state government also operates a bus service plying between the city and the airport.
  • Four major national highways pass through Mangalore.
  • NH-66 which connects Panvel (near Mumbai) to Edapally Junction (near Kochi), passes through Mangalore in a north–south direction.
  • NH-48 runs eastward to Bangalore. NH-13 runs north-east from Mangalore to Solapur. NH-234, a 715-km long National Highway connects Mangalore to Villupuram.
  • The National Highways Authority of India (NHAI) is upgrading the national highways connecting New Mangalore Port to Surathkal on NH-66 and BC Road junction on NH-48.
  • Under the port connectivity programme of the National Highways Development Project (NHDP), a 37.5-kilometre (23.3 mi) stretch of these highways will be upgraded from two-lane to four-lane roads.
  • Mangalore's city bus service is operated by private operators and provides access within city limits and beyond.
  • Two distinct sets of routes for the buses exist—city routes are covered by city buses, while intercity routes are covered by service and express buses.
  • Karnataka State Road Transport Corporation (KSRTC) operates long distance bus services from Mangalore to other parts of the state.
  • The other key players who run bus services from Mangalore are the Dakshina Kannada Bus Operators Association (DKBOA) and the Canara Bus Operators Association (CBOA).
  • These buses usually ply from the Mangalore Bus Station. White coloured taxis are also a popular option for travel in the city with the autorickshaw.
  • Mangalore has two railway stations—Mangalore Central (at Hampankatta) and Mangalore Junction (at Kankanadi).
  • A metre-gauge railway track, built through the Western Ghats, connects Mangalore with Hassan.
  • The broad gauge track connecting Mangalore to Bangalore via Hassan was opened to freight traffic in May 2006 and passenger traffic in December 2007.
  • Mangalore is also connected to Chennai, Trivandrum, Kochi, Kollam(Quilon) through the Southern Railway and to Mumbai via the Konkan Railway.
  • Mangalore Harbour has shipping, storage, and logistical services, while the New Mangalore Port handles dry, bulk, and fluid cargoes.
  • The new Port is also well equipped to handle petroleum oil lubricants, crude products and LPG containers. It is also the station for the coast guard.
  • This artificial harbour is India's ninth largest port, in terms of cargo handling, and is the only major port in the state.

INFRASTRUCTURE OUTLOOK:

  • The state government has been taking a lot of initiatives to improve the infrastructure of all the cities including Mangalore.
  • The government is encouraging the participation of private companies to invest in the infrastructural development of Mangalore.
  • To enhance the private-sector participation in such projects, the government has promised to give concessions in case of investments of more than INR 100cr.
  • The condition of the health infrastructure at Mangalore has also shown a great deal of progress with a number of government as well as private hospitals opening up in the city.
  • One of the prime sectors of Mangalore that have shown a great deal of development is the power sector. The production of power and its large-scale distribution are being emphasized.
  • KSIIDC, the nodal development agency of the state government, has planned a Petroleum, Chemicals & Petrochemicals Investment Region (PGPIR) at Mangalore.
  • Spread over an area of 250 sq.kms, the project is expected to bring a sea-change in the industrial and economic growth of the Mangalore region with a direct investment of INR 1,56,500cr and indirect investment of approx INR  73,500Cr.
  •  The project is expected to generate direct employment to about 2.04 lakh people and indirect employment to another 4.31 lakh.
  • Some of the major projects taken up for project development through KIPDC include:
  • The development of a bus terminus-cum-commercial area in Puttur, Hassan, Channarayapatna, Chitradurga, Belgaum, Hubli, Dharwad, Gulbarga, Bidar for KSRTC, NWKRTC and NEKRTC.
  • An upcoming commercial area at Bendoorweil, Mangalore for KSRTC.
  • Development of an expansive Golf Course and Aquamarine Park at Tannir Bhavi in Mangalore.
  • Tourism Development in four identified circuits namely, Jog - Agumbe – Banavasi, Badami - Pattadakal – Aihole, Belur and Bijapur.

REALTY MARKET OVERVIEW:

  • The coming of IT companies has had a positive impact on the city’s real estate market and development.
  • The development of the city’s roads, railways and the airport in recent times has also contributed to the rise of Mangalore as a realty destination.  
  • The city’s realty market is witnessing an upswing riding on the back of the increased interest shown by investors and NRIs in recent years.
  • Property rates and rental values here are much cheaper as compared to neighboring cities like Bengaluru and Chennai, driving demand in the residential segment.
  • Average rental values for a 1BHK apartment in the city center ranges from INR 8000-9000 p.m while an apartment is priced in the range of INR 57,000 per sq.mtr.
  • Popular upcoming residential projects launched here include: Inland Windsors, Land Trades Sai Prem, Udbhav Bhaskar Coconut Groves, Bharat Aashraya, Vishwas Samrat, Mangalore Hills, Rohan Primero and Land Trade Atlantis.
  • Residential property prices range from INR 2,100-7,000 psf depending on the location, developer, specification and amenities offered in the project.
  • Prices for villas range from INR 3,800-4,200 psf which again varies depending on a combination of factors.
  • The coming of shopping malls, healthcare facilities, educational institutions and infra facilities have led to an increase in property rates in areas like: Kallappu, Thokkottu, Kulashekara and Kuloor.
  • As a result, prices of apartments in these locations have increased by over INR 1,000 psf in the last one year.
  • The City Center Mall on KS Rao road is currently the largest shopping mall in Mangalore.  
  • Some of the leading real estate developers active here include: Janata Constructions, Mahableshwara Builders and Mohitsham Complexes.
  • According to local realtors, office space movement is currently sluggish and investors are evincing keen interest for leased properties that yield competitive returns on investment.

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