Want to buy a house in Mangalore, is it worth buying, which area in Mangalore is good to buy a property and what will be the price of a flat in a new building

Mangalore is one of the vibrant cities on the southern coast of Karnataka. It has been famous for the educational institutions which provide world-class education. Hence, it is also known as the education hub of Karnataka. Speaking about buying a property, Mangalore is a comparatively smaller city than Bangalore. The options are limited and the prices are lower as well. If you want to settle down in a less crowded and peaceful city, then it makes sense to buy a flat in Mangalore. In terms of returns, the appreciation price won’t go as high as expected. The variation in flat rates is quite high. In some areas, you may find the property price to be around Rs. 2000/sq ft, while in some areas, it can be around Rs. 5000/sq ft. So depending on the locality, the property rates vary.

Mangaluru or Mangalore is a city in Karnataka and apart from being famous for its beautiful sceneries and places or culture, it is also famous for being the hub of business centres. People are settling there with great jobs and leading a prosperous life. My uncle lived there for 7 years and is now planning to buy a property in Mangalore. My father is also pleased to hear the news and so are we.

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What are Mangalore property rates?

It is hard to tell about the property rates in Mangalore as there are several factors upon which the price depends. Not all places are equally developed or provide great facilities hence the price differs. Yet on an average, the price of properties is about Rs 3,731 per sq ft.

 

What are Mangalore real estate prices?

It is hard to tell the price of properties in every area. However uncle shared an approx value for some places like

LOCALITY NAME	AVERAGE PRICE PER sq ft
Bejai	Rs 6225
Kadri	6829
Derebail	5429
Kankanady	6291
Attavar	5860
Urwa	5314
Kulshekar	4239

These are some famous localities to move in so you can check out the properties here if you want to shift. A property in Mangalore starts from Rs 5 Lacs and on average the price is nearly Rs 93 Lacs

If you really want to buy a house in Mangalore, just go for it. 

 

What is 1 cent price in Mangalore?

1 cent means 435.56 sq ft. In Mangalore, it is hard to say which land costs how much unless one visits the place. The market value of land in Mangalore as far as I know varies from Rs 914 sq ft to Rs 10,753 or more. It is best to contact experts and know the prices of a particular area in Mangalore.

It is a great idea to buy a property in Mangalore since it is safe as well as has several job opportunities that are sure to better anyone’s life. 

 

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