THE INCREDIBLE REAL ESTATE GROWTH OF MANGALORE

Created on 16.07.2014 08:42:03
Mangalore has started gaining its importance in reality market nationwide.  Mangalore is following the footsteps of Metropolis such as Bangalore and Chennai.  The chief contribution to the growth is its connectivity; well connected by Roads, Air and Sea. The incredible demand in the reality segment of Mangalore is enduring to push the value up even in every nook of the city.
 
In the present day it wouldn’t be erroneous to say that populace in Mangalore is taking into consideration to move to distant and quieter suburbs away from the hustle bustles of the city. Every part of Mangalore is self sustainable with infrastructures like Schools, Hospitals, Super Markets, Medical stores, Restaurant and such. With this revolution in trend, land prices have amplified by over 100% in locations such as Kallappu, Thokkottu, Kulashekara , Kuloor etc.   This has also piloted the prices of apartments in these locations increase by over Rs.1000 per square feet in last one year. The active strength behind these changes is the influence of booming industries, educational institutions and information technology on which the city is now carried. Because of the urbanization the residential areas located in the edge of the city has now turned out and have become the prime locations.
 
Mangalore city can now cater to the demand of the Metropolitan lifestyle with its features like Shopping Malls, Multi Cuisine Restaurants, Multiplexes, Food Courts, Star Hotels, Golf Course, Sports Clubs and International GYM brands.  Mangalore real estate sector has not only nourished the growth of builders and developers in Mangalore but also have attracted realty giants to the city. Today the landscape of the Mangalore city is being transformed absolutely by these companies for catering to the demand of housing sector and for the betterment of the people. Increase in the development of the building with modern amenities and the introduction of the shopping malls to the city has resulted in the change of lifestyle of the inhabitants.

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