Even though the general growth of the sectors around the globe are pretty slow, Mangalore real estate market shows the statistics that contrast with the general studies. After the new government policy concerning development of the cities and provinces, the market in the city has boomed, and the tendency is being supported by builders that keep announcing new projects that are leading to fast urbanization.
People belonging to lower-middle and middle class families heading Mangalore should better head to houses in the suburbs of the city – for instance, in Derebail or Shakthinagar. There are also affordable flats in the Ashokangar – the standard 2BHK cost about Rs. 30,000-35,000. For the 3BHK one should pay about Rs. 70,000 and more. There are a lot of malls already built here, and some still under construction.
If you desire to find an apartment or a house for you and your family, there is a great service you can use to make your property search in Mangalore a lot easier. NeedaProperty.in works in a simple algorithm – it gathers all the property adverts from Indian estate websites and agencies, and thus you can only check one page instead of brushing through all of them.