Real Estate Insights in Bondel, Mangalore

Property Pricing and Trends: Looking at Bondel, Mangalore, the real estate market is balanced between affordability and rising property values. The entry-level price hovers around Rs. 1,954 per square foot, with an average rate at Rs. 5,950 per square foot. Even though the property rates decreased by 2.48% in the past year, this doesn't change the fact that buying or selling properties in Bondel is likely to be quite profitable.

Kinds of Properties Available: Bondel provides a range of property options, from apartments to standalone houses and villas. Here’s a breakdown:

• Apartments: Ranging roughly between Rs. 5,000 - Rs. 6,000 per sqft
• Independent Houses: Prices typically around Rs. 4,800 - Rs. 5,400 per sqft
• Villas: Usually cost from Rs. 5,200 - Rs. 5,600 per sqft

Property Availability: There are more than 17 properties now up for sale in Bondel, and some rental options as well. There’s a mix of new and existing housing societies, so there’s a good selection for both buyers and tenants.

Rental Possibilities: If renting suits you, 2 BHK houses with monthly rents around ₹10,000 are available, making them great for families or anyone wanting a temporary or long-term stay.

Comparison with Neighboring Regions: Checking Bondel, it helps to look at nearby areas too. Take Derebail and Bejai, for example; both have seen noticeable increases in property value in recent times. They now hover around Rs. 5,450/sq.ft and Rs. 6,550/sq.ft respectively.

PropertyWala’s View

Bondel in Mangalore offers a fair mix of budget and upscale real estate market options. Even with a recent minor dip in property rates, the general direction is favorable for both investors and regular buyers. Its diverse array of property types and fresh housing communities enhance its attractiveness. For anyone seeking to buy or rent, Bondel is an encouraging choice with good potential for growth in value over the long run.