Overview of Chilimbi, Mangalore

Location and Connectivity

• Chilimbi sits right on the Mangalore-Udupi Highway, meaning it's super accessible.
• It's near the Infosys campus and has great links to schools, colleges, hospitals, banks, and markets within a short 2-kilometer walk.

Safety and Environment

• Chilimbi gets a 4+ rating from locals, making it a trusted spot to live.
• There’s a nice environment and easy walking access to spots like Reliance Smart, Sai Baba Mandir, and Ladyhill.

Property Types and Prices

Apartments

• 2 BHK Flats: Prices range widely from ₹55 lakhs to ₹932.20 Cr, though the top figure seems off. Usual prices fall around ₹50 lakhs to ₹55 lakhs.
• 3 BHK Flats: Prices range from ₹1.09 Cr to ₹2.85 Cr, although some could be incorrect at ₹3964.05 Cr. Typical values hover around ₹1.09 Cr to ₹2 Cr.

Average Price per Sqft

• Chilimbi’s average property price is about ₹7,468 per square foot, with some starting at ₹10,000 per square foot.

Availability of Properties

• The market features both ready-to-move, resale, and under-construction places.
• Currently, four ready-to-move flats are on offer starting from ₹55 lakhs, based on the BHK type.
• Around three resale flats are also available starting similarly at ₹55 lakhs, depending on BHK configuration[2'].

Rental Options

• Monthly rent for 2 BHK flats in Chilimbi hits around ₹15,000.

Amenities and Infrastructure

• Chilimbi boasts strong linkages – roads face the properties, covered parking is available, and it's near medical facilities, supermarkets, shopping areas, and transport stops.
• Most properties feature big balconies, bright lighting, and modern amenities.

PropertyWala's Summary

To sum it up, Chilimbi, Mangalore, stands out as a great option for both buyers and renters due to its fantastic connectivity, safety, and diverse property choices. Average prices show a rising market trend (a 59.16% spike in property rates in the past year). Its strategic position near essential amenities and key highways enhances its attractiveness. Still, it's vital to carefully check the prices against market norms, given a few odd listings. All in all, Chilimbi provides an affordable, comfortable, and convenient option for real estate investment in Mangalore.