Overview of Malemar, Mangalore

Location and Accessibility

Malemar is a place in Mangalore, known for its advantageous spot and connectivity. It's near important places and infrastructure, making it a good choice for buyers or renters.

Property Prices

• The average price per square foot in Malemar is roughly Rs. 4,368.
• Homes for sale in this area vary from ₹80 Lac to ₹2 Cr, depending on size and features.
• Commercial properties also have different prices but the neighborhood offers fair deals for many types of properties.

Property Types and Configurations

• You can find 2 BHK, 5 BHK, and other kinds of residential homes in the area. 5 BHK rooms are quite common here.
• Properties come in sizes ranging from 1,175 sqft to 2,500 sqft and more, fitting different needs and budgets.

Rental Options

• Renters can choose 2 BHK flats, usually not with furniture but can be furnished. Carpet areas often hit around 1200 sqft. Places like Derebail Malemar road, near AJ hospital, have popular rental properties.

Amenities and Infrastructure

• Malemar is near hospitals, schools, and other needful spots, improving its comfort for living.
• It’s linked to major roads and public transport, making it handy for folks living there.

Market Trends

• The region sees steady need due to its place and supply of various property types.
• Expect prices for commercial and residential places to stay put or slowly rise, making it a somewhat sound investment option.

Projects and Developments

• Several noteworthy projects in Malemar deliver modern needs and carefully planned facilities.
• These projects mix luxury and budget-friendly homes, meeting numerous buyers' needs.

PropertyWala’s Final Thoughts

Malemar in Mangalore stands out as a good chance for real estate investment or rentals. With fair property prices, numerous property forms, and good connections, it's appealing for families and professionals. The availability of key amenities and development underway make Malemar a sensible pick for those buying or renting in Mangalore. Still, it’s smart to examine the market closely and check properties personally before settling on any decisions.