Overview of Mulki, Mangalore

Location and Connectivity

Mulki, situated in Mangalore, stands out as a promising real estate market blending calmness and top-tier amenities. Its strong connectivity makes it a hot choice for both investors and people seeking homes.

Property Prices and Trends

• Average Price per Sqft: Mulki's property average stands at ₹2,588 per sqft.
• Price Range: Prices in Mulki range from ₹316 to ₹4,347 per sqft.
• Year-on-Year Growth: Property rates have dipped by 4.21% in the past year, signaling a stable market.

Types of Properties Available

• Apartments: Options vary from 1 BHK to 3 BHK, costing between ₹23.5 lakhs to ₹30 lakhs for a 1 BHK unit.
• Independent Houses/Villas: There are 3 BHK houses and villas, priced at around ₹59 lakhs.
• Plots: Residential plots available range in price from ₹20 lakhs to ₹50 lakhs, in various sizes.

Sub-Locality: Karnad

Looking at a particular part of Mulki, Karnad stands out:

• Average Price per Sqft: ₹2,665 per sqft in Karnad.
• Price Range: ₹316 to ₹4,347 per sqft.
• Year-on-Year Growth: Karnad has experienced a huge property price growth of 34.42% over last year, showing it as a good investment spot.

Rental Properties

Rental seekers will find many possibilities in Mulki:

• Residential Choices: Rent includes furnished and semi-furnished apartments, houses, and villas for 1/2/3 BHK flats and homes.
• Commercial Spaces: There are options like warehouses, office spaces, especially in the nearby Baikampady Industrial Zone.

Infrastructure and Amenities

• Modern Amenities: Mulki features connectivity and advanced amenities, creating a comfortable living experience.
• Quiet Setting: The area offers a calm environment ideal for those who prefer a tranquil space.

PropertyWala’s Conclusion

Mulki, Mangalore, offers a good blend of affordability, amenities, and appreciation potential, suiting diverse budgets and needs. The stable prices and growth in areas like Karnad suggest a fruitful market. Whether seeking a property or an investment, Mulki caters to various preferences and requirements.