Nehru Maidan, Mangalore

About

Location and Overview

Nehru Maidan is a significant landmark in Mangalore, Karnataka, and it’s not typically considered a residential area but rather a public space. However, understanding the Nehru Maidan vicinity can be crucial for people looking to buy or rent property nearby.

Historical and Current Use

  • Nehru Maidan is a 24-acre plot vested in Mangaluru City Corporation by the Coelho family in 1907. The condition? Only for sports and recreation.

Surrounding Infrastructure

  • The surrounding area is teeming with amenities like:
    • State Bank
    • Fish Market
    • Bus Stand
    • Town Hall
    • Mahatma Gandhi Park
    • MESCOM Station
    • Public toilets and other community facilities.

Real Estate Prospects

Proximity to Amenities
  • Properties near Nehru Maidan enjoy easy access to essential services, public transportation, and communal spaces.
  • The region is well-connected, adding to the convenience factor for residents.
Development and Utilization
  • Originally, the area was meant for sports and recreation. Yet, it has seen various, sometimes unauthorized, constructions. That might affect the appearance and usability of surrounding properties.
Market Demand
  • Mangalore, particularly areas near Nehru Maidan, sees interest because of the booming industries, infrastructural expansions, and top-notch healthcare and education facilities.

Potential Issues

Legal and Regulatory Concerns
  • The misuse of Nehru Maidan and the building of illegal structures might spark legal issues. This could result in a claim on the land by the original donors or their successors.
Traffic and Public Events
  • This area frequently hosts public events, sometimes leading to traffic jams and disturbances. There's talk of banning public events at Nehru Maidan to keep things orderly and fix traffic problems.

PropertyWala’s Conclusion

If you’re thinking of buying or renting property near Nehru Maidan in Mangalore, make sure to weigh the benefits against the downsides carefully. While the area offers great access to amenities and convenience, legal disputes and possible changes in land use might affect property values and living standards. Keep an eye on local changes and regulations before deciding. Despite these hurdles, the area remains a dynamic and centrally located part of Mangalore, appealing to those who prioritize ease and community perks.

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Price Trends

Locality ID
A351366110
PinCode
575001