Land Trades Builders & Developers inaugurated ALTURA, a 32-storey luxury residential tower at Bendoor in Mangaluru, on February 11, 2026, according to the company’s account of the event. mangaloretoday had previewed the inauguration in a September 2026 report.
The mangaloretoday report said the builder was set to inaugurate the tower, described as a 32-storey luxury residential building in Bendoor, on February 10, 2026. The company’s account gives February 11 as the date of the inauguration.
The event was attended by Yenepoya university chancellor Dr Yenepoya Abdullah Kunhi, Mangaluru Police Commissioner Sudheer Kumar Reddy and Karnataka Bank managing director Raghavendra Srinivas Bhat, the company said.
What the launch included
The inauguration also marked the launch of 'My Community App', a digital platform exclusively for ALTURA residents. The company also symbolically handed over the first apartment key to buyer Rohit Shetty.
The key handover indicates that the first buyers are receiving homes in the tower. ALTURA offers prospective buyers in Bendoor a high-rise option in a locality better known for low- and mid-rise apartment buildings.
About the developer
Land Trades was established in 1992 by K Shrinath Hebbar. Daijiworld reported in March 2026 that the firm is ISO 9000:2015 certified and has a DA2 CRISIL Real Estate Developer Rating. The report said it has completed 43 projects and delivered more than 4,000 homes, and is running five high-rise projects at the same time.
Daijiworld listed ALTURA at Bendoorwell among the firm’s portfolio projects. The builder has also launched Durga Mahal, a 12-unit 3BHK project at Mannagudda, according to the same report.
Bendoor and its surroundings
Bendoor is close to the city centre. Mak Mall is about 1 km away, while SCS Hospital and Father Muller Medical College are each within about 1 km. Mangaluru Central station and the KSRTC bus stand are about 3 km away, and Mangalore International Airport is about 13 km by road.
St. Aloysius University is about 2 km from the locality. Kadri Manjunatha Temple and Kadri Park are also about 2 km away.
The nearby localities of Kankanady, Kadri and Bejai are also listed on PropertyWala. Readers can browse the wider market on the Mangalore page.
What to watch next
The company has not given further handover timelines in the material reviewed. Readers tracking the tower can follow progress through the developer's announcements and the Bendoor page on PropertyWala.