Thokottu, Mangalore

Situation and Accessibility

Thokottu, part of Mangalore in Karnataka, boasts a strategic location and decent connectivity. Situated in the Ullal area, it’s perfect for those wanting both urban and suburban experiences.

Property Rates

• Starting Price: Properties start at Rs. 3,166 per square foot.
• Average Price: The average price clocks in at Rs. 6,277 per square foot.
• Price Range: Prices range from Rs. 3,166 to Rs. 7,916 per square foot here.

Market Trends

• Year-over-Year Growth: The property market has seen a 51.38% increase over the last year, showcasing robust growth for buyers and sellers.
• Investment Potential: Current price trends suggest profitable returns for buying and selling in Thokottu.

Property Types

• Independent Houses: Options include 2 BHK and larger, starting around Rs. 52 lac for unfurnished 2 BHK flats.
• Flats and Apartments: Available are ready-to-move-in units, often featuring attached servant rooms and more.

Amenities and Infrastructure

• Schools and Hospitals: Thokottu is well-equipped with schools and hospitals, ideal for families and those who need medical services.
• Residential Projects: The area has a mix of housing projects and standalone houses for different buyer preferences.

Rental Options

• Availability: Homes available for rent here include 1/2/3/4 BHK options, furnished, semi-furnished, and owner-occupied.
• Variety: Rentals span from basic to well-furnished, fitting various budgets and tastes.

PropertyWala's Conclusion

Thokottu, Mangalore, is promising for both buyers and renters alike, offering robust market growth, diverse property types, and strong infrastructure. Major growth makes it an appealing investment. Coupled with schools, hospitals, and amenities, it greatly enhances life quality. For anyone eyeing real estate here, keeping an eye on changing price trends is key for informed decisions.