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Mandavi Prince Palace - 2 BHK apartment for buy-resale in Hanumantha Nagar, Udupi - main view
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Type

apartment

Bedrooms

2 BHK

Floor

16 of 5

Possession

ready

For buy-resale Terra Verified

Mandavi Prince Palace

Mandavi Prince Palace Hanumantha Nagar, Udupi

From ₹62 Lakh
Bedrooms
2 BHK
Floor
16 / 5
Furnishing
semi-furnished
Type
apartment

About this property

Mandavi Builders was established in the year 1996 by Mr. Jerry Vincent Dias. Since its inception, the company has been at the forefront of real estate development in Udupi-Manipal. Carrying over two decades of expertise in construction and real estate development, the developer has delivered many projects, such as townships, high-rise condominiums, malls, and office complexes. The company has elaborate plans on the anvil to develop super townships in the future for the comfort of its discerning customers. Mandavi Emerald and Mandavi Plaza are some of its successful projects.

Property Details

Basic Information

Property ID
#899
Property Type
apartment
Listing Type
buy-resale
Possession
ready
Ownership
freehold

Configuration

Bedrooms
2 BHK
Furnishing
semi-furnished
Floor
16 of 5

Area & Dimensions

Carpet Area
1089 sq.ft

Legal & Compliance

RERA Approved
No

Investment Calculator

Estimate your returns

5 Years
1 Yr15 Yrs
Future Value
₹82.97 Lac
+₹20.97 Lac
Rental Yield
3.0%
₹15,500/mo
Rent (5Y)
₹10.28 Lac
₹18,840/mo Yr 5
Total ROI
50.4%
~8.5%/yr
Investment Summary5 Year Projection
Initial Investment₹62.00 Lac
+ Capital Appreciation₹20.97 Lac
+ Rental Income₹10.28 Lac
Total Returns₹31.25 Lac

Projections based on 6% annual appreciation and 5% rent increase. Actual returns may vary based on market conditions.

Amenities

9 amenities available

Power Backup
Water Supply
Lift
Security
Parking
Intercom
Children Play Area
Park/Garden
Visitor Parking

Floor Plans (5)

Floor Plan 1 - Mandavi Prince Palace
Floor Plan 2 - Mandavi Prince Palace
Floor Plan 3 - Mandavi Prince Palace
Floor Plan 4 - Mandavi Prince Palace
Floor Plan 5 - Mandavi Prince Palace

Nearby Places

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Legal Clarity

Approvals & Documentation Status

Legal Compliance Score
67%
4 of 6 approvals in place

Approvals & Clearances

RERA Registration
PendingDec 2023
Building Plan Approval
ApprovedNov 2023
Environmental Clearance
ApprovedOct 2023
Fire NOC
ApprovedJan 2024
Commencement Certificate
ApprovedDec 2023
Occupancy Certificate
Pending
Developer Information
Developer
Mandavi Builders
Project
Mandavi Prince Palace

Legal information is based on documents provided by the developer. We recommend independent verification before making any purchase decision.

Frequently Asked Questions

Common questions about Mandavi Prince Palace

RERA approval status is pending verification. We recommend checking with the builder directly for the latest RERA registration status.

Locality & Market Insight

Why invest in Hanumantha Nagar?

"Hanumantha Nagar is witnessing transformation with premium infrastructure and seamless connectivity, making Mandavi Prince Palace a high-value asset for both lifestyle and investment."

The real estate market in Udupi has shown consistent growth. Specifically, Hanumantha Nagar is now a preferred destination due to its proximity to commercial hubs and social infrastructure.

Area Highlights

  • High capital appreciation potential
  • Excellent connectivity to major highways
  • Proximity to top schools and hospitals
  • Growing rental demand in the neighborhood

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Down Payment

₹12.40 Lakh

20%

Loan Amount

₹49.60 Lakh

80%

Total Interest

₹53.71 Lakh

52%

₹49.60 Lakh
10%90%
8.5% p.a.
6%15%
20 Years
5 yrs30 yrs
Payment Breakdown
Principal: ₹49.60 Lakh
Interest: ₹53.71 Lakh

Total Amount Payable

₹1.03 Cr

Get pre-approved loans from

SBIHDFCICICIAxis

TerraScore™

Property Rating

68out of 100
Good

Decent property with room for improvement in some areas.

Location
18/25
Good connectivity
Builder Trust
15/25
Builder info available
Legal & RERA
10/25
Verify documents
Amenities
25/25
Premium amenities

TerraScore™ is an indicative rating. Always verify details independently.

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