General Guide

We know that the real estate market has its own worries, but people actually want to buy their perfect apartment. The most interesting aspect is that the price of real estate in the last few years has not been affected in comparison to the other developed cities. So builders like us utilize the best of this opportunity to bring a wide range of affordable apartments.
Price : Fortunately, the prices of the real estate properties have not reached the sky in Mangalore. Even those who belong to the group of medium income, still can buy their dream home.
Location : Location of the apartment is definitely a top criteria. You have to consider whether the property is close to your work, school or medical facilities etc.
Transportation : Mangalore does not lack in transportation. Our projects are strategically located so that the buyers can access the transport facilities easily.
Carpet Area : The term Carpet Area’ refers to the total usable area within the four walls of an apartment or a commercial space, as the case may be. It is the actual usable area which the user gets to use. Built up Area : Over and above the carpet area and include the space covered by the thickness of the inner and outer walls of the flat. Super Built up Area : This includes the built up area along with the area under common spaces such as the lobby, lifts, stairs, etc. This term is therefore only applicable in the case of multi-dwelling units.
This is first and important thing you need to consider for buying a property. Requirement of property buyers differs from one buyer to another depending on their lifestyle, family size, preference, usage etc.
Figure out how much you can afford. What you can afford depends on your income and other expenses.
The liability of paying stamp duty is buyer.
You can apply for a Housing Loan, once you have selected your property. A loan amount would be sanctioned to you - based on your repayment capacity, which will help you decide your budget and plan the buying of your house. Check carefully all the available options before choosing your bank or money ender.
Your loan will be disbursed, once you have identified and selected a property and have submitted all the legal documents as required by the Bankers. Once your property is legally and technically cleared by the Bank.
On satisfactory completion of the above and on your investment of your own contribution, the loan amount will be disbursed by the Bank. The disbursement will be favor of the Builder or Seller as the case may be.

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Falnir Terraces

Falnir, Mangalore

Placed in 1.25 acres of land, Falnir Terraces towers from ground, to 18 floors, with 2 basement car parks. Starting with a the double height, spacious and well appointed lobby to welcome you, the ground floor houses the common facilities such as an air conditioned gym, board room and a multipurpose hall which opens out to the swimming pool deck.

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