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Balmatta, one of Mangaluru’s busiest and most prominent commercial districts. Balmatta forms part of the Central Business District in Mangaluru, Karnataka. It sits at the heart of the city, bordered by key neighbourhoods like Hampankatta, Kankanady, and Kadri. Balmatta is managed under the Mangalore City Corporation and serves as a major urban hub. The locality is home to the historic Balmatta Pre-University College, established in 1912, reflecting its long-standing educational significance. Notably, the Basel Mission Press, set up in 1841 in Balmatta, went on to publish the first Kannada newspaper 'Mangalur Samachara', marking a key chapter in regional print history.
| Property Type | Average Price |
|---|---|
| Independent House : | ₹19,769 Sqft |
| Villa : | ₹20,729 Sqft |
| Plots/Land : | ₹23,250 Sqft |
29% properties for Sale in Balmatta lie in range of ₹50 Lac – ₹2+ Cr.
9.15%-13.5% Interest Rate
8.6%-12.0% Interest Rate
8.5%-9.0% Interest Rate
9.5%-10.15% Interest Rate