Land Trades Set to Wow Mangalore with Maurishka Palace

Daijiworld Media Network - Business Desk

Mangalore, Jan 14: Land Trades, the leading builders and developers of the city, are all slated to impress Mangalore with one of the grandest residential apartment projects to come up in the region. ‘Maurishka Palace’, which is positioned as the firm’s magnum opus offering will be launched amid much fanfare on Sunday, 15th January, 2012 by Yenepoya Abdullah Kunhi, Chancellor of Yenepoya University and Ramesh Kumar, Managing Director of Janatha Constructions.

Situated on 2.77 acres of prime land in the very heart of the Mangalore city, adjacent to C.V. Nayak Hall in Kadri, ‘Maurishka Palace’ will feature 337 luxury apartments spread over two independent hi-rise blocks. The two- and three-bedroom apartments will be available in a wide choice of sizes ranging from 1240 SFt to 2125 SFT at various levels of the 22-stroey structure. Residents will get to enjoy facilities like swimming pool, fitness centre with well equipped gymnasium, ample parking space, jogging track, children’s play area, reticulated gas connection, automatic lift facility and continuous water and power supply.

The launch of this super luxury apartment complex coincides with the firm’s successful completion of 20 years in the field of real estate. Land Trades was founded by Shrinath Hebbar, a young entrepreneur in the year 1992 and within a short span of two decades it has established itself as one of the fastest selling real estate promoters in the city with most of its projects get sold out in record time.

The firm began as a promoter of housing layouts before graduating to commercial and residential projects. Its other projects in progress in the city include ‘Sai Grandeur’, comprising 120 apartments opposite Capuchin Friary, Jail Road; ‘Danube’ with 45 apartments at Don Bosco Hall Cross Road; ‘Minerva’ with 30 apartments near Baliga Stores, Bejai; ‘Ourania’ with 16 apartments at Kadri Toll Gate, Mangalore and ‘Hill Side Ferns’ with 25 flats near ESI Hospital, Kadri Shivbagh.

On the eve of the launch of ‘Maurishka Palace’, the firm’s founder and managing director Shrinath Hebbar spoke to Daijiworld in an exclusive interview:

• Congratulations on the completion of 20 years by your firm Land Trades. How do you reflect on your achievement of being in this industry for two decades?

Thank you. Completing 20 years is an important milestone for any business organization as this long period proves that the firm’s foundations are strong and it has been able to survive in a competitive environment. Our firm opened its doors on October 28th, 1992 and started out in a small way as a real estate brokerage. During the subsequent 20 years, the real estate sector has seen many ups and downs, which gave us the valuable life experience required to temper our gradual maturity as a full fledged real estate firm offering comprehensive solutions to the customers.

• Your latest project ‘Maurishka Palace’ is one of the largest projects being offered in the city. Can you tell us something about it?

With ‘Maurishka Palace’, our firm has reached an altogether new level as a promoter of residential projects. With this project, we wanted to break the myth that you need to go away from the city to enjoy a good lifestyle, as this project, despite the magnitude of its size, is situated right in the heart of the city. Though it is situated in the quiet neighbourhood of C.V. Nayak Hall in Kadri, the residents can enjoy access to any important destination in the city within a matter of 10-15 minutes.

• What is unique about ‘Maurishka Palace’?

Apart from the dream location, we have also incorporated the 30:70 principle in planning ‘Maurishka Palace’. This means that of the 2.77 acre property, only 30% land is being used for built-up area and the balance 70% land is left free for landscaping and beautification and for developing common facilities like jogging track and relaxation zones. Due to these two factors, we have positioned ‘Maurishka Palace’ as a project offering ‘Place & Space’, which is what every happy home should ideally have.

• How has the market response been for ‘Maurishka Palace’?

Once we announced the project few months back, we have received very good enquiries and we have given provisional bookings for one third number of apartments in the project even before the formal launch itself. We are fortunate that we have received such good response from the people and we are grateful to our customers for their faith.

• Today Land Trades is known as one of the fastest selling property developer in Mangalore. How do you explain this phenomenal success?

Thank you for the very generous compliment, but I do not really know whether it is truly deserved as there is no industry wide barometer for us to judge who is ahead of whom. However I do concede that we have been able to attract very good market response for all our projects and most of them have sold out faster than we ourselves would have expected. We would like to believe that this surge of overwhelming customer confidence is a result of our hard work, dedication to quality and customer satisfaction, not to mention speed of construction and timely delivery. All this only increases our responsibility to maintain the confidence reposed by our customers by living up to their expectations in every way possible.

• Who are your main customers? What is your customer profile like?

We build homes for everyone, hence there is no particular segment to highlight. Our customers range from salaried person to businessmen and professionals along with a generous complement of NRI population who wish to invest in a home in their motherland.

• How did you build a customer base among the NRI population?

As we started out as a brokerage firm, we have enjoyed very good exposure with NRI community through buying and selling activities in our initial years and this relationship has continued over the years. Due to this reason we understand the NRI mindset very well, their special requirements and concerns, which enables us to give them hassle free service which they appreciate very much.

This apart, we also advertise in the media favoured by NRIs and participate in exhibitions and expos abroad. In the last few months we had put up stalls in exhibitions in Dubai, Doha, Bahrain and Muscat and on January 2oth & 21st we shall be in Kuwait to participate in the Times Realty Expo at Ramada Kuwait Hotel, where we hope to engage in fruitful interaction with the NRI community.

Also see:

Contact - Land Trades :

1st Floor, New Milagres Mansion,
Falnir Road, Mangalore - 575001.

 Phone : +91 824 2425424 / 2423866.
Mobile :+91 9880742159 / 7829904069 / 7829913069
Email :

Web Site:

Comment on this article

  • Prithviraj, Highland,Mangalore.

    Tue, Apr 23 2013

    Dear Mr.Hebbar,
    Congrats.You have done a great job,keep it up & all the best in your future projects.

    DisAgree Agree [1] Reply Report Abuse

  • Land Trades, Mangalore

    Sat, Feb 4 2012

    Thank you all Daijiworld readers for your kind comments and best wishes. We are grateful to you for your support and reaffirm our commitment to deliver excellence in the field real estate always. Land Trades....

    DisAgree [1] Agree [3] Reply Report Abuse

  • Land Trades, Mangalore

    Sat, Feb 4 2012

    Thank you all Daijiworld readers for your kind comments and best wishes. We are grateful to you for your support and reaffirm our commitment to deliver excellence in the field real estate always. Land Trades....

    DisAgree Agree [3] Reply Report Abuse

  • Dr B Rajeeth Shetty, mangaluru/Al Dawah

    Sun, Jan 22 2012

    I agree with Ravi Kumar and i am sure that it will be a win win situation for all.
    May god bless the entire Team of landtrades. I had a wonderful interaction for almost a week and gained a lot,despite mine being a short visit to mangalore.

    DisAgree Agree [3] Reply Report Abuse

  • Verna Fernandes, Kuwait

    Mon, Jan 16 2012

    Congratulations to Mr. Hebbar and team. We wish you all the very best. Cheers and good luck!

    DisAgree [1] Agree [2] Reply Report Abuse

  • Robert & Muriel D'Souza, Bangalore/Singapore

    Mon, Jan 16 2012

    Heartiest congratulations on the launching of this most prestigious project. We consider ourselves very fortunate to have had the pleasure & privilege of dealing with Mr. Shrinath Hebbar for the past two years. He is extremely professional, self committed, very honest and a thorough gentleman in every sense of the word. His high business standards coupled with absolute integrity and commitment makes all of his business dealings run effectively and with a great deal of success. He is a man of his word & a great human being! We wish Mr. Shrinath Hebbar grand success in this project and very good luck in all his future endeavors.

    DisAgree [2] Agree [4] Reply Report Abuse

  • Sequeira Roshan, Managalore -Auh

    Mon, Jan 16 2012

    Dear Shrinath, the comments in this column speak about your dedication to serve your clients. Congratualtion on the new venture and keep up the good work

    DisAgree [1] Agree [4] Reply Report Abuse

  • namratha s , mangalore

    Sun, Jan 15 2012

    hi, congratulation to Mr Hebbar
    wishing all the best to your new dream project good luck and all the best

    DisAgree [2] Agree [4] Reply Report Abuse

  • Kevin Dsa, Nanthoor,Dubai

    Sun, Jan 15 2012

    Congratulations to Land Trades.
    Wishing all the best to the new Project.Shrinath Hebbar has done a great job with hardwork and dedication.Good Luck.

    DisAgree [2] Agree [5] Reply Report Abuse

  • Wilson Saldanha, Shirthady/Kuwait

    Sat, Jan 14 2012

    Congratulations Mr. Hebbar and team for your achievements and we wish you all the best for the launching ceremony of your dream project Mourishka Palace. You have thousands of satishfied customers due to your honest dealing and regular services. Hope you will maintain the same reputation in future too. We would be happy to see you in Kuwait on 20th January at 'Realty India 2012' Expo in Ramada Hotel.

    DisAgree [1] Agree [3] Reply Report Abuse

  • Anand,Mangalore, Mangalore/Dubai

    Sat, Jan 14 2012

    Congratulations to the Land Trades team & Mr.Hebbar in particular. I was bowled over by this man's humble & gentle nature in the very first meeting with him. His past & present projects speak volumes of his firm's superb qualities & I believe this one won't be any different.

    Good luck to the Land trades team !

    DisAgree [1] Agree [5] Reply Report Abuse

  • Ravi Kumar, Mercara Heights 202 Mangalore

    Sat, Jan 14 2012

    Again Many Congratulations, on your another new upcoming project (Mauriskha Palace)As always i am confident, that this project will stand as a top Quality Milestone, for the developement of Mangalore Globally,Please accept me and my Familys best wishes, to the entire Land Trades team headed by Mr,Srinath Hebbar Good Luck.

    DisAgree [2] Agree [8] Reply Report Abuse

  • Alexander P Menezes, Karkala/Dubai

    Sat, Jan 14 2012

    Srinath Hebbar is one of the finest and humblest human being that I have ever come across in my life. His works speaks for himself and his creations in the form of Apartments speaks of the quality that he produces and the satisfaction he draws from his customers are just awesome. I happned to visit couple of his finished projects in Mangalore and I am spell bound on his finished products and his ontime delivery commitments. Good luck Mr. Hebbar and you have full support of mine for all your future projects.

    Kind Regards
    Alexander P Menezes

    DisAgree [1] Agree [11] Reply Report Abuse

  • Jayaram Kodialbail, Kodialbail/Sharjah UAE

    Sat, Jan 14 2012

    Hebbarre,Many congratulations on your yet another great achievement. 20 years of success is not a small laurel and it is the success of your hard work and dedication.
    I am blessed to associate with you through "Sai Grandeur" the project which is coming up in the very place where I saw my child hood days.
    Again, the place where Maurishka will stand tall, is the place where I used to play cricket with my childhood friends, which till date I remember. If God wishes, I will again associate with you in this project. Wish you good luck always.

    DisAgree [1] Agree [15] Reply Report Abuse

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