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Mangaluru: Land Trades 'Sai Prem' inaugurated at Mannagudda


Pics: Spoorthi Ullal
Daijiworld Media Network - Mangaluru (JS)

Mangaluru, Apr 10: 'Sai Prem', a luxury apartment-cum-commercial complex by city-based Land Trades Builders and Developers was inaugurated at Mannagudda here on Friday, April 10.

Srinath Hebbar, MD of Land Trades welcomed the gathering and extended a floral welcome to the guests.

P Jayarama Bhat, managing director and CEO, of Karnataka Bank inaugurated the complex and said, "We all have seen Srinath Hebbar's achievements in Mangaluru. He has been giving good apartments to the people. He has built a very good apartment with all the amenities in this ideal location. His Mourishka Palace which is under construction is coming up very beautifully. He has been giving good projects without compromising on quality. We are happy to have customers like him associated with our Bank. He is doing this business not with profit motive but to as a service to society."

MLA J R Lobo in his presidential speech said, "I congratulate Srinath Hebbar on completing his projects on time, which is a major concern today. I congratulate Karnataka Bank as it is opening a new branch in this building. We have to support a businessman when he newly enters into business. We should appreciate him and not pull him down. Only then will there be good people in any industry. When we pull down a businessman, he goes out of business and wrong people might enter into that industry which will create various problems.

"I also want to use this platform to give a call to people to cooperate when there is any road extension work. I congratulate Land Trades and wish all success in their future endeavours," he added.

Shashidar Hegde, Prakash Salian, Naveen D'Souza, Jayanthi, corporators Sadananda Shetty, chairman of Sri Devi Institute and opposition leader of MCC Sudhir Shetty were present.


About 'Sai Prem'

Situated on Mannagudda main road (Kamath Medicals old building), 'Sai Prem' comprises 16 luxury flats. The ground and four-storey structure houses four spacious 3-bedroom apartments per floor in a choice of 2,010 sq ft and 2,215 sq ft floor areas. The ground floor comprises prime commercial space.

Residents of 'Sai Prem' will enjoy all modern amenities like reticulated gas connection, 24-hour power and water supply, automatic lifts, visitors lounge, solar water heating, ample car park and much more.

Mannagudda - Gandhinagar is one of the most peaceful and secure residential localities of Manggaluru. Being situated at a vantage point, 'Sai Prem' will place the residents within 15-minutes drive from any corner of the city. They will also enjoy close proximity to important places like Canara School Urwa, Sanghaniketan, Urwa Market, Mangala Stadium and MCC swimming pool.

'Sai Prem' is a unique project of Land Trades featuring imaginative and distinctive design which is inspired by colonial architecture. The design allows for free flow of natural light and ventilation. The project has been designed by architect Peter Mascarenhas of Archi Technics.

The construction work has been completed in record time and as per promised delivery deadline.The project has been an instant success. Both the premium apartments as well as the commercial spaces have been booked by prestigious customers.

"Completion of 'Sai Prem' is a milestone for Land Trades. This is our first project in this part of the city and is a step forward in our goal to establish a notable presence in every locality. I am grateful to our customers, business associates and people of the city for helping us to register continuous growth," said Shrinath Hebbar, the proprietor of the firm.

Land Trades is an ISO 9001:2008 firm enjoying ‘DA3 ’ real estate developer rating from CRISIL, the international ratings organization. Two of our completed projects – ‘Sai Grandeur’ and ‘Ourania’ have been awarded the highest rating of ‘7 Stars’ by CRISIL, while two projects in progress, ‘Maurishka Palace’ and ‘Atlantis’ have been awarded ‘5 Stars’ at the construction stage.

Comment on this article

  • shubha, kudla

    Sat, Apr 11 2015

    These apartments cater to only the richie rich of Mangalore. No builder caters to the needs of ordinary individuals with budgetary restraints. Nowadays affording either a decent flat or a small independant house in Mangalore is impossible for a common man. The flats are lying vacant and unsold still when we enquire about the availability to purchase, it appears like a mission impossible.

    Reply Report Abuse Agree [7]

  • Prem , Mangalore

    Sun, Apr 12 2015

    T3 Suryakanthi.....starts from 15 laks. Good for common man.

    There are couple of apartments from Red rock builders starts from 15 lakhs.

    Land links also good option....for common man.


    If you want better option....u have to pay more.

    Reply Report Abuse Agree [3]

  • Anand, Mangalore

    Thu, Apr 16 2015

    Not only that. even these rich builders usually are very bad pay masters!

    Reply Report Abuse Agree [1]

  • Wilson Saldanha, Shirthady/ Kuwait

    Sat, Apr 11 2015

    Congratulations and keep up good construction for better Mangalore.

    Reply Report Abuse Agree [1]

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