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Mangaluru: Foundation laid for Nirmaan Homes' 'Mathura' luxury apartments at Derebail

Pics: Abhijith N Kolpe
Daijiworld Media Network - Mangaluru (AP)

Mangaluru, Feb 7: The foundation stone laying ceremony of 'Mathura', a luxury apartment project of Nirmaan Homes, was inaugurated by former minister Krishna J Palemar at Derebail here on Wednesday February 7.

Addressing the gathering, Palemar said, "Any project should be started with self-confidence and belief along with the blessings of God. The market has been dull in recent times, but Krishnaraj Salian of Nirmaan Homes is a very alert man and will handle the pressure well.

"Nearly 82 families will reside in this new apartment. Builders who are concerned about their customers can survive in this industry. They have to deal carefully with customers so that they would be satisfied and trust the builders. 'Mathura' will provide luxurious apartments at affordable prices which is great news. Builders should make sure that customers' demands are fulfilled," he said.

Chartered accountant Keshav Ballakuraya said, "I congratulate the promoters for making 'Mathura', an infrastructure project. Residential units with a carpet area of less than 60 sq mtr are considered as infrastructure projects. Through this, we will have income tax benefit, interest subsidy scheme benefit, and GST benefits. The project should be completed within five years and should not be prolonged due to disputes. Derebail is inching towards becoming the heart of Mangaluru in terms of infrastructural development. I wish all the success to the promoters of this project and their future endeavors."

Vice-president ACCE (I) south Vijaya Vishnu Mayya said, "We should not be wary of losses but of success as we have to take success forward and sustain it. People's expectations keep growing and we should live up to those expectations. Making money in business is common. Running a business for only making money is wrong. If we work hard, success will automatically follow us. Krishna J is known for providing houses at affordable prices and we all should thank him for starting the trend. RERA is wonderful policy and if we get along with it, everything becomes easy for us. I wish all the success for this project and let Nirmaan Homes become a trendsetter."

Krishna J Palemar released the brochure of 'Mathura' on the occasion.

Corporator Rajesh Konchady was also present.

Land owner Sooraj Kotian welcomed the gathering. Sudeep Shetty invoked God's blessing and partner Krishnaraj Salian rendered the vote of thanks.

About 'Mathura'

'Mathura', is strategically located at Derebail about 100 meters from Airport Road, while the main city is just a kilometer away. The interlinking of prominent places like AJ Hospital, Derebail Church, KSRTC Bus Stand, KMC Medical College, Bharath Mall, Infosys, schools, bus stops, temple, NH 66 and other locations lie within a proximity of 1-2 km.

'Mathura' will have all modern amenities such as children play area, air conditioned gymnasium, fire fighting system, reticulated gas connection, indoor games, multipurpose party hall, solar water heater, CCTV camera, Wi-Fi connectivity, bore well/well water, generator back up, three fully automatic lifts, municipal water connection, spacious visitors lounge and others.

The high rising structure will have wide range of luxurious apartments in sizes ranging from 635, 685 and 715 sq ft (1 BHK) and 905 and 1015 sq ft (2 BHK).


Pre-launch offer

1 BHK @ Rs 20.99 lac onwards (inclusive of all taxes)

2 BHK @ Rs 29.99 lac onwards (inclusive of all taxes)


Other benefits

Avail up to 6.5% interest subsidy under Pradhan Mantri Awas Yojana (Upto Rs 2,67,280)

Income tax exemption on principal up to Rs 1.5 lac under 80C

Tax benefit on Interest repayment up to Rs 2 lac per year

Ideal location

Nirmaan Homes has been bringing some of the finest structures for the people of Mangaluru. With every project, from Madhuban to Gokul Residency; from Bhargavi Gloria Residency to Yamuna Paradise, their belief has been in giving the best location for families to reside in. All apartments from Nirmaan Homes are strategically located and are easily accessible. There is beautiful atmosphere all around the apartments for the peaceful living lifestyle in and around the apartments. Life in Nirmaan Homes will be beautiful for families in the needs of the family such as offices, schools, bus stops, railway stations, hospitals, shopping centres and entertainment purpose.


Nirmaan's promise – completion on time

While many of the builders in the city do not adhere to the said completion time on apartment agreement, Nirmaan Homes deliver their apartments as promised. Apartments with said amenities will be delivered on the aforementioned completion date, and sometimes, much before it.

Nirmaan Homes' Madhuban was delivered to its residents in 18 months, while it was mentioned as 24 months in the agreement. Similarly, Nanda Gokul which has a completion date of October 2018 is being constructed at a rapid speed and will probably witness completion by August 2018. Nirmaan Homes' are the only builders in Mangaluru whose apartments are completely sold out. Most of its flats are sold on its launch day itself. Customers happily prefer them as they get their abodes much before time.

Hassle-free documentation and loans

Nirmaan Homes is the only construction company in Mangaluru which takes care of the documentation process from the date of sale. It handles all documents from khata and door number to Mescom transfer and title deeds and others. The projects of Nirmaan Homes are approved by all nationalized banks and private banks. They also have an excellent interior designing team which will design homes as per customer requirements.

In addition, Nirmaan Homes also provides outstanding after-sales service which includes a 12-month defect liability period warranty. Any defects in the building will be taken care of free of cost for 12 months from the date of handing over the apartment to the customer.


Nirmaan Homes
Suprabhath Building,
No 211 - 212, 2nd Floor,
Bejai Kapikad Road,
Mangaluru - 575 004,

Mobile: +91 98453 53242 - Krishna Raj Salian
Mobile: +91 99450 12913 - Subhash Nayak
Phone: +91 824 6066606



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Comment on this article

  • Max and Jessie Rasquinha, Mangalore, Houston/Dallas, texas

    Thu, Feb 8 2018

    More "Bhoomy Poojahs" are a positive indication of a stable economy that the Builders as well as the Developers are convinced that more housing opportunities will enable more customers to utilize the opportunity of availing better and modern housing conditions for better living.

    Fortunately, the Building Contractors convinced that the growing affluence will enable more and more customers to move into the new Building complexes and enjoy a better standard of life.

    The local Banking and the Financing systems must have also done good home work in becoming actively involved in all these ever growing building complexes. All of the above are encouraging news for Mangalore. Although these new high rise buildings need good Management team and also good and reliable crew for smooth and continuous maintenance and repair facilities with all the safety and security requirements.

    We wish best of success to the Nirmaan Homes.

    Reply Report Abuse Agree [4]

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