Mangaluru: Land Trades Nakshatra - New star twinkles in Gandhinagar, inauguration on Jun 8

Media Release

Mangaluru, Jun 7: A spectacular new architectural landmark is looming on the horizon at Gandhinagar– Land Trades Nakshatra. A unique 15-story residential development, it features 52 two-, three-, and four-bedroom apartments that are designed for a life of ease and comfort, reflecting a new way of living in Mangaluru. The project was launched with the Bhoomi Pooja, which took place on August 26, 2020, and the construction work has been completed within a record period of 30 months, despite the hardships posed by the COVID pandemic. Now the project is all set for its formal inauguration on Thursday, June 8.

Nakshatra will be inaugurated by U T Khader, the newly elected speaker of the Karnataka Legislative Assembly. D Vedavyas Kamath, the MLA of Mangaluru South constituency, will be the chief guest. K Harish Kumar, MLC, P S Prakash, editor & CEO of Hosa Diganta Kannada Daily, Sandhya Mohan Acharya, corporator of Mannagudda ward (No. 28) and Ravichandran S, general manager, Karnataka Bank Ltd, will be the guests of honour. The city mayor, Jayanand Anchan, will preside over the inauguration function.

"I am delighted to say that Nakshatra has been completed on time, despite the extreme challenges that we faced due to the COVID pandemic. We have met all the quality parameters and look forward to handing over the apartments to our customers," said K Shrinath Hebbar, the proprietor of Land Trades.

Situated in Gandhinagar, 8th Cross Road, Mangaluru, Nakshatra is the 40th project of Land Trades. The flats are available in different variants, with floor areas ranging from 1292 sq ft to 2526 sq ft. Nakshatra seamlessly blends style with substance, and makes living a pleasure for its discerning residents. The project was an instant success, with most of the apartments being sold immediately after its launch. Only a few flats are presently available, and the firm is arranging exclusive preview visits for interested customers.

The project is beautifully designed by architect Peter Mascarenhas of Archi-Technics, who has also designed many other acclaimed Land Trades’ mega projects like Solitaire, Atlantis and Maurishka Palace. The construction work has been flawlessly executed by MFAR Constructions, a reputed company of international stature. The building is designed for 100% Vastu compliance and is approved by the Real Estate Regulatory Authority (RERA).

Nakshatra greets visitors with beautifully landscaped open areas. It includes premium features like a visitors' lobby, Mitsubishi high-speed lifts, and a covered rooftop terrace which also serves as a community space, where the residents can host functions and celebrate special occasions. Basement car parking is provided on four levels of the building. A heavy-duty backup power generator, CCTV, access control system, surveillance, a firefighting system, and video door phone facilities are provided.

Nakshatra is designed to be an eco-friendly building with green features like rainwater harvesting for water conservation and abundant water supply, solar-powered hot water supply, on-site waste segregation, and an in-house sewage treatment plant as well as a state-of-the-art fully electric organic waste converter.

The spacious interiors of the project are designed for maximum comfort with optimum use of space, natural ventilation and flow of sunlight. The best materials have been used for surface finishing, flooring, woodwork, plumbing, electrical and bathrooms. The hardwood main entrance doors are well secured with premium door locks. A centralised reticulated gas connection is yet another feature of the project.

Nakshatra joins the ranks of Land Trades’ other premium projects like Solitaire (Hat Hill), Emerald Bay (Beach Property at Surathkal), Maurishka Palace (Kadri Kambla), Sai Grandeur (Jail Road), Roopali and Atlantis (Bendorewell), Insignia (Valencia), and Sai Prem (Mannagudda). Land Trades is currently also promoting ultra-luxury high-rise projects like Altura at Bendorewell and Shivabagh at Kadri Shivabagh, as well as Adira, a premium apartment project at Urwa Marigudi Temple Road and Kamath Gardens, a residential layout at Ullal.

Land Trades is a leading real estate and property developer of Mangaluru founded by K Shrinath Hebbar, a first-generation entrepreneur, in the year 1992. It is an ISO 9000:2015 firm enjoying ‘DA2’ Real Estate Developer Rating from CRISIL. Many of its completed projects also enjoy the highest individual project rankings from CRISIL.

Responding to the emerging demand for luxury homes, the firm is also all set to launch three new luxury residential projects soon at prime locations of Chilimbi, Vas Lane and Alake and commercial projects on PVS Road and at Yeyyadi.


‘Milestone25’, 5th Floor
Collectors Gate Junction, Balmatta
Mangaluru – 575001
Landline: +91 0824 2425424, 2423866
Enquiries: 8882777444, 9845084866




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Comment on this article

  • Lesly Saldanha, Shirva/Dubai

    Thu, Jun 08 2023

    Day by Day, Year by Year, Mr. Srinath & His Team Made Land Trades as First Choice to buy property & Become a Trusted Brand Name. I and Our Family members invested in his development from 2006 to 2021. All Project quality is as per standards no compromise and improved by the project by project with the latest features. As mentioned all Developers struggled to meet the deadline of handover the project due to the Covid situation but Land Trades delivered the Nakshatra project on time which Shows the commitment towards the customer. All the Very Best Next Two Mangalore Prestigious Project Altura at Bendorewell and Shivabagh at Kadri Shivabagh.

    Reply Report Abuse Agree [2]

  • Wilson Saldanha, Shirthady/Kuwait

    Thu, Jun 08 2023

    It really looks like a 'Nakshatra' with its design and size. Congratulations Mr. Hebbar & team and all the best for your future projects. You changed the trend of construction in Mangalore with unique designs, record heights, attractive facilities, above all good quality and excellent after sales service. Keep it up and God bless you. Looking forward for beautification of Mangalore city with your trend setting projects.

    Reply Report Abuse Agree [2]

  • Umesh poojary, Kudla ,jeppu ,

    Wed, Jun 07 2023

    Gd luck Mr. Hebbar. Congratulations.

    Reply Report Abuse Agree [1]

  • CA Ranganatha Krishna Achar, Udupi / Ambalapady / Bengaluru

    Wed, Jun 07 2023

    From 1978 to 1983 we were in Gandhinagar Area because my father was working in Syndicate Bank and the Banks quarters were located in 3rd Cross, it was a pleasure to move around that area with close friends and it was a really clean and calm area. Congratulations.

    Reply Report Abuse Agree [1]

  • Deepak S P, Mangalore/Dubai

    Wed, Jun 07 2023

    Congratulation's ..

    Reply Report Abuse Agree

  • Jossey Saldanha, Raheja Waterfront

    Wed, Jun 07 2023

    Another Feather from Land Trades ...

    Reply Report Abuse Agree [2]

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Title: Mangaluru: Land Trades Nakshatra - New star twinkles in Gandhinagar, inauguration on Jun 8

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