Paduvan Project
For Sale or Joint Development
Commercial Development Site in Bondel, Mangalore (aka., Mangaluru), Karnataka, India
For Sale or Joint Development
Commercial Development Site in Bondel, Mangalore (aka., Mangaluru), Karnataka, India
Mangalore, a thriving city in Karnataka, India, presents an exciting opportunity for developers and investors looking to make their mark in the real estate sector. Paduan Project, a mid-size commercial development site located in Bondel, offers a strategically positioned property ready to be transformed into a bustling hub of commercial and residential activity.
We invite prospective co-developers or investors to join forces and unlock the site’s immense potential. Let’s explore the details of this unique property and the possibilities it holds.
Overview:
The Paduan Project encompasses a rare size 24.25 cents (10,563 square feet) of commercial-zoned land, ideally situated at the northwest corner of Padushedde Road / Pilikula Golf Course Road and the approach road to Women’s Polytechnic College. Its prominent location, merely 500 feet away from Bondel Junction, ensures high visibility and easy accessibility. Notably, the site enjoys proximity to esteemed establishments such as the MSNM Besant Institute of PG Management Studies, diagonally opposite the site and the Government Healthcare Center, right across the site on Padushedde Road.
Approvals and Zoning:
Strategically positioned for commercial development, the site holds the coveted Single-layout approval from the Mangalore Urban Development Authority (MUDA). Additionally, it possesses an agriculture-to-commercial conversion permit from the Mudushedde Panchayat. Local well-established architects have determined that the zoning regulations allow for a substantial gross building area (GBA) of up to 23,000 square feet with basement parking, ensuring ample space for diverse business ventures.
Outright Sale Considerations:
The outright sale of Paduan Project is the preferred approach, particularly for owner-users such as IT satellite offices, co-working space operators, e-commerce / distribution companies, student housing and medium-size hotel operators. Interested parties seeking an exclusive property to shape according to their unique requirements are encouraged to explore these options.
Joint Mixed-Use Development:
While the Paduan Project is primarily seeking outright sale of the site, the owner is open to proposals from collaborative partners interested in realizing a joint mixed-use development. This vision encompasses both commercial and residential components, catering to the evolving needs of Mangalore’s vibrant community. The site’s strategic location and approved layout make it an ideal canvas for creating a dynamic, multipurpose space that complements the surrounding area.
Get in Touch:
To express interest, seek further details, or arrange a site visit, prospective co-developers and potential buyers are invited to contact:
Tony D. Kamath
+1 917 558 1945 – Phone, iMessage/FaceTime, WhatsApp
+91 776 044 6354 – Phone (local, India)
paduvan.project@gmail.com
The Paduan Project offers a rare chance to be part of Mangalore’s evolving landscape, contributing to its economic growth and architectural distinction. With its strategic location, necessary approvals, and development potential, this exceptional commercial development site presents an opportunity that should not be overlooked. Join forces with Paduan Project today, and together, let’s transform this corner of Bondel into a vibrant and thriving destination for both residents and businesses alike.