Karnataka
Balmatta, Mangalore — Locality Overview
Balmatta is a residential corridor in Mangalore, Karnataka. This overview covers indicative pricing, rental yields and the projects currently marketed in and around the locality.
Indicative asking rates around Balmatta, Mangalore are in the range of ₹5,900/sqft, with typical 2 BHK options near ₹41 L — treat these as directional estimates and verify current quotes with developers before shortlisting.
Gross rental yields around Balmatta indicatively run near 2.8%, with 2 BHK rents in the region of ₹13,000/month. Yields compress in premium pockets and widen in emerging stretches.
Localities in Mangalore
| Locality | Indicative rate (₹/sqft) | |
|---|---|---|
| Amtady | 3,900 | View |
| Ashok Nagar | 5,200 | View |
| Baikampady Industrial Area | 5,300 | View |
| Bajal | 4,600 | View |
| Bajpe | 4,300 | View |
| Balmatta | 5,800 | View |
| Bantwal | 5,900 | View |
| Bejai | 6,200 | View |
| Bejai Kapikad Road | 4,600 | View |
| Bendoor | 6,100 | View |
| Bikarnakatte Kaikamba | 3,800 | View |
| Bolar | 4,900 | View |
| Bondel | 4,200 | View |
| Bunder | 6,300 | View |
| Chennaithodi | 5,100 | View |
| Citi Center | 6,800 | View |
| Derebail | 4,700 | View |
| Derlakatte | 5,400 | View |
| Hampankatta | 4,400 | View |
| Jeppinamogaru | 4,600 | View |
| Jeppinamogru Village | 4,000 | View |
| Kadri | 5,300 | View |
| Kalavar | 5,600 | View |
| Kankanady | 4,700 | View |
| Katipalla | 6,500 | View |
| Kavoor | 4,400 | View |
| Kinnigoli | 5,300 | View |
| Kodiabail | 4,700 | View |
| Kotekar | 4,900 | View |
| Kottara Chowk | 5,500 | View |
Rates are indicative estimates for orientation only — verify current quotes with developers and recent transactions.
Frequently asked questions
What is the average property rate in Balmatta?
Indicatively around ₹5,900/sqft; premium towers and newer stock quote above the corridor average.
What does a 2 BHK rent for in Balmatta?
Indicatively near ₹13,000/month depending on furnishing, age and society amenities.
Is Balmatta good for investment?
Indicative gross yields near 2.8% with appreciation tied to corridor infrastructure. Diligence upcoming supply before committing.
Explore more in Mangalore
Market figures on this page (about ₹5,900/sqft locally) are indicative estimates, not quotes.