Buying a home is one of the biggest financial commitments most families make, and having clear information about pricing, payment plans, and financing options is key for making informed decisions.
Udbhav Chinmaya, a high-end, low-density residential project in Kadri, Mangaluru, is designed to offer clear and flexible options, making premium living accessible without any hidden costs or financial stress.
The project features exclusive 3 and 4 BHK apartments that are in line with Vaastu principles, all within a gated community with only 40 units. The starting price is 1.48 Crore, which includes the base cost of the apartment. The final price may vary depending on the carpet area, floor level, direction the unit faces, and the specific layout chosen. This starting point positions Udbhav Chinmaya competitively in Kadri, one of Mangaluru’s most desirable neighborhoods, where similar premium 3 and 4 BHK apartments typically range from 1.4 Cr to 2.2 Cr, depending on location and the builder’s reputation.
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Transparent Pricing Structure
Udbhav Chinmaya uses a clear and all-inclusive pricing model.
The base price covers the main cost of the apartment, and any extra charges are minimal and disclosed upfront. Buyers receive a detailed cost breakdown that includes:
– Base sale price
– GST (if applicable)
– Stamp duty and registration fees (approximately 5–6% of the agreement value in Karnataka)
– One-time fund for the society and a maintenance deposit
– Parking allotment (covered or open, depending on choice)
– Clubhouse membership fee (one-time)
There are no unexpected increases in costs, arbitrary maintenance fees, or hidden charges for amenities.
The pricing reflects high-quality specifications such as branded CP fittings (equivalent to Kohler or Jaguar), automatic elevators, 100% power backup, advanced security systems, EV charging stations, rainwater harvesting, and solar-powered common lighting. This transparency helps buyers plan their budgets from the start.
Flexible, Construction-Linked Payment Plan
Udbhav Chinmaya offers a buyer-friendly payment plan that aligns payments with the visible progress of the project, helping to reduce financial pressure during construction (possession expected in 2027).
Key payment milestones include:
– Booking amount: Just 1 Lakh—this secures your preferred unit and locks in the current pre-launch price.
– Agreement amount: 20% of the total agreement value (including the booking amount)—this is paid at the time of signing the registered sale agreement.
– Remaining balance: Spread over different construction stages, such as foundation, plinth, slab levels, brickwork, plastering, flooring, and final possession, so you pay only when tangible progress is made.
This structure allows buyers to manage their finances more easily, giving them time to arrange for funding or home loan disbursement.
Pre-launch buyers benefit from early pricing and unit selection—advantages that are no longer available once the project moves to regular launch rates.
Home Loan Options Made Simple
Udbhav Chinmaya is recognized by all major nationalized and private banks, including SBI, Canara Bank, Karnataka Bank, HDFC Bank, ICICI Bank, Axis Bank, and leading housing finance companies.
The project’s pre-approved status with banks makes the loan process smoother—leading to faster approvals, less paperwork, and often better interest rates.
Typical loan terms in 2026 for salaried buyers:
– Loan-to-value (LTV): Up to 80–90% of the agreement value
– Interest rates: Floating rates starting around 8.40%–9.00% per annum (linked to the repo/MCLR rate)
– Loan tenure: Up to 30 years, keeping monthly payments affordable
– Processing fee: Generally 0.25%–0.50% of the loan amount (capped at 10,000–15,000 by many lenders)
Self-employed buyers can also access loans based on their income tax returns.
Banks often provide pre-approval letters early in the booking process, giving buyers confidence before making a full commitment.
Why This Structure Works for Buyers
Combining clear pricing, low initial booking, construction-linked payments, and strong bank ties reduces financial risk and stress.
Buyers can plan their monthly payments comfortably, track the project’s progress, and avoid large upfront payments. In Mangaluru’s growing real estate market, securing a unit at pre-launch pricing in a limited inventory project like Udbhav Chinmaya offers both lifestyle benefits and investment potential.
With only 40 exclusive units, demand is high and supply is limited.
Ready to own your premium home in Kadri?
Contact us today for the latest pricing, detailed payment schedule, RERA documents, floor plans, and home loan assistance. Book your unit with just 1 Lakh and lock in pre-launch benefits.
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