Mangaluru: Land Trades’ residential building ‘Nakshatra’ inaugurated

Pics: Dayanand Kukkaje

Daijiworld Media Network – Mangaluru (ANK)

Mangaluru, Jun 8: MLC Harish Kumar inaugurated the 40th project of renowned builder Land Trades Builders & Developers’ residential building ‘Nakshatra’ here at Gandhinagar on Thursday June 8.

Meanwhile, dignitaries unveiled the plaque and Lord Ganesh idol.

Addressing the gathering, mayor Jayanand Anchan said, “Land Trades managing director K Srinath Hebbar has silently contributed to the overall development of Mangaluru without expecting anything from the government. I will take steps to recommend Srinath Hebbar’s name for Rajyotsava award for his contribution towards Mangaluru.”

Corporator of Mannagudda ward, Sandhya Mohan Acharya said, “It is a proud feeling for Mannagudda ward to have such skyscraper ‘Nakshatra’ from Land trades. During the construction, there were some issues faced in the neighbourhood which were quickly resolved by Land Trades.”

Editor, CEO of Hosa Digantha Kannada daily, P S Prakash said, “Land trades has never compromised on quality and Srinath Hebbar’s contribution towards Mangaluru is remarkable”

General manager of Karnataka Bank Ravichandran S said, “When I first came to Mangaluru in 1986, there was no culture of high-rise buildings. But after 10 years, many such apartments have come up in Mangaluru. Srinath Hebbar has played a vital role in developing Mangaluru. This is the 40th project by Land Trades and I hope in the coming years, it will reach the mark of 50. When it comes to quality apartments, Land Trade is in forefront. They have always lived up to the expectations of the customers.”

In his presidential remarks, MLC Harish Kumar said, “Today, Mangaluru has come up with a lot of apartments and the demand for the same is on the rise. Land Trades have built 40 projects due to the effort of Srinath Hebbar and his team.”

Managing director of Land Trades K Srinath Hebbar welcomed the gathering, CEO Ramith Siddakatte proposed the vote of thanks, and Manohar Prasad and Mahesh Nayak compered the event.

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

  • Jayaram Kodialbail, Kodialbail, Mangalore

    Fri, Jun 09 2023

    It was really a joyous moment for me to witness the inauguration of yet another iconic project "Nakshatra" from M/S Landtrades Group, a Crisil DA2 rated company having already achieved great laurels in the real estate and construction segment in the region. Kudos to Sri.K. Srinath Hebbar and his dedicated and loyal team for this proud achievement. Wishing for continued success and many more glorious projects to come up in the times ahead. Jayaram Kodialbail 403, Anantheesh

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