a) The new T.A. Pai Management Institute (TAPMI), a 300 acre campus and
part of the prestigious Manipal University is located about 2 minutes drivefrom KSM
b) KARMIC design presently employing 160 engineers which is likely to increase
in the coming years is located just 200mts. from KSM
These developments are causing rapid appreciation of land value in this area and creating
demand for housing.
The road linking Manipal and NH17 is abt 200 m from the project and has been broadened
and will be a link road from Manipal city to the highway. From our project the NH 17 is 8
to 10 minutes drive. This road would result in substantial traffic proceeding from
Manipal to Mangalore to pass through.
The establishment of the above two campuses and the development of the link road
will draw development to this area and provide scope for appreciation.
Investment
Since our project is in very close proximity to TAPMI and KARMIC, potential investors
will be the first to benefit from the rental opportunity that these two organisations would
generate.
The rentals in the city are abt 12,000 to 18,000 for a 2bhk because of the close proximity
to the existing education institutes. These institutes have a large no. of overseas students
who are capable of paying the high rentals.
The future for our project is also foreseen to be the same. Also since we are just 3 min
drive from the existing institutes and it is well connected by a broad road, and considering
the amenities and quality of our project ,we can expect some of these rentals to also shift
to our project apart from the future expectations from TAPMI and KARMIC.
