News Karnataka
Thursday, November 30 2023
Business News

Mangaluru: Foundation stone laid for MGM Kedar Residential Complex

MGM Kedar
Photo Credit : News Karnataka

Mangaluru: The bhoomi pooja of Mukund MGM Realty’s Kedar, a luxury residential complex was performed here on Saturday November 5.

Derebail Church Priest Rev. Fr. Joseph Martis offered prayers.

Karnataka CREDAI Vice President D. B. Mehta was the Chief guest. He said that MGM has earned the trust and respect of all by providing quality residential complex, customer-friendly service and affordable price to the people.

MLA B Vedavyas Kamath and MLA Dr. Y. Bharath Shetty wished the organisation good luck.

Promoter Gurudutt Shenoy, said, “Derebail is one of the best residential hubs and has extensive roads and amenities and accordingly, the luxury Kedar flat will come up as a budgeted project.

Mangaluru City Corporation
Mayor Jayananda Anchan, MCC Members Ranjini Kotian, Shashidhar Hegde, Promoters Mangaldeep, Gurudutt Shenoy and Mahesh Shetty, Land owners Ilyas Sanktis and others were present.

In Kedar, a bank loan facility will be provided to home buyers.

About MGM Realty and Kedar Residential Complex

MGM Realty is a company that is constructing luxurious and affordable houses in Mangaluru for just Rs. 55 Lakh. The apartment complex, Kedar will have 16 floors and 78 houses comprising 2BHK and 3BHK and luxury 4BHK flats according to Vastu,

Mukund MGM Realty has taken cognisance of the needs of the people of Mangaluru and a 2BHK house has been introduced with modern amenities at a cost of Rs. 55 lakh after a discount of Rs 5 lakh. The company, which is well-known for its construction and amenities.

In this project, about 15000 square feet of land has been converted into a landscaped garden with an aim to provide an open environment experience to customers who have purchased a flat, said promoters Mangaldeep, Gurudatta Shenoy and Mahesh Shetty.


• Badminton Court
• Open Air theatre
• Outdoor Open
• Gymnasium
• Indoor and outdoor playgrounds
• Children’s playground
• Library
• Yoga Pavilion
• Visitors lobby with a wide double height
• Intercom and Access Controlled Lobby Entrance
• Solar electrical panels
• CCTV camera
• Two automatic lifts.
• Car parking and generator system

The company, which is credited with making huge strides in the IT world of Mangaluru by constructing exquisite commercial complexes such as Vertex Workspace at Ballalbagh in Mangaluru and Ajanta Business Centre at Bejai Kapikad and providing all kinds of facilities as per the demand of the IT companies, has completed many residential projects and commercial projects in a timely manner since its inception. There are three projects with the organisation currently. Work on housing projects such as Gokuldham in Mannagudda, Kailash at Kottara Chowki and Mukund Sadan in Dongarakeri Re in progress.

For booking Kedar apartments, customers can contact the office of Mukund MGM Realty At Suprabhata Building in Kapikad in the City or log on Or call on 96117 30555/70909 33900

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