Lotus Srinidhi by Lotus Properties — 2 & 3 BHK Mixed-Use Apartments in Ashok Nagar, Mangaluru
Lotus Srinidhi is a contemporary mixed-use residential and commercial development by Lotus Properties in Ashok Nagar, Mangaluru. The project offers 11 well-planned 2 and 3 BHK apartments above ground-floor commercial spaces, combining modern urban convenience with quality construction in one of Mangaluru’s well-connected residential localities, close to Urwa, schools, hospitals and transport hubs.
It is an under-construction project offering 2 & 3 BHK apartments.
Lotus Srinidhi Overview
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About Lotus Srinidhi
Lotus Srinidhi is a contemporary mixed-use residential and commercial development by Lotus Properties in Ashok Nagar, one of Mangaluru’s well-established residential localities. The project offers 11 thoughtfully designed apartments across 2 and 3 BHK configurations — from 800 square feet to 1,486 square feet — above ground-floor commercial spaces ranging from 221 to 816 square feet, making it equally suitable for homebuyers and investors seeking rental-generating shop spaces.
The building combines comfort, convenience and connectivity, with an automated 8-passenger elevator, covered car parking, CCTV surveillance, reticulated gas connection and a generator with soundproof enclosure providing 100 percent power backup for both common areas and individual apartments. The development also includes a gymnasium, indoor games room, rainwater harvesting and a sewage treatment plant. Specifications are built to Lotus Properties’ established quality standard, with vitrified tile flooring, aluminium windows, polished granite kitchen counters, Jaguar-equivalent sanitary fittings and putty-finished walls and ceilings throughout.
Located near Margidi Temple and the Urwa area, Lotus Srinidhi sits close to schools, hospitals, markets and transport hubs, making it an accessible choice for families and working professionals in the city. Lotus Properties is a CREDAI Mangaluru member and states that all ongoing projects are registered under the Karnataka RERA.
Lotus Srinidhi Price List
| Home type | Size | Price | Availability |
|---|---|---|---|
| 2 BHK Apartment | 800 sft | On Request | Available |
| 2 BHK Apartment | 868 sft | On Request | Available |
| 2 BHK Apartment | 871 sft | On Request | Available |
| 3 BHK Apartment | 1,486 sft | On Request | Available |
| Ground Floor Commercial Shop | 221 – 816 sft | On Request | Available |
Unit-wise pricing and the complete cost breakup, sent instantly to your phone.
GST & Other Charges
| Charge | Rate | Details |
|---|---|---|
| GST on Apartment Cost | 5% (no ITC) | 1% for affordable housing (≤ ₹45L, ≤ 60 sqm carpet). |
| Registration Charges | 1% | Of property value, paid at the Sub-Registrar office. |
| Stamp Duty | 2–5% | Karnataka: 5% above ₹45L, 3% for ₹21L–₹45L, 2% below ₹21L. |
| BESCOM & BWSSB | At actuals | Electricity and water connection deposits, as applicable. |
| Khata / E-Khata | At actuals | Recorded with the local authority (BBMP, BDA or the village panchayat) for ownership records. |
| Legal & Documentation | At actuals | Legal vetting, agreement drafting, sale-deed preparation. |
| Maintenance Deposit | 12 months | Advance maintenance, refundable or adjustable. |
| Corpus Fund | One-time | As per the sale agreement — society reserve fund. |
| Club House | Per unit | Included in base price or charged separately by the developer. |
| Car Parking | Per slot | As per the sale agreement — covered or open slot. |
Note: Charges are indicative; final amounts are confirmed at the time of booking and subject to applicable laws, project location, and unit specifications.
Lotus Srinidhi Review: Is It a Good Buy?
Lotus Srinidhi is a compact, well-specified mixed-use development in the right part of Mangaluru. Ashok Nagar sits within the Urwa–Kadri belt that forms the city’s established residential core, close to the Central Railway Station, markets and healthcare, which provides both liveability and long-term resale stability. The ground-floor commercial component adds a yield layer for investors, and the residential specifications — piped gas, Jaguar fittings, STP, rainwater harvesting, 100 percent DG backup — are above average for the size and price segment that a boutique 11-unit building typically represents in Mangaluru.
The practical gaps are the missing price list, the absent possession date and the RERA number that hasn’t been indexed publicly. The developer’s website states all ongoing projects are RERA-registered, and Lotus Properties as a CREDAI Mangaluru member carries institutional credibility, but buyers should confirm the RERA number on rera.karnataka.gov.in before advancing. For end-users seeking a quality 2 or 3 BHK in Ashok Nagar with commercial income potential from the same building, this is a straightforward shortlist option pending the price confirmation.
Pros 12
- Prime Ashok Nagar location one of Mangaluru’s established residential localities
- Mixed-use project ground-floor commercial shops add investment income potential
- Three 2 BHK size options (800, 868, 871 sft) and a spacious 3 BHK (1,486 sft)
- Automated 8-passenger elevator quality lift specification for an 11-unit building
- 100% generator backup for apartments and common areas (soundproof enclosure)
- Reticulated gas connection piped gas is uncommon in this segment
- Jaguar or equivalent sanitary fittings and polished granite kitchen counters
- Borewell + corporation water with overhead tank and underground sump
- Rainwater harvesting and STP sustainable infra built in
- Close to schools, hospitals, markets and Mangaluru Central Railway Station
- CREDAI Mangaluru member developer accountability and industry standing
- RERA-registered project per developer’s own declaration
Cons 6
- RERA registration number not publicly indexed buyers should confirm on rera.karnataka.gov.in
- Pricing not disclosed on official page requires direct enquiry
- Possession date not published
- Small inventory only 11 apartments, limiting unit choice and floor selection
- No swimming pool in the amenity list
- Ground-floor commercial nature means street-level activity below residential floors
See the site master plan and unit-wise floor plans, sent instantly to your phone.
Lotus Srinidhi Amenities
Lotus Srinidhi Location & Connectivity
Nearby Places
- Margidi Temple landmark Nearby
- Urwa area short distance
- Ashok Nagar locality On-site
- St. Aloysius English Medium School Nearby
- SCS College of Nursing Sciences short drive
- Multiple schools & colleges easy access per developer
- Yogachethana College of Yoga & Research short drive
- Karnataka Ayurveda Medical College Hospital Nearby
- ECHS (Ex-Servicemen Health Scheme) Hospital short drive
- Multiple hospitals & healthcare facilities per developer Nearby
- Urwa Market short drive
- Dubai Market Nearby
- Local Ashok Nagar retail Walkable
- City Centre Mall (K S Rao Road) short drive
- Mangaluru Central Railway Station short drive
- KSRTC bus stands well connected
- Mangaluru International Airport approx. 19 km
- City road network well connected per developer
- Kodialbail short drive (developer HQ area)
- Kadri short drive
- Kankanady short drive
- Mangaluru city centre short drive
Ashok Nagar, Mangaluru
Central-west Mangaluru's most connected mid-segment residential corridor — 4.2/5 connectivity (highest in Mangaluru), Kulur Ferry Road 1-3 km, Baikampady Industrial Area 5-9 km, AJ Hospital 3 km, Boloor Park within locality, airport 12 km; ₹5,500/sqft
About Lotus Properties
Lotus Properties is a Mangaluru-based real estate developer and a member of CREDAI Mangaluru, with a track record spanning completed, ongoing and upcoming projects across residential and commercial segments in the city. Headquartered at Kodialbail, Mangaluru, the developer’s portfolio includes projects in Ashok Nagar and Derebail, with a consistent focus on quality construction, practical layouts and value-led specifications.
The company’s approach is customer-centred, with stated values of excellence, integrity and innovation. Lotus Properties’ specification standard is consistent across its projects, covering Jaguar or equivalent sanitary fittings, polished granite kitchen counters, aluminium windows, vitrified tile flooring and independent sewage treatment plants. All ongoing projects carry RERA registration under the Karnataka Real Estate Regulatory Authority, and the Lotus Srinidhi project is part of this registered portfolio.
Lotus Srinidhi Payment Plan
The exact payment schedule is written into your agreement for sale. Ask for it in writing before you pay the booking amount.
Lotus Srinidhi EMI Calculator
Pick a home type to see the monthly EMI on an 80% home loan, or move the sliders to match your own loan.
The 8.5% rate is only a starting point, so check the rate your bank offers you. While the project is being built, the bank releases the loan in stages and you usually pay only interest (pre-EMI) on the amount released. The full EMI starts after possession. Stamp duty, registration and GST are paid on top of the home price.
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More About Lotus Srinidhi
Lotus Srinidhi Apartments — Configurations & Sizes
Lotus Srinidhi offers 11 residential apartments in 2 BHK and 3 BHK configurations across three size variants for the 2 BHK and one size for the 3 BHK, above ground-floor commercial retail spaces.
- 2 BHK Apartment — 800 sft
- 2 BHK Apartment — 868 sft
- 2 BHK Apartment — 871 sft
- 3 BHK Apartment — 1,486 sft
- Ground Floor Commercial Shops — 221 to 816 sft
The three 2 BHK size variants allow buyers to choose based on space preference and budget, while the single 3 BHK configuration at 1,486 square feet offers a more spacious family home. Pricing is available on request from Lotus Properties.
Lotus Srinidhi — Specifications & Construction Quality
Lotus Srinidhi is built to the established Lotus Properties specification standard, consistent with their portfolio across Mangaluru.
- Main entrance door — decorative melamine polished veneer door with frame
- Bedroom doors — wooden frames with painted flush door shutters
- Toilet shutters — Fibrotech
- Windows — aluminium with sliding shutters
- Apartment flooring — vitrified tiles
- Common area flooring — granite or vitrified tiles
- Toilet walls — digital wall tiles up to ceiling height
- Toilet flooring — anti-skid ceramic tiles
- Kitchen counter — polished granite with stainless steel sink
- CP fittings — toilets, kitchen and dining
- Sanitary fittings — Jaguar or equivalent
- Paint — putty-finished for walls and ceiling
- Water — corporation + borewell; overhead tank and underground sump with pumps
- Drainage — sewage treatment plant
- Environment — rainwater harvesting system
Lotus Srinidhi — Amenities & Building Features
Lotus Srinidhi is designed with practical amenities suited to an urban mixed-use residential building in Mangaluru.
- Gymnasium for resident fitness
- Indoor games room for recreation
- Automated elevator with 8-passenger capacity
- Covered car parking for all residents
- CCTV surveillance system for common areas
- Reticulated gas connection — piped gas supply to apartments
- Generator backup for both common areas and individual apartments
- Soundproof generator enclosure to minimise noise impact
- Ground-floor commercial shops (221–816 sft) offering walkable retail and rental income
Lotus Srinidhi — Location & Ashok Nagar Connectivity
Lotus Srinidhi is situated in Ashok Nagar, one of Mangaluru’s well-established residential neighbourhoods, offering proximity to essential city services and cultural landmarks.
- Ashok Nagar — established residential locality in central Mangaluru
- Near Margidi Temple — a local landmark and cultural reference point
- Close to Urwa area — a hub for markets and daily needs
- Urwa Market and Dubai Market — short drive for fresh produce and retail
- Schools and colleges — St. Aloysius English Medium School and others nearby
- Healthcare — Karnataka Ayurveda Medical College Hospital, ECHS Hospital
- Mangaluru Central Railway Station — short drive
- Mangaluru International Airport — approximately 19 km
- City Centre Mall — short drive for shopping and entertainment
Lotus Srinidhi — About Lotus Properties, Mangaluru
Lotus Properties is a Mangaluru-based real estate developer and a registered member of CREDAI Mangaluru, with over a decade of presence in the Mangaluru residential and commercial property market. The company has delivered completed projects and manages an active portfolio of ongoing and upcoming developments in locations including Ashok Nagar and Derebail.
- CREDAI Mangaluru member — adherence to industry ethical standards
- Portfolio — completed, ongoing and upcoming projects in Mangaluru
- HQ — Kushe Sadan, Near PVS Circle, K R Rao Road, Kodialbail, Mangaluru – 575003
- Contact — +91 93530 63675 · [email protected]
- All ongoing projects RERA-registered per developer declaration
Lotus Properties’ design philosophy emphasises quality construction, efficient layouts and modern amenities at accessible price points, targeting families and professionals seeking reliable urban homes in Mangaluru.
Lotus Srinidhi — Why Buy in Ashok Nagar, Mangaluru
Ashok Nagar is one of the most sought-after residential locations in Mangaluru for several practical reasons.
- Established neighbourhood — mature social infrastructure with schools, hospitals and markets already in place
- Proximity to Urwa — access to one of Mangaluru’s busiest local commercial hubs
- Transport connectivity — well linked to Mangaluru Central Railway Station and bus stands
- Walkable amenities — retail, eateries and daily services within short distance
- Stable property values — Ashok Nagar property prices have shown positive 5-year appreciation
- Mixed-use development availability — ground-floor commercial units at Lotus Srinidhi offer dual-use investment value
For buyers and investors, Ashok Nagar combines the convenience of city-centre proximity with residential character, making it a reliable address for both self-use and rental yield in Mangaluru.
Resident Reviews
★ Write a ReviewLotus Srinidhi FAQs
Lotus Srinidhi is a contemporary mixed-use residential and commercial project by Lotus Properties in Ashok Nagar, Mangaluru. It offers 11 apartments in 2 BHK and 3 BHK configurations along with ground-floor commercial shops, with amenities including a gymnasium, covered parking, elevator, generator backup and CCTV.
Lotus Srinidhi offers 2 BHK apartments in three size options — 800, 868 and 871 sft — and a 3 BHK apartment of 1,486 sft. The ground floor has commercial shops ranging from 221 to 816 sft.
Pricing for Lotus Srinidhi apartments is available on request from Lotus Properties. Contact the developer directly at +91 93530 63675 or [email protected] for the current price list.
Lotus Srinidhi is located in Ashok Nagar, Mangaluru — close to the Urwa area, near Margidi Temple, with easy access to schools, hospitals, markets and Mangaluru Central Railway Station.
Lotus Properties states on their official website that all ongoing projects are registered under the Karnataka RERA. The RERA number for Lotus Srinidhi is available on rera.karnataka.gov.in under developer Lotus Properties, Ashok Nagar, Mangaluru.
Lotus Srinidhi offers a gymnasium, indoor games room, automated 8-passenger elevator, covered car parking, CCTV surveillance, reticulated gas connection, generator backup with soundproof enclosure, rainwater harvesting and a sewage treatment plant.
Lotus Srinidhi is developed by Lotus Properties, a CREDAI Mangaluru member real estate developer headquartered at Kodialbail, Mangaluru, with a portfolio of completed and ongoing projects in the city.
Lotus Srinidhi combines residential apartments with ground-floor commercial shops, reticulated gas connection, 100% generator backup with soundproof enclosure and Jaguar-equivalent sanitary fittings — features that stand out in a boutique 11-unit building in Mangaluru.
Lotus Srinidhi has 11 residential apartments across 2 BHK and 3 BHK configurations, making it a boutique, low-density residential community.
Lotus Srinidhi offers investment potential through both residential apartments and ground-floor commercial shops in the Ashok Nagar location. The commercial units can generate rental income, and the established neighbourhood supports stable long-term property values.
Lotus Srinidhi apartments feature vitrified tile flooring, aluminium sliding windows, polished granite kitchen counters with stainless steel sinks, Jaguar or equivalent sanitary fittings, putty-finished walls, digital wall tiles in toilets, and rainwater harvesting — all built to Lotus Properties’ quality standard.
Yes, Lotus Srinidhi has one automated elevator with 8-passenger capacity serving all residential floors.
Lotus Srinidhi Latest Updates
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Lotus Srinidhi Ongoing — Construction in Progress
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Possession Date Available from Developer
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Bookings Open — Contact Lotus Properties
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