✱ UDUPI · RESIDENTIAL

Flats for sale in Udupi

Flats in Udupi start from ₹40 lakh for a 2BHK and ₹65 lakh for a 3BHK, based on what is listed with us right now. Stock sits mainly in Ambalpady, Bannanje, Kuthapady and Bailoor. We check the title and, where it is a builder project, the K-RERA registration, before you pay anything.

Prices shown are starting figures only and may change. Current inventory, rates, and project details update regularly. Talk with our team to confirm the latest plans, availability, and pricing for your preferred flat.

2BHK from
₹40 lakh
3BHK from
₹65 lakh
Main areas
Ambalpady, Bannanje, Kuthapady, Bailoor, Manipal
On top of price
Stamp duty, plus 2% registration
Legal check
In house, 30 year title chain
Loans
Arranged in house, from 7%
Listings
richmanassets.in

✱ WHAT IT COSTS

What flats in Udupi start at

Taken from live listings on our portal, Rich Man Assets. Starting price only, because a ceiling tells you nothing useful about the unit you want.

Flats listed with us in Udupi, starting prices
Type From Where
2BHK apartment ₹40 lakh Ambalpady, 1,250 sq ft
3BHK apartment ₹65 lakh Bannanje, 1,470 sq ft
3BHK, builder project ₹72.5 lakh Bailoor, 1,450 to 1,865 sq ft
Apartment, larger floor plate ₹63 lakh Udupi, 1,540 sq ft
2BHK independent house ₹45 lakh Hebri, highway facing

These are the starting prices of flats actually listed with us, not a market average. A specific unit prices on floor, facing and stage of construction. Ask us for the current figure on the one you are looking at.

✱ ONGOING

Builder projects open now

We are the sales side on these. Full plans, unit availability and the K-RERA record sit on the listing page.

Ongoing, 3 BHK Kiara Breeze Opposite Bailoor Mahishamardini Temple, Udupi. Flats of 1,450 to 1,865 sq ft. From ₹72.5 lakh View on Rich Man Assets ↗ Ongoing, 1 and 2 BHK Shambhavi Serendipity Kadekar Grama Panchayath, Kuthapady Village, Udupi. Has shops on the ground floor. Price on request View on Rich Man Assets ↗

See all builder projects ↗

✱ WHERE TO BUY

The pockets we actually deal in

  1. 01

    Bannanje

    Central Udupi, walking distance to the temple zone and the bus stand. Our office is here. Steady resale demand and the easiest area for bank valuation.

  2. 02

    Manipal Road and Madhav Nagar

    Priced higher because of the university. Strong rental demand from students and MAHE staff, which matters if you are buying to let.

  3. 03

    Katapadi road

    Newer projects, more space for the money, good access to NH 66. Check the road width and the panchayat limit before you commit.

  4. 04

    Kunjibettu and Shivalli

    Established residential pockets close to the city. Older buildings need a careful title chain read, which is where our legal team earns its place.

  5. 05

    Bypass road and Kodavoor

    Growth corridor. More plot and independent house stock than flats, and prices move faster here than in the centre.

✱ BEFORE YOU PAY

What we check on a flat in Udupi

Advocate Deepa R Kotian runs this in house. She has 17 years in property law and is empanelled with major banks, which in practice means lenders on that panel accept her scrutiny report without a separate legal re-check.

01 RERA

Does K-RERA apply to this flat?

K-RERA registration is required from the promoter of a real estate project, whether that is apartments or a plotted layout, where the land exceeds 500 square metres or there are more than eight units. It does not apply to a private resale between two individuals, or to a single site sold by its owner. A project that already held a completion certificate before the Act came in is outside it. Where it does apply, search the project before the site visit. The record shows the promoter, approved plans, timeline and any litigation.

Source: Real Estate (Regulation and Development) Act, 2016 with the Karnataka Real Estate Regulation and Development Rules, 2017. Search it free, no login, at rera.karnataka.gov.in.

02 Title

Is the title clean for 30 years?

We read the encumbrance certificate for the last 30 years, the sale deed chain, the khata and the tax receipts. The EC is what surfaces a registered charge such as an old loan or a lien. It records registered documents only, so an unregistered claim or an oral arrangement will not appear in it, which is why the deed chain is read alongside. The EC costs 35 rupees for the first year and 10 rupees for each further year on the state portal.

Source: Kaveri Online Services, Department of Stamps and Registration.

03 Completion

Are the OC and CC in order?

For an apartment we coordinate with the builder's legal team so the occupancy certificate, the completion certificate and the RERA registration are all in place before the sale deed is executed. Without an OC the flat is not legally fit for occupation and resale gets harder.

Verified against the builder's file and the planning authority record.

04 Registration

What will stamp duty and registration cost?

Stamp duty is 5 percent on land, commercial property and resale flats, at every price point. The lower slabs, 2 percent up to 20 lakh and 3 percent from 20 to 45 lakh, apply only to the first sale of a flat by the builder under Article 20(2A) of the Karnataka Stamp Act. Cess and surcharge are added on top of the duty amount. Registration is 2 percent of value, uncapped, for documents executed on or after 31 August 2025. Both are charged on the higher of your sale value or the guidance value.

Source: Karnataka Stamp Act, Article 20(2A), and the Karnataka Registration (Amendment) Act, 2025. Before 31 August 2025 the registration fee was 1 percent capped at 30,000 rupees, and many online calculators still show that. Confirm your own figure on the Kaveri calculator.

✱ HOW IT GOES

Three ways to start

01

Tell us the budget

Send the type, budget and preferred area. We come back the same business day with what is genuinely available, not a padded list.

Open the form
02

Check the loan first

Bring your ITR and we work out the largest loan you actually qualify for before you fall for a flat you cannot fund.

Home loan department
03

See the listings

Shortlist on our portal and send an enquiry from the listing page. No repeated sales calls afterwards.

Rich Man Assets

✱ QUESTIONS

Flats in Udupi, asked often

What does a 2BHK flat in Udupi start at?

From ₹40 lakh, for about 1,250 sq ft in Ambalpady, on what is listed with us now. Floor, facing and stage of construction move it from there.

What does a 3BHK flat in Udupi start at?

From ₹65 lakh for about 1,470 sq ft in Bannanje. Kiara Breeze at Bailoor starts from ₹72.5 lakh for 1,450 to 1,865 sq ft.

Which areas in Udupi have flats for sale?

Ambalpady, Bannanje, Kuthapady, Bailoor, Katapadi, Kunjibettu, Manipal Road and the bypass. Manipal has separate stock, priced higher because of the university.

What do I pay on top of the flat price?

Stamp duty of 5 percent on a resale flat at any price. The lower 2 and 3 percent slabs apply only to a builder's first sale of a flat up to ₹45 lakh. Add cess and surcharge on the duty, plus 2 percent registration since 31 August 2025.

Can an NRI buy a flat in Udupi?

Yes. Under FEMA an NRI or OCI can buy residential property freely, with no cap on the number of units and no RBI permission needed, as long as payment comes through NRE, NRO or normal banking channels. Agricultural land is a different matter and cannot be bought at all.

Do you handle accommodation near MAHE Manipal?

Yes. Studios, 1BHK flats and PG setups close to the university campus, for buyers and for renters. We also handle residential units near KMC Hospital Mangalore for medical staff and students.

Tell us the flat you have in mind

Give us the area and the budget. You will speak to the director who handles Udupi residential, not a call centre.

3rd Floor, Sriram Building, Bannanje, Udupi 576101, Karnataka
Monday to Saturday, 9am to 7pm
WhatsApp us +91 93809 39961 Start an enquiry