Real Estate Properties in Udupi

Udupi, in the south-west part of Karnataka, is the headquarters of the Udupi district. The city is popular along the western coast, located 58 km to the north of Mangalore and 422 km to the north-west of Bangalore. The main languages spoken in Udupi are Tulu, Kannada, and Konkani.

The name Udupi may have been derived from the Tulu name for this city, which is Odipu. There is yet another version which says the name Udupi came by combining the Sanskrit words Udu and Pa, meaning ‘stars’ and ‘lord’. Going by this story, Udupi means the ‘Lord of the Stars’.

Udupi is renowned for its Sri Krishna Temple and attracts a lot of pilgrims and devotees from all around the world. The eight ‘maths’ in Udupi take turn in managing the temple every 2 years. This process of transferring the administration to a different math is celebrated in a grand manner and is called Paryaya which attracts thousands of tourists.

The city is also famous for its cuisine. The chain of Udupi restaurants are found throughout the country. They mainly excel in South Indian delectables.

The poverty rate in Udupi is very low compared to other places in Karnataka. The per capita income of people living here is also high causing progress in terms of infrastructure and real estate development.

Stats and Facts

• As per the census report of 2011, the population of Udupi stands at 1,25,350. But the population of the urban agglomeration is 1,65,401
• According to the same report, the sex ratio in Udupi is 976 females per 1000 males which is well above the national average sex ratio of 940 per 1000 males
• Udupi’s literacy rate is 93.89%
• Yakshagana is a famous dance and drama art form practiced fervently in Udupi
• Nagaradhane, a form of worshipping the Snake God, is conducted all night long and attracts thousands of people. It includes a special form of dance and music along with huge rangolis and paintings
• Kambala, Lagori, cock fight and Chinni-dandu are the rural spectator sports of this place
• There are many famous beaches along the coast of Udupi like Malpe, Kaup, Maravanthe, and Othinane
• St. Mary’s island is a popular tourist destination in Udupi. It can be reached through Malpe beach by boats

Agriculture and Fishing Industry

• The agriculture sector of Udupi contributes significantly to its economy. Previously, rice and coconut were the main trade. But now, there are nuts and cashews being grown as well
• Karnataka Milk Federation in Manipal, which comes under the Udupi district, has farmers procuring milk. They have their own dairy processing plant. Milk is being procured and processed by private entrepreneurs as well, contributing to the overall economy of Udupi
• Fishing is a major occupation in Udupi. Both deep sea fishing and inland fishing are popular in the city. Most fishing activities are mostly carried out at Malpe. The Arabian Sea is a major source for the fishing industry in Udupi
• Small-scale industries are also present in good numbers. They are mostly engaged in the manufacturing of coconut oil, cashew nuts and red clay tiles, also known as Mangalore tiles

Connectivity

• Udupi has a very good road network and is well connected to the major cities nearby. Two national highways - NH-66 (which was earlier NH-17) and NH-13 pass through the city. It is connected by NH-66 to major cities like Mangalore, Murudeshwara, Karwar, Kochi, Goa, Madgaon, Mumbai and Ratnagiri. The NH-13 connects Udupi to other places like Shimoga, Bijapur, and Chitradurga
• Karnataka State Road Transport Corporation (KSRTC) has buses plying within the city as well as to other major cities in Karnataka like Bangalore, Mangalore, Bijapur, Hubli, Shimoga and Mysore
• Udupi Railway Station is about 2 km from the main Udupi town. It lies along the Thiruvananthapuram-Mumbai railway route and comes under the administration of the Konkan Railways. Udupi is well connected to cities like Bangalore, Mumbai, Rajkot, Delhi, and Ahmedabad by direct trains. Kundapura Railway Station is the nearest major railway station
• The nearest access Udupi has to an airport is the Mangalore International Airport, which is located at Bajpe, about 55 km from Udupi. All the major cities in India and abroad are well connected by regular flights. The Vajra Volvo buses connects the airport and Mangalore. Volvo bus services are also available between Udupi and Mangalore at regular intervals
• The intra-city transport in Udupi is mostly by city buses that frequently ply throughout the city. Both government and private buses offer convenient modes of transport. Apart from buses, auto-rickshaws can be used to travel within the city, too

Udupi Administration

• Udupi’s administration comes under the Udupi district. Udupi is the headquarters of the district
• Udupi had a Town Municipal Council, which later transformed into a City Municipal Council when Udupi was given the status of a city in the year 1995
• The Deputy Commissioner, also the District Magistrate, heads the operations of the council
• The Council caters to the grievances of the citizens through the many divisions, namely Administration, Revenue, Election, Municipal, Muzarai, Census, Judicial and Miscellaneous
• Udupi has a Zilla Panchayat office, which is headed by a Chief Executive Officer (CEO), who is responsible for the administration of the Zilla Panchayat
• The Chief Executive officer (CEO) is assisted by senior officers like the Deputy Secretary, Chief Accounts Officer, Chief Planning Officer and Project Director DRDA
• The areas of operation for a Zilla Panchayat can be divided into six sections, namely development, administration, accounts, planning, council, development, and administration

Udupi Infrastructure

• Udupi is the birthplace of major national banks like Syndicate Bank and Corporation Bank, and boasts of excellent educational institutes. Manipal, a suburb in the city of Udupi, is a university town with worldwide recognition. The Manipal Academy of Higher Education (MAHE) is renowned for its quality education. These factors attract a large number of students from India and abroad, which has fuelled infrastructure development in the city
• More and more projects are being undertaken to provide world-class infrastructure in Udupi. The city has around 3 industrial estates and 2 SEZ areas, which is gradually increasing the city’s population. Residential projects are increasingly being developed around these areas
• In addition, known as the City of Temples, Udupi attracts a lot of tourists round-the-clock, which necessitates trustworthy infrastructure facilities
• The villages surrounding Udupi and the areas under the Udupi Urban Development Authority may soon be merged and brought together under the name Greater Udupi. This idea was proposed recently and would see scope for better infrastructure and wider roads in the near future. These factors have accelerated healthcare, educational and industrial projects in these areas

Infrastructure Projects

Udupi Real Estate Market

• The Udupi real estate market is benefitting largely from the upcoming Information Technology sector in the city. Companies like Robosoft Technologies, SourceHub India Pvt. Ltd. are attracting more and more people to Udupi
• The highway projects are providing better connectivity to reduce the time taken to traverse between major cities, attracting more prospective buyers to invest in properties in Udupi
• With Mangalore developing rapidly, more people are moving towards Udupi, which is expected to rise to the status of a corporation by 2025. The property rates are rising along the highways and in the outskirts of the city

Key Localities in Udupi

Charges By Different Government Bodies

Property Registration

MESCOM – Supply of Electricity In Udupi

The Karnataka Electricity Board (KEB) was split into Karnataka Power Transmission Corporation Limited (KPTCL) and Vishweswaraiah Vidyut Nigama Limited (VVNL). The KPTCL was further unbundled into 4 companies to distribute power across different regions in Karnataka. Mangalore Electricity Supply Company is one of those, and caters to the electricity needs of three other districts apart from Udupi.

Electricity Tariff

Udupi City Municipal Council

The UCMC is responsible for supplying water to the city of Udupi. The sources of surface water for the city come from the river Swarna and the Hiriyadka Baje.