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Allegro Mahabaleshwara Ventures is a Limited Liability Partnership incorporated in January 2020. It is a partnership of two real estate firms, Allegro and Mahabaleshwara, that have decades of experience developing real estate properties in the Mangalore area. This collaborative endeavor focuses on developing and selling opulent boutique residential apartments in Bengaluru city. Driven by a zeal for perfection, we are committed to providing you with the finest luxury living experience you can imagine. We combine our expertise in design, planning, artistry, and technical knowledge to create masterpieces that you can call home. Every apartment designed by us is an ode to beauty, innovation, and glamorous living, just waiting for you to walk in. Come, the home of your dreams awaits you.

Allegro Builders & Developers is an extension of Allegro Ventures India Pvt Ltd. It has business establishments in Karnataka, Maharashtra, and Gujarat and is a well-known name in construction and real-estate development. Over the years, Allegro’s projects have been emblematic of the evolving character of Mangalore. Set in prime locations, they are landmarks that define the dynamic spirit of the city. At Allegro, we blend high-quality aesthetics with technical finesse to create architectural marvels that serve as residential and commercial spaces.
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In 1992, Mahabaleshwara, already a trusted name in the transport business, ventured into the real estate industry in Mangalore. As one of the leading real estate developers in the city, Mahabaleshwara has developed numerous residential communities in its 30 completed projects in the past few decades. In 2011, Mahabaleshwara started developing boutique residential properties in Bengaluru under its sister concern, Mahabaleshwara Projects. With vast knowledge and experience in the design, execution, and marketing of quality homes, Mahabaleshwara aims to provide quality housing for one and all.
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Allegro blends high-quality aesthetics with technical finesse for architecturally splendid residential and commercial spaces. Helming Allegro Builders is the prominent and dynamic personality of D.B.Mehta. A Chartered Accountant and Cost Accountant by training, he spent the early years of his working life as a senior officer of the Indian Revenue Service. He moved out of bureaucracy for a personally proactive life, embracing the diverse challenges of entrepreneurship. His business interest is in Real Estate, Renewable Energy, Financial Markets, and Automobile Dealerships. D. B. Mehta has been a past President and Chairman of CREDAI, Mangalore, and is currently Vice President of CREDAI, Karnataka. He has been a past President of Kanara Builder’s Association and Mangalore Stock Exchange. He is currently also the Chairman of IGBC, Mangalore, and an Independent Director of Mangaluru Smart City Ltd. His media appearances and YouTube videos that tap into his expertise in the subject matter of economics, finance, and real estate enjoy a vast following.

Sanjith Naik, has an architecture degree from MIT-Manipal, and an MBA from Texas State University – USA , and has completed an Executive education program in Real-estate with Harvard university. Sanjith has also had a short experience in teaching, while at Texas State University for his MBA. Upon completion of his MBA, he was invited to be a member of BETA GAMMA SIGMA – an international business honour society for AACSB-accredited schools, which are the top 5% of business school programs around the world. His early education was at St. Aloysius, Mangalore. In the year 2007, Sanjith Naik was among the select few speakers (Topic- Urban Design) at the Mangalore Today’s “Genext conclave”, an event where prominent next generation leaders of the city were invited.

Armed with these qualifications, very relevant to the construction and building industry or simply the real estate business, he joined Mahabaleshwara & Promoters & Builders a real estate/ property development firm specialising in apartment projects in Mangalore. He is currently the Executive Director of Mahabaleshwara Promoters and Builders P ltd. In 2011 he expanded the business to Bangalore where he heads the operations. In addition to this, he also established a proprietary concern of his own in Bangalore by the Name and style of Mahabaleshwara Projects and has so far completed 5 projects under the two banners.
Besides being the secretary and correspondent for Shakthi Residential school, Sanjith Naik is also the Managing Trustee of Shakthi Education Trust which runs Shakthi Residential school and PU College. Sanjith Naik is also a Trustee in Sri Gopalakrishna Temple Trust and Sri Gopalakrishna charitable trust,Shakthinagar Mangalore.


Allegro blends high-quality aesthetics with technical finesse for architecturally splendid residential and commercial spaces. Helming Allegro Builders is the prominent and dynamic personality of D.B.Mehta. A Chartered Accountant and Cost Accountant by training, he spent the early years of his working life as a senior officer of the Indian Revenue Service. He moved out of bureaucracy for a personally proactive life, embracing the diverse challenges of entrepreneurship. His business interest is in Real Estate, Renewable Energy, Financial Markets, and Automobile Dealerships. D. B. Mehta has been a past President and Chairman of CREDAI, Mangalore, and is currently Vice President of CREDAI, Karnataka. He has been a past President of Kanara Builder’s Association and Mangalore Stock Exchange. He is currently also the Chairman of IGBC, Mangalore, and an Independent Director of Mangaluru Smart City Ltd. His media appearances and YouTube videos that tap into his expertise in the subject matter of economics, finance, and real estate enjoy a vast following.

Sanjith Naik, has an architecture degree from MIT-Manipal, and an MBA from Texas State University – USA , and has completed an Executive education program in Real-estate with Harvard university. Sanjith has also had a short experience in teaching, while at Texas State University for his MBA. Upon completion of his MBA, he was invited to be a member of BETA GAMMA SIGMA – an international business honour society for AACSB-accredited schools, which are the top 5% of business school programs around the world. His early education was at St. Aloysius, Mangalore. In the year 2007, Sanjith Naik was among the select few speakers (Topic- Urban Design) at the Mangalore Today’s “Genext conclave”, an event where prominent next generation leaders of the city were invited. Armed with these qualifications, very relevant to the construction and building industry or simply the real estate business, he joined Mahabaleshwara & Promoters & Builders a real estate/ property development firm specialising in apartment projects in Mangalore. He is currently the Executive Director of Mahabaleshwara Promoters and Builders P ltd. In 2011 he expanded the business to Bangalore where he heads the operations. In addition to this, he also established a proprietary concern of his own in Bangalore by the Name and style of Mahabaleshwara Projects and has so far completed 5 projects under the two banners. Besides being the secretary and correspondent for Shakthi Residential school, Sanjith Naik is also the Managing Trustee of Shakthi Education Trust which runs Shakthi Residential school and PU College. Sanjith Naik is also a Trustee in Sri Gopalakrishna Temple Trust and Sri Gopalakrishna charitable trust,Shakthinagar Mangalore.

Key Highlights

Prime Locations with world-class aesthetic

We help you experience the best that the city has to offer. Our prime location properties are a stone’s throw away from the airport, commercial hubs, schools, hospitals, and sundry aspects of modern-day living. Style is our middle name, which means our projects are more than residential spaces.