Mysore Emerges as South India’s Premier Real Estate Investment Hub

Date:

Mysore is rapidly transforming into a prime destination for real estate investment in South India, driven by significant infrastructure developments, robust economic growth, and increasing demand from both domestic and international investors.

The inauguration of the Bengaluru–Mysuru Expressway has significantly enhanced connectivity, reducing travel time between the two cities to approximately 75 minutes. This improved accessibility has spurred residential and commercial development along the corridor, particularly in areas like Bidadi, Ramanagara, and Mandya.

Mysore’s real estate market has witnessed substantial appreciation, with property prices in localities such as Ilavala Hobli and Yelwala increasing by 200% and 67.9%, respectively, over the past three years . The city’s affordability compared to Bengaluru, coupled with its serene environment, has attracted a growing number of professionals and retirees seeking quality living spaces.

The city’s emergence as Karnataka’s second-largest IT exporter, housing major companies like Infosys and Wipro, has further fueled demand for residential and commercial properties . Additionally, the development of sustainable housing projects and the availability of MUDA and DTCP-approved residential layouts in key areas such as Vijayanagar and Bogadi Road have made Mysore an attractive option for investors.

With its blend of cultural heritage, economic vitality, and infrastructural advancements, Mysore stands out as a compelling choice for real estate investment in South India.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

EcoYou Transforms 22 Million Tonnes of Agro-Waste into Green Building Materials, Fueling $240 Million Rural Impact

EcoYou, an initiative by Ecoboard Industries Limited, has revolutionized...

Top 5 Mutual Funds Tapping into India’s Real Estate Boom

As India's real estate sector experiences robust growth, several...

Delhi Unveils ₹24,000 Crore Infrastructure Overhaul to Alleviate Traffic Congestion

In a significant move to address Delhi's persistent traffic...

Expert Opinion Spurs Construction Reforms After NH-66 Collapse

Kerala’s National Highways Authority of India (NHAI) has taken...