Chamarajapuram, Mysore shows high prospects for residential growth
Chamarajapuram, which is located close to the heart of Mysore city, has the potential to be developed into a major residential area due to various benefits that it offers. Located just about one km from central Mysore, the area is renowned for various facilities. Connectivity is an important factor that has enhanced the appeal of the area. It also has adequate infrastructure facilities which has the potential to develop further in future. The potential that the area presents has attracted many developers who have already completed some apartment projects.
Connectivity
Chamarajapuram is well connected to other areas across the city through some major roads in its vicinity. The SH-88 is located on the eastern periphery of the area, with that part of the highway which runs through the area also known as the JLB Road. The JLB Road which extends beyond the Ramaswamy Circle, the north-eastern tip of Chamarajapuram, meets the Hunsur Road, which is about one km away from this circle. The JLB Road which extends south of the area from the Vedanta Hemmige Circle meets the Mananthavadi Road at the Srinivasa Circle, just about 1 km away. It further extends southwards to meet the Kozhikode-Mysore-Kollegal Road, about 2 km away. Some of the other prominent roads passing through the area are the Krishnaraja Bouleward Road, the Vani Vilas Double Road, the BR Ambedkar Road, the Jayalakshmi Vilas Road, the New Kantharaj Urs Road amongst others. The city railway station is located about 2 km north of the area, along the JLB Road while the Mysore Airport at Marase is located about 11 km away along the Kozhikode-Mysore-Kollegal Road.
Infrastructure
Even though the area is not renowned for its infrastructure facilities, it has the potential to develop considerably in future. Some of the reputed educational institutions in the area are the Sri Chamaraja Ursu Boarding School, Government high School and Pre-University, the Advanced Institute of Management etc. An important religious institution in the area is the Ganesha temple. There are also many important IT companies in the area. Some other important landmarks in the area are the Mysore District Courts Complex, the Civil Court, the Mysore Tennis Club, the Manuvana Park etc. Besides, the area also has many hospitals, banks, shopping centers, restaurants, entertainment facilities etc.
Developers and Realty Scenario
Considering that the area is still developing as a residential destination, there are many vacant spaces that have either been taken up by developers for future residential projects or by investors, expecting considerable appreciation in property values in future. Most of the residential units in Chamarajapuram are either 2 or 3BHK apartments. Some of the major completed apartment projects in the area are Pratham Panchami by Pathak Developers, Sankalp Prabhu and Sankalp Vishnu by Sankalp Group etc.
Future Prospects
Chamarajapuram has high potential for developing as a residential destination in future. In this regard, an important factor that will work in its favour is the connectivity within as well as across the city. It is expected that the infrastructure in the area will also develop in course of time. Moreover, the large expanses of developable land presents developers with the prospect of coming up with many major residential projects in future. Buyers can expect to purchase residential units at lower values due to such units currently being within the affordable price range. Besides, investors looking for long-term gains can expect considerable appreciation in values of their property.
