JP Nagar: High potential residential area in suburban Mysore
JP Nagar, located about 5 km on the southern suburb of Mysore city, is fast developing into a major destination for residential accommodation. In the last few years there has been a frenzy in real estate activity, with many prominent developers embarking on residential projects here. The connectivity and the improved infrastructure facilities have enhanced the appeal of the area among both end users and investors.
Connectivity
JP Nagar is well connected to other areas across the city through some major roads that pass through its fringes. Some of the major roads that pass through its vicinity are the Kozhikode-Mysore-Kollegal Highway through its eastern fringe, the Ring Road through its southern fringe and the Mananthavadi Road (SH-33), through its north-western fringe. Besides, the Link Road connecting the Mananthavadi Road with the Kozhikode-Mysore-Kollegal Highway passes through the northern fringe of JP Nagar. Buses ply frequently through the well-knit road network that passes through the area with many bus stops dotting the area. The Mysore city railway station is located about 7 km north, through the SH-33 while the Mysore Airport is about 8 km south, along the Kozhikode-Mysore-Kollegal Highway.
Infrastructure
There has been considerable improvement in the infrastructure of the area with new facilities coming up in recent times. Some of the reputed schools in the area are JSS Public School and Sanatana Bharta Bharti Pathshala, among others. There are also some prominent colleges in the vicinity like the National Institute of Engineering and the Mother Teresa Nursing College, among others. Some of the important health-care facilities in the area are Panacea Hospital, Health Point and Kids Care Clinic, among others. There are also many important religious institutions in the area like Sri Vittala Daama, Sri Rama Mandir and Ganesha temple, among others. There are also many other facilities like banks, shopping centers, restaurants and parks, among others. The eastern part of JP Nagar which borders the Kozhikode-Mysore-Kollegal Highway has a dense forest area.
Realty Scenario and Developers
JP Nagar being largely a residential area is made up of many residential pockets spread across five blocks. Some of the important residential pockets in the area are Dwarasamudra, Siddalingeshwara Layout and Kuppaluru, among others. Most of the residential units in the area are either 2 or 3 BHK apartments. According to data listed with CommonFloor, some of the prominent completed apartment projects in the area are Oceanus Royale by Oceanus Group, Mittal Blossom by Mittal Builders and Brigade Sparkle by Brigade Group, among others. Besides, there are many upcoming apartment projects like DS Max Smaran by DS Max Properties. The sq. ft. area of residential apartments range between 800-1500 and the price range is between Rs 30-60 lakh.
Future Prospects
JP Nagar has immense prospects of developing into a prominent residential destination in Mysore. With many developers coming up with apartment projects, the area is expected to witness much activity in residential realty terms. However, much will depend on the development of infrastructure facilities in the area as well as the pace of development. The area has bright prospects both from an investor as well as end-user perspective.
