Real Insights – Mysore Road : A CommonFloor Report
Real estate market in Bangalore has been on a constant fillip in comparison to other regions in the country such as Delhi-NCR and MMR. Moreover, with the new and more reliable regime, markets have, more or less, stabilized in general and the outlook for the real estate sector here is displaying an upward trend.
The stretch between Nayandanahalli to NICE Ring Road Junction, popularly referred as Mysore Road, has become a real estate hotspot in the last couple of years. Connectivity is one of the key factors driving real estate growth in localities in and around Mysore road. NICE corridor, proximity to outer Ring Road and Metro Phase 1 and II are giving a major boost to realty growth here.
In this report, the major localities that have been considered to make up for real estate market in and around Mysore Road include Rajarajeshwari Nagar, Kengeri, Uttarahalli, Nayandanahalli and Banashankari 5th Stage and 6th Stage.
“As part of ‘Real Insights’ into real estate, commonfloor.com has come up with a detailed report onReal Insights – Mysore Road with in-depth analysis based on CommonFloor data.
For detailed report“
The following report gives an overview of the areas in and around Mysore Road. The said areas have plenty of vacant lands. That’s why, layouts and plots constitute 54 per cent of all the available property-types, followed by apartments, villas and row houses. Mostly, the region has a blend of affordable and mid-segment properties with few in the luxury category as well. 2BHKs are the most preferred configurations by home seekers in these areas. With focused development, the stretch has high potential for future growth, both in terms of residential as well as commercial real estate.
