Vijayanagar in Mysore witnesses rapid growth as a residential hub
Vijayanagar in Mysore witnesses rapid growth as residential hub. It is largely a residential area which is also blessed with excellent connectivity as well as many important infrastructure facilities. What is significant about the area is that it has been pervaded my many apartment projects in recent years with the demand for residential property on the upswing, in recent times.
Connectivity
Due to its strategic location bordering the Ring Road on the north western fringe of the city, Vijayanagar offers excellent connectivity all around the city. Besides, the Hunsur Road which runs diagonally across the western part of the city traverses the area facilitating easy accessibility to the heart of the city. Moreover, there are many other prominent roads in the area like the General Thimmaiah Road, the Kannada Parishath Road, the Kalidasa Road and the Tennali Rama Road, among others. Buses ply across the area with many bus stops dotting important destinations. The nearest railway station from Vijayanagar is the Mysore Junction railway station located about 5 km away along the Hunsur Road. The Mysore Airport is located about 16 km away via the Hunsur Road as well as the Kozhikode-Mysore-Kollegal NH-212.
Infrastructure
Apart from being a major residential area in the city, Vijayanagar also boasts of many prominent infrastructure facilities. Some of the renowned schools in the area are St.Joseph’s Central School, Bharathiya Vidya Bhavan and Pushkarni School, among others. There are also many reputed colleges in the area that include Vidya Vardhaka College of Engineering, K Puttaswamy PU College and Sadvidya Semi-Residential PU College, among others. Some of the prestigious hospitals in the area are Swasthya Ayurveda Center and Benaka Dental Clinic, among others. There are also many important religious institutions in the area like Chowdeshwari temple, Ganesha temple and Chamundeshwari temple, among others. Besides, there are many other prominent facilities like banks, shopping centers, restaurants, entertainment facilities, parks and playgrounds, among others.
Developers and Realty Scenario
Viyayanagar is known for its varied residential projects, many of which have come up in recent times. The most commonly seen residential units here are 2BHK and 3BHK apartments. Some of the prominent completed apartment projects here are Manasa Royal by Manasa Developers, Pratham Ashirvad by Pathak Developers and Sowparnika Royale Splendour by Sowparnika Projects, among others. Some of the important upcoming apartment projects here are Smart Spaces Two by Smart Spaces India, Pratham Pinnacle by Pathak Developers and KBL Passion by KBL Group, among others. The sq. ft. value of apartments here range between Rs 2,500-3,000, with many units available in the lower and upper ranges as well, based on the sq. ft. area and the amenities provided.
Future Prospects
At the pace at which Vijayanagar is undergoing a transformation in terms of residential development, the prospect of it developing even further is very bright. With various residential options to choose from in different budget ranges, the demand is expected to increase many-fold in future. Developers are cashing in on this rise in demand and coming up with many prominent apartment projects. Besides the connectivity, the infrastructure facilities which are expected to improve in future, present a good investment option to investors as well as end users.