The locality has a number of educational institutions like R.V. College Of Engineering, Bangalore Institute of Management Studies (BIMS), Indian Statistical Institute, Orchids The International School, Shree Swaminarayan Gurukul International School and Tattva School
The locality is one of the sought after residential areas in Bangalore and has gained importance as a commercial real estate market as well. The locality is known for mid segment residential projects. The growth of real estate market of the locality is going to remain positive and the locality is going to be the next investment destination.
BBMP has demolished around 23 shops on Mysore road for road widening. BBMP is also planning to contruct a signal free corridor from Mysore Road to Central Silk Board junction for which they are going to acquire around 93,594 sq ft land which is around 137 properties
Moreover metro is also coming up in Mysore raod which will give a smoother connectivity from this area. The area is well connected by local bus services and Bangalore City Junction Railway Station is around 15 kms from Mysore road. I feel it is worth investing in this area and future aprreciation is also expected
The Bangalore-Mysore road was widened into four-lanes now the state government is planning to widen the highway into six lane road to smoothen the traffic. The official said that the government was in process of land acquisition for the 6- lane and the proposal will be placed before the National Highways Authority of India (NHAI)
The price per sq. ft. was at Rs 3777 in Oct- Dec 2012 quarter and then price appreciated to Rs 4165 in the next quarter of Jan-Mar 2013. There was approximately 10 percent increase in the residential sale in the first quarter of this year. So you can expect in future
Mysore Road offers 2, 3 and 4 BHK apartments, villas and different sizes of plots. Key developers in this area are Galaxy Projects India Pvt Ltd, Salarpuria Group, Concorde Group, Sattva Group, Provident Housing Ltd and Gopalan Enterprises.
Provident Sunworth, MBR Shangrila, Salarpuria Melody, Gopalan Sanskriti, Akme Platinum Lakeside, Sattva Melody, Concorde Urban Oasis. The price of the apartments in this area ranges from Rs 50 lakhs to Rs 1.48 crores.
Real estate market in Mysore road is slowly and steadily blooming. Many residential establishments are also coming up from reputed builders. After the metro and the signal free corridor is operational it will also help to boost the real estate market in Mysore Road. The rail project will improve the connectivity which will impact the real estate sector.