Hey, not just Bangalore, the BMIC will help the real estate scene in Mysore as well. Mysore is not as big a city as Bangalore, and the real estate in Mysore is most likely to develop around the city. The townships under the BMIC project will lead to a growth of interest in real estate on the outskirts of the city. So people looking to buy a peaceful retirement home would want to invest in the townships springing up on this corridor as well as on the National Highways connecting Mysore with other major cities of South India.
Hey, the Bangalore-Mysore Infrastructure Corridor project consists of many different mini projects. There are plans for a series of integrated townships to be developed in this area. There will be a definite rush for investing in these properties as real estate in Bangalore is rather saturated. People who are hoping to move out of the hustle of the big city would definitely want to consider the townships being constructed under the BMIC project. I think this project will definitely help the real estate scene a lot.
The Bangalore-Mysore Infrastructure Corridor project will definitely improve the real estate market in and around Mysore. This project will include the construction of a 4-lane expressway for better connectivity between Bangalore and Mysore. So I think people will want to invest in property in Mysore more once it is better connected with a major city like Bangalore.
Real estate prices in Bangalore are high now. So if you want to invest in property around this part of the country, then you might consider investing in Mysore.