Best localities to invest in Mysore

Q: I would like to invest in a property in Mysore. Which area is the best place to invest in Mysore?

Raveena Javali, Mysore

3rd June 2014

Investment Advice in Mysore

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buying property in mysore

mysore real estate

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The areas mentioned above are areas which are at the higher price range. If you are looking at property which is a little cheaper then, you should buy property in Vijaynagar 4th stage, Bogadi Road, or Hebbal Industrial Area. The property rates in these localities are increasing because of the nearness to the IT and ITES companies. Vijaynagar 4th stage is around 5 kilometres from Infosys, BEML, and is near University of Mysore. You can buy property in this area for Rs. 2500 per sq.ft.

navya shree, Mysore

9th June 2014

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You can also consider other high profitable localities like Saraswathi Puram, Siddharthanagar, Gokulam and Yadavgiri. Property in these areas are currently around Rs. 4500 per sq.ft. These localities are located in the heart of the city and are very close to Mysore Railway Station and Mysore Palace. The prices in these areas have been appreciating for some time. The infrastructure in these areas is very good, with wide roads, and quality water supply.

Savitri Hiremath, Mysore

6th June 2014

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I agree, Kuvempu Nagar and Jayalakshmipuram are some of the best localities in Mysore for investment. Kuvempu Nagar is one of the in-demand areas in Mysore. The area is well connected to other parts of the city by bus, and autorickshaws. There is a lot of development in these two localities, with many commercial buildings, apartments and malls coming up in these areas.

Reshma Nayak, Mysore

5th June 2014

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You have made a good decision to invest in Mysore. Mysore has for sometime been a very good investment option. Ever since the IT companies came to Mysore, realty rates have increased significantly. Mysore which was once a retirement paradise, and tourism destination, is now growing into a centre for IT companies. Infosys and L&T Infotech are two of the big companies that have set shop in Mysore. Kuvempu Nagar is a good place to invest, with property rates between Rs. 2500 and Rs. 4000 per sq.ft. Jayalakshmipuram is another option for you. Here you can buy property at around Rs. 3500 per sq.ft.

manish shetty, Mysore

4th June 2014

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