Investment opportunities in Mysore

Q: Hello all, I am residing in Bangalore, but I want to buy an apartment in Mysore as an investment and rent it out. Which area should I look for, that will give me maximum returns?

Savitri Hiremath, Mysore

16th June 2014

Investment Advice in Mysore

places to invest in mysore

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Well if you ask me, Chamarajapuram and Nazarbad are really good localities to invest in, and you will get rewarding returns guaranteed. If you can shell out more money, then I would recommend that you look for an apartment in areas like Kuvempunagar and Mysore City. The selling prices are a bit more at an average of 3300 rupees per sq. ft., but you will also get great deals on rent returns. In case you want to take a look at buying and renting out individual houses, then you might want to search in areas like Gokulam.

H. P. Ramesh, Mysore

21st June 2014

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Hey if you are looking to buy an apartment and rent it out, then places like Siddartha Nagar and Kalidasa road are really good. Of course, it will cost you an arm and a leg to invest in any substantial apartment or house there, but the returns will also be really good and worth the money you spend. Take Kalidasa road for instance, if you were to buy a 3000 sq. ft. apartment, you can easily demand a monthly rent of around 55,000 to 60,000 rupees, which is quite a lot. You can also take a look at places like Yadavagiri and Vijayanagar.

Ranjitha srikumar, Mysore

19th June 2014

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