Q: Hey I'm from Bangalore and I was thinking about getting a second home in Mysore. I think Vontikoppal seems like it's got a lot of potential. Can anyone tell me what they think about future prospects of this locality?
Firstly people will get emplyed in this area. Because of influx of IT industries in this region. Then this will lead to increase in demand for residential property. So definitely it is good place to invest if it is a long term investment that you're interested in. I wouldn't advise on short term investment.
Investors and real estate players expect a lot from this locality. They feel that good returns will come in due course of time. Right now itself, many infra facilities are there like good schools and hospitals.
Brigade group has actually come up with different apartment projects like Brigade Regal, Brigade Retreat and Brigade Pathway. I think what attracted people to this locality the most was the affordable property prices that range between Rs 4000 to 4500 / sq ft.
Most of the units are 2 to 3 bhk apartments. Demand is fast rising in this area. Some significant projects are Nikitha Meridian, Pratham Apartments and even ecofriendly apartment Damden Prithvi.
I think Vontikoppal has lot of potential. There are vast expanses of land that can be put under many different kinds of developmental activities. Now many residential projects have come up