Yes. So this investment plans and once they are executed will pull in more tourists to the place. Usually this place gathers a lot of foreign crowd so keeping them in mind you could come up with ideas that would gve them a true feeling of the places that they visit. A concept hotel, for example would help.
Karnataka govt. is shelling out 100 crores to improve tourism in Mysore. This could help in improving tourism infrastructure in the district and this proves to be a really profitable investment plan. Especially if you choose to concentrate on commercial investments.
Also you know several banks have thought hard on easing interest rates to spur real estate investments. So I think now would be the time for you to invest in a second home or buy some properties for your children. Areas like Dattagalli, JP Nagar have all been seeing a fair share of new projects and I think it will be great for you to go ahead and buy something there.
If you thought 2014 was a slow, you will be blown away by the developments this year. Housing sector particularly will see a huge influx of cash due to the FDI that Modi government has come up with. Also the reduction of red tape and scrapping some unnecessary formalities has given rise to more interested investors.
Are you looking for returns? You can try Kuvempu Nagar and Srirampura which are two very good places. The guidance value here is in the vicinity of Rs. 2560 per sq. feet. There are luxury villas, apartments and plots here which are promising and will offer you plenty in return. If you think the development is good right now you will have to wait for just a few years and reap the benefits.