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Real Estate Forum on Mysore Real Estate Growth

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi, i am a local resident of Mysore and wanted to ask what is the latest news on the central housing project, to rid the city of slums? Any information would be appreciated!
Latest Answer: I wanted to tell you that MLAs Vasu and Tanveer Sait, mayor R Lingappa, Rajiv Awas Yojana state coordinator Balakrishna Prasad also attended the workshop. This probably hints at a greater government involvement than what we here anticipating.
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Q: Hi guys, how is everyone doing today? I wanted to ask what effect will the new union budget have on the yoga industry of Mysore. Thanks
Latest Answer: I think that Rs 10,000 crore for railways, Rs 14,000 crore for road development, Rs 70,000 crore for infrastructure development and Rs150 crore for IT hubs will boost industrial development indirectly. ALso the association is sore about the increase of customs duty for commercial vehicles from 10 per cent to 40 per cent
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Q: What’s the latest news on the industrial sector in Mysore? Especially any updates about the KIADB land?
Latest Answer: Yes this is definitely a good thing, because most banks and financial institutions would not be ready sponsor any new business for a period of just 30 years. Now the companies don’t have to spend a bunch of money in buying land for their businesses, they can just lease the land and instead invest the money in propagating their business. The good thing is that there are going to be some serious laws incorporated in this allotment scene, which will prohibit the construction of marriage halls or other those kinds of buildings on these grounds.
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