Not Just Karnataka, Mysuru Is The Next Real Estate Hotspot In India!

Not Just Karnataka, Mysuru Is The Next Real Estate Hotspot In India!

Posted On 25-Nov, 2022

In our previous articles, we talked about how Mysuru is poised to be the next biggest thing in Karnataka. Be it the Beyond Bengaluru initiative, the ultra-modern 10 Lane Expressway that connects Mysore and Bangalore, the country’s first and largest semiconductor fabrication plant or the airport runway expansion plan that will enable the Mysuru airport to handle bigger flights - many things are happening in Mysuru.   
 
So, why are we talking about all these things again? Well, some recent developments have ensured that Mysuru is the next real estate hotspot in INDIA! And it is not just us that are saying it, 
 
Here’s an article from Hindustan Times
“Why Karnataka's Mysuru is the next real estate hotspot in India  
The charming city of Mysuru is quickly becoming a real estate hotspot not just in Karnataka but also across the country. Even though Bengaluru is one of the best places to invest in, the city's hectic lifestyle, traffic, and high pollution levels are prompting investors to look for alternatives.”
 
And, one from livemint.com
“Not Bengaluru, this Karnataka's city is the next real estate hotspot in India. Here is why
Mysuru is the second largest city in Karnataka and is popular for its rich heritage, culture and natural beauty. Because of its favourable climate, it is one of the cities in Karnataka that is expanding the quickest. It is on the verge of rapid growth and development in the coming years. The charming city of Mysuru is quickly becoming a real estate hotspot not just in Karnataka but also across the country.”

Not just one or two, many media publications have touted Mysore as the next real estate hotspot in India. 

There are many reasons for this well justified prediction. We list a few here -

  • 10 Lane Expressway will cut down travel time between Mysuru and Bengaluru to just 1.5 hrs.
  • The Film City project has been approved. This will boost the economy of the city & the Tourism sector.
  • Peripheral Ring Road project will provide better connectivity within the city. 
  • Mysuru will get a world-class International Cricket Stadium.
  • The airplane style luxury train, Vande Bharat express now connects Mysuru - Bangalore - Chennai. The train is the fifth in the country and the first in South India.
  • Renowned Kidwai hospital will be set up in Mysuru soon.
  • Airport Runway Expansion will provide better connectivity with bigger flights. This will connect Mysore to far-off places.
  • A 6 Lane Highway will connect Mysuru - Nanjangud.
  • Highways & roads in & around Mysuru are being upgraded. 
  • Mysuru - Chennai Bullet Train project has been launched.
  • Mysuru City Corporation is going to be 'Greater Mysore' (Bruhat Mysuru Mahanagarapalike).
  • The IT Sector is expanding Beyond Bengaluru. Various MNCs now have their campus at Mysuru.
  • Mysuru has India's First & Largest Semiconductor Chip Fab Plant at an investment of ?22900 Crores.
  • A Multimodal Logistics Park is being set up which will boost Industrial Growth.

Conclusion
The price of land in and around has already escalated many-folds - and it is only going to get higher and higher. If you are still thinking about investing in Mysuru, stop thinking and act now. If not now, it will never be. 

Alliance Square has more than 20 years of experience in the real estate industry and offers you the best investment opportunities in Mysuru. We have more than 25000 happy customers so far. You can choose from a wide range of premium DTCP & RERA approved plots in all directions of Mysuru. Alliance Square has well developed, ready-to-register MUDA sites at attractive EMIs available. 
Mysuru is the place to be and the time to invest is now! Invest now in property and ensure your prosperity.