Bengaluru- Mysuru expressway pushes up the demand for real estate in Mysuru
The reduced travel time has encouraged many IT professionals to opt for a home in Mysuru. With flexible work options available, more and more people are looking out for a property in Mysuru.
April 6, 2024
Apart from helping people cruise at comfortable speeds to Mysuru, The 10 lane highway has had its impact on the cultural capital of Karnataka in a much bigger way, the demand for real estate in Mysuru is growing and buyers are in a rush to book their favorite properties. Be it a swanky apartment in a posh locality in the heart of the city or a plot in the outskirts of the city, the demand for each of them has been mercurial after the opening of the 10-lane expressway, Not only Mysore, this road has contributed to the growth of many businesses in cities like Mandya, Channapatna, Ramnagara, etc. The demand for real estate has also shot up in these towns as well.
People are weighing their options according to their convenience, For ex; an IT professional who has flexible working options can easily travel to Bangalore in any part of the week and still enjoy a quiet life in Mysore for the rest of the days, according to the real estate agencies, many people are opting for Mysuru for their Families and kids, they add, especially after COVID, people are prioritising a quiet life, so the next best city which offers not only world-class living but also promises safety wins the bet.
As per the grapevine in the real estate industry, the highest number of new buyers in Mysuru are from Bengaluru, it`s a known fact that Mysuru is a well-equipped city which is famous for good schools, colleges, hospitals and specially for wide roads, the city is always appreciated for its planning, People traveling from any part of the country will not be able to miss this experience, with Bengaluru almost reaching the threshold for numerous reasons, people are now opting a home in Mysuru for living.
Conclusion;
The reduced travel time has encouraged many IT professionals to opt for a home in Mysuru. With flexible work options available, more and more people are looking out for a property in Mysuru. Whether it`s a plot or a 2 BHK/3 BHK apartment, a buyer has a lot of options to choose from. On the other side, the areas that were considered affordable are now witnessing a surge in demand, this has both positive and negative effects on the local population, while existing owners make huge profits on the appreciation of the assets, it is turning out to be a challenge for the first time buyers or people with limited budgets to afford a property. Overall, it`s healthy growth for a city, recognizing this opportunity, some of the reputed builders have started building homes that encourage community living, clubbed with world-class amenities, they believe to offer the best for people who trust them to deliver their dream homes. The idea of a home to anybody is - world-class amenities, affordable, safety, convenience, and a serene atmosphere to live in, and Mysuru has become an ideal location that offers nothing but the best.