Best Residential Areas in Mysore To Invest In 2021

Mysore is one of the most desired places to live in India. Investing in Mysore real estate is a safety measure for your future. There are many residential areas in Mysore if you plan to buy house or buy site in Mysore.

Being a Tier-2 city, Mysore is advancing quickly to progress into a Tier-1 city. Unlike many of the bigger cities in India, Mysore has an abundance of sites and properties to offer for those who wish to invest in Mysore. The prices are still affordable than bigger cities that offer nothing extraordinary that Mysore does not. Mysore real estate is ever-growing as it offers multiple advantages to the buyer.

When you are investing in Mysore, you are making a long-term investment that will take off the burden of future planning. If you buy plots or sites in Mysore, you can be assured that you can take your time to decide what to do with it and when.

Mysore is famous for its cultural activities that attract tourists from around the world. The city is also developing fast to turn into an IT hub, the second best in Karnataka after Bangalore, ‘The IT Hub of India’ and is the second fastest-developing city. Many world-renowned corporations have expanded their branches to Mysore, raising the standard of living and better employment opportunities. Mysore is calmer than Bangalore while offering a similar quality of life and at a lower cost of living. It is an old city (the Kingdom of Mysore was formed in 1399) that is always ahead in modernization and is well planned. These are reason enough to explain why living in Mysore is not just a choice but pride. Mysore is also the first city in India to build toilets for the transgender community. Mysore started the first private radio station in 1935. Newspaper publication started in Mysore as early as 1859 and the first newspaper was the Anglo-Kannada weekly ‘Karnataka Prakashika’ published in 1865.

Mysore is a treat to the tourist’s eye with its abundance of heritage buildings including temples and royal palaces. There are also many adventure activities for visitors as well as residents that can easily keep one occupied. The city is located in the foothills of the famous Chamundi Hills. If you’re an entertainment lover, you will be in for an annual treat during Mysore Dasara.

Slowly but steadily, Mysore has even expanded to host many apartments. Independent houses are not the only properties that you can invest in Mysore anymore! This was true just a few years ago, being proof of how quickly Mysore real estate is growing! Living in Mysore has it’s unique set of advantages.

Besides being the cultural capital of Karnataka, Mysore also has multiple full-fledged shopping malls and gyms (both basic and luxury). When it comes to clothing, Mysore is world famous for its silk (Mysore Silk) sarees. The city is also famous for its fragrant sandal soaps made from pure sandalwood oil. The first Mysore Sandal Soap was manufactured by Karnataka Soaps & Detergents Limited in 1916, founded by the then Maharaja Krishna Raja Wadiyar IV M. Visvesvaraya.

Mysore is an education hub and thus great for students too as the cost of living is cheaper and while the weather conditions are good. Mysore is undoubtedly a great place to reside in; there are a few areas that are considered to be top residential areas in Mysore and this is where you must consider making an investment:

Vijayanagar

Vijayanagar is one of the oldest areas in Mysore. The area has many parks for children and recreation. It Is close to Hebbal industrial area that is a host to many industries and IT companies. It is classified into four stages (1st stage, 2nd stage, 3rd stage and 4th stage). Below are some places in Vijaynagar:

• Shri Chamundeshwari Temple, Sri Yoga Narasimha Swamy Temple, Anjaneya Temple

• St. Joseph's Central School, Podar International School, Vikram Nursing School

• Suraksha Dental Clinic, Indira Nursing Home, Apollo Pharmacy

• Tacklesoft Pvt. Ltd., Sapizon Technologies LLP

• Vijayanagar Park

V. V. Mohalla

Vani Vilas Mohalla (commonly known as V.V. Mohalla) is an area that is close to Vijayanagar; it has numerous eateries, supermarkets and even famous temples. Below are some places in V. V. Mohalla:

• Chandramouleshwara Temple, Sri Laxminarasima Swamy Temple

• Vikram Jyoth Hospital, HMHMC Ayurveda Hospital, Railway Hospital

• Corporation Bank, Axis Bank, HDFC Bank

• Pizza Hut, Domino’s Pizza, Pakva Lounge Vegetarian Family Restaurant

Gokulam

Gokulam is purely a residential area. It has many recreational facilities and extracurricular classes that you can join. It has some historic buildings as well as schools that are still functioning with the same high values. Below are some places in Gokulam:

• Sri Ramakrishna Vidyashala (founded in 1953), Maple Bear Canadian Pre-school

• Yogadarshanam Foundation

• Sai Baba Temple, Ganesha Temple

• Nalpak Restaurant, Priyadarshini Café, Domino's Pizza

• Gokulam Park

Siddhartha Layout

Siddhartha Layout is located close to the center of Mysore city. It is closer to malls, eateries and famous educational institutions. Below are some places in Siddhartha Layout:

• Ganapathy Sachidananda School, Princely State Montessori School, EuroKids

• Cauvery Heart Hospital & Multi Speciality Hospital, Fortis Cauvery Heart Hospital

• Sutra Bistro Café

Saraswathipuram

Saraswathipuram is one of the older areas. It is considered a peaceful residential area and hosts many smaller shops. The area also has companies such as renowned call centers. Below are some places in Saraswathipuram:

• Ganapathi Temple, Navagraha Temple

• Darla's Health Care, Agasthya Multi Speciality Hospital

• Rotary West School, Vijaya Vitthala Vidyashala, JSS Sahana Integrated School For Disabled Children

• Ramya Restaurant, Café Coffee Day

Hebbal

Being a hub of IT companies in Mysore, Hebbal is perfect for IT professionals as well as families i.e. it is a residential as well as an industrial neighbourhood. This also explains why it is a high-in-demand locality. There are always new properties turning up for sale in Hebbal, but due to the high demand, this would be the right time to invest in the area. Below are some places in Hebbal:

• Shri Prashantha Ganapati Temple, Sri Chamundeshwari Temple, Anjaneya Temple

• District Hospital Mysore, Pediatric Dentist Mysore, Bharath Cancer Hospital

• KNC INNOVATIVE GLOBAL SCHOOL, Podar International School

• By The Way Restaurant, 1947 restaurant, Rasooi Delite

Ready houses can cost anywhere between 40 lakh rupees to 3 crore rupees depending on the size, area while plots or sites have the low cut-off as less as 6 lakh rupees (rural); the price increases if you wish to buy larger plots or sites and whether you want to buy land in rural or urban Mysore.

The above-mentioned areas are in high demand and thus may be priced higher. Although, the availability of property and plots or sites is still sufficient for someone planning to invest in Mysore real estate. Most of these places will even have catering services that can work for small scale or large scale projects alike. Individuals who live alone can rely on these services if they hardly have time for cooking.

You can pick out from the above depending on the type of property (luxury or basic) or site that you are looking for. However, once you are interested in any plot or site or even property, do not delay advancing your purchase as it may soon be sold to someone else with similar requirements to yours.