Overview of Bannur Road Area, Mysore

Location and Connectivity

• Bannur Road lies on the outskirts of Mysore yet provides easy access to city amenities and major places.
• It is conveniently linked to Bengaluru and just six km away from the city center, ensuring good connectivity.

Real Estate Market

• Bannur Road has become a crucial area in real estate, holding much potential for future growth.
• The property market includes flats, plots, and independent houses, priced from affordable to high-end ranges.

Types of Properties Available

Plots

• Plots are sold at varying price points, starting from ₹22 Lac to ₹1.77 Cr, depending on size and location.
• Sizes range from 1200 sq. ft. up to 6686 sq. ft., with various dimensions.
• Many are MUDA approved and allow for multiple floors to be constructed, up to 5 floors in some places.

Independent Houses/Villas

• These range from 2 BHK to 3 BHK configurations, priced between ₹54.6 Lac to ₹1.45 Cr.
• Situated in prime spots like Green Park Layout and Alliance Serene, these houses are close to schools and other amenities.

Amenities

• Bannur Road's residential areas feature modern amenities, such as a reliable water supply, electric connections, landscaped parks, efficient drainage, and asphalt roads.
• There is easy access to educational institutions, medical facilities, and essential services.

Investment Potential

• Bannur Road is top of the list for residential property investment in Mysore because of its high ROI potential.
• The area's growth is fueled by its connectivity to major cities like Bengaluru and its developing infrastructure.

Pros and Cons

Pros

• Strategic Location: Well-linked to key cities and within Mysore city.
• Educational Institutions: Abundant reputed schools are nearby.
• Modern Amenities: Many layouts offer modern amenities meeting MUDA standards.
• Investment Potential: High ROI due to quick development.

Cons

• Price Variation: Prices fluctuate widely based on location and property type.
• Suburban Location: It’s still suburban, which may not appeal to everyone.

PropertyWala's Conclusion

Bannur Road offers an attractive choice for homebuyers and real estate investors. Its strategic setting, proximity to educational and medical services, and modern amenities make it compelling. With diverse property types and prices to suit all budgets, it stands out for future growth and excellent ROI. It is a wise investment in Mysore's real estate market.