Overview of HD Kote Road, Mysore

Location and Access

• Strategically placed in Mysore, HD Kote Road ensures excellent connectivity thanks to its closeness to the Proposed National Highway and the nearing Peripheral Ring Road.
• The area connects well with major routes, including the 260 ft Outer Ring Road (ORR), and has nearby public transport options.

Real Estate Prices and Market Trends

• In HD Kote Road, properties cost about ₹4,695 per square foot. Over the past year, prices have risen by 1.82%.
• Residential plots vary widely in price, averaging ₹69.4 Lac and having a median price of ₹20.3 Lac.

Types of Available Properties

• Residential Plots:
  • Plots are of varying sizes, commonly 1200 sqft like 30 X 40 or 40 X 30.
  • Prices range between ₹20 Lac to ₹49 Lac.
  • Many plots are approved by MUDA and offer views of gardens/parks and major roads.
• Independent Houses:
  • Available for sale and as rentals, featuring modern comforts and nearby amenities.
  • The rent for these homes is around ₹24,000 per month.
• Apartments:
  • Part of several projects, including GSS Herbal Village.
  • The price for these units is approximately ₹4,695 per square foot.

Amenities and Key Infrastructure

• Close by are significant landmarks like the Mysore International School and Purna Chetana Public School. Proximity to hospitals and shopping malls is also excellent.
• Reliable water, electric supply, comprehensive drainage, and seepage management are present.
• Public transport is accessible and Laxmipuram Railway Station is roughly 3 km away.

Investment Opportunities

• With its potential upgrade to a National Highway and the Peripheral Ring Road, the region is set for major growth.
• Jayapura Hobli, where HD Kote Road sits, is projected to become a district headquarters, further boosting the area’s value.

Final Thoughts from PropertyWala

Investing or purchasing property in HD Kote Road, Mysore offers a smart and advantageous option in the real estate market. The place enjoys strategic positioning, better accessibility, and promising development plans which indicate a notable increase in property values. Featuring an array of real estate options, from affordable residential plots to independent houses and apartments, HD Kote Road suits different budgets and needs. Given present cost trends and future area enhancements, HD Kote Road looks like a beneficial and profitable choice for property transactions.