Mysore State Highway, Bangalore

About

Overview of Mysore State Highway, Bangalore

Mysore State Highway, or Mysore Road, stands as a notable locality in Bangalore attracting many real estate investors and homebuyers. This is due to its strategic location and growing infrastructure.

Connectivity and Infrastructure

  • Bangalore Mysore Expressway: Recently finished, the Bangalore Mysore Expressway hugely improved the link between Bangalore and Mysore. Travel times have cut from over three hours to just 90 minutes. This road is a six-lane, access-controlled highway with smart traffic systems, toll booths, and service lanes. This enhancement makes it a strong choice for regular commuters.
  • Public Transport: The local buses offer good coverage, and the Bangalore City Junction Railway Station is 15 kilometers away. This setup provides convenience to visit other parts of the city.
  • Road Network: Mysore Road is part of State Highway 17, tying Bangalore with Mysore. It has undergone significant upgrades in recent years, featuring service roads, flyovers, and interchanges.

Real Estate Market

  • Property Prices: The market for Mysore Road spreads from Rs. 3,700 per sq.ft to Rs. 6,100 per sq.ft, making it a market that is very affordable. The average rates hover around Rs. 7,962 per sq.ft, within the range Rs. 4,057 to Rs. 16,666 per sq.ft.
  • Types of Properties: You’ll find different kinds of homes, from apartments to luxury apartments, gated societies, and township projects. The number of apartments surged from around 500 in 2012 to over 6,000 in 2014.
  • Investment Opportunities: Many developers have shown enormous interest due to the better connectivity and infrastructure. This has made Mysore Road attractive for real estate investments. Many buyers from different cities and NRI investors are interested here.

Amenities and Facilities

  • Educational Institutions: There are many schools and colleges, making it convenient for families.
  • Healthcare: The hospitals and medical facilities here are many, boosting the lifestyle for residents.
  • Commercial Spaces: Many shops, supermarkets, schools, and hospitals exist. Investment is growing here due to the growing population.
  • Recreational Spaces: Planned urban centers have a mix of residential, commercial, and leisure areas, crafting communities that are sustainable and self-contained.

Economic and Social Benefits

  • Economic Growth: New connections boost trade, commerce, and tourism, creating more economic activity. There are also many industrial and commercial hubs making this a place of employment and fostering economic growth.
  • Suburban Development: The new expressway has encouraged the spread to towns like Bidadi, Channapatna, and Mandya, avoiding overpopulation in urban centers and encouraging balanced regional growth.

Future Trends

  • Smart Housing Projects: Developers are including eco-friendly and high-tech solutions in their projects to meet modern buyers’ preferences.
  • Commercial Real Estate Growth: The better connections are making Mysore Road popular as an office area, co-working space, and IT park.
  • Expansion of Suburban Living: There’s a trend towards sustainable suburban expansion, focusing on places like Bidadi and Mandya.

PropertyWala's Conclusion

Mysore State Highway, or Mysore Road, in Bangalore offers great chances for both buyers and renters due to its better connections, affordable property rates, and improving infrastructure. Its growth path—led by the Bangalore Mysore Expressway and other advancements—makes it a must for people looking for affordable, convenient, and promising growth. Whether you’re looking for homes, offices, or investment, Mysore Road provides a good option in Bangalore’s real estate market.

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Also known as: Banglore-Mysore Highway, Bangalore-Mysore Highway
Locality ID
A337046111
PinCode
560077