Overview of Pragathi Nagar, Mysore

Location

Pragathi Nagar lies on Hunsur Road, Mysore, Karnataka, India, right near Vijaynagar IVth phase. This spot makes it a prime location for those seeking convenience to various conveniences.

Project Details

Pragathi Group, an established builder with a strong history in property development across Karnataka, has developed this project. Covering a vast area of 110 acres, this development offers residential plots starting from 1200 sqft.

Amenities

This area boasts a variety of amenities, including:

• 24Hrs Electricity Backup
• Covered Car Parking
• Jogging Track
• Play Area
• Pucca Road
• Security Guards
• Street Lights
• Roadside tree planting
• Underground drainage
• Water supply systems
• Effective storm water drainage
• Asphalt roads
• Parks
• Kid's play area

Proximity to Amenities

Pragathi Nagar is conveniently situated close to:

• Schools
• Colleges
• Hospitals
• Supermarkets
• Recreational areas
• Parks
• Businesses such as Infosys and L&T software Tech Park, just 3 kms away from other corporate offices

Pricing

Pricing for plots in Pragathi Nagar generally falls in this range:

• Plot prices range from 7.8 Lakhs to 26 Lakhs.
• Price per sqft varies depending on plot sizes, typically around 1485-1815 for plots of 2400 sqft.

Investment Potential

Historically, investors looking at Pragathi Nagar have seen promising returns, claiming over 100% returns in previous projects. Yet, it is crucial to look at the current market trends before making an investment.

PropertyWala's Conclusion

Pragathi Nagar in Mysore is a compelling investment opportunity for both buyers and investors. The strategic location, vast amenities, and proximity to various essential facilities present a blend of luxury, comfort, and convenience. With a proven history of delivering significant returns, this real estate project is an attractive choice in the region. Nevertheless, staying informed about current market trends and property prices is smart for making a well-informed decision.