Overview of Srirampura, Mysore

Srirampura, a locality in Mysore, is a rising hub for real estate that provides both residential homes and good investment chances. Check out what this area can offer.

Property Prices and Trends

• Residential Properties: The average cost per square foot in Srirampura, particularly in the 2nd Stage, is about ₹6,472, starting from ₹5,500 per square foot. This zone has experienced an impressive increase of 34.66% each year in property prices, signaling a beneficial period for both buying and selling.
• Plots and Land: You'll find residential plots here with prices spanning from ₹72.5 Lac to ₹1.12 Cr. Most of these plots come with approvals from the Mysore Urban Development Authority (MUDA) and have the chance for multi-floor construction.

Amenities and Infrastructure

• Connectivity: Srirampura is easily reachable to main parts of Mysore with the railway station, bus stands, and major routes like the Srirampura Ring Road making it easy for commuting.
• Educational Institutions: It's near many schools and colleges, especially Christ College, which is great for families.
• Healthcare and Other Amenities: It’s also packed with hospitals, parks, markets, and other key facilities, making it a pretty complete locality.

Varieties of Properties on Offer

• Independent Houses: You'll find houses with options such as 2 BHK and 3 BHK, often semi-furnished or unfurnished. These properties also feature rooms for puja, car sheds, and gardens.
• Residential Plots: Available in different sizes for building multi-floor homes. Many are approved by MUDA and perfect for construction.
• Rentals: Renting options include separate houses and apartments. These come with power backup, reserved parking, and community features like pools and gyms.

Investment Opportunities

• Growth Trends: Property rates are going up every year in this area, so it’s a smart pick for those who want long-term gains.
• Development: MUDA-approved plots and active constructions show that the area is developing faster, potentially raising property values even more.

PropertyWala’s Summary

Srirampura, Mysore, serves as a strong choice for buyers and investors alike. Its strategic spot, rising property rates, and plenty of amenities combine to offer comfort, ease, and good chances for investment. Whether you want a place to buy or rent, this area with its broad choices and promising market outlook is worth looking into.