Overview of Sriramapura, Mysore

Location and Connectivity

• Sriramapura, located in Mysore, Karnataka, stands out for its strategic positioning and connectivity.
• It is nearby key sites such as the central railway station, bus stops, hospitals, schools, and markets.

Property Prices and Trends

• Properties in Sriramapura’s 2nd Stage typically run around Rs. 5,500 per sqft. However, exact prices change with location and property type.
• In the last year, there's been a drop of 22.16% in property rates. Therefore, now could be a buyer’s market.

Types of Properties Available

• Residential Plots:

  • Plots sized 30x40, 40x60, and 50x80 are available, with prices that vary widely from several lakhs to crores based on size and location.
  • We also find MUDA approved plots ready for building, with clear papers and no agent fees.

• Independent Houses:

  • These houses span from 2 BHK to 4 BHK and cover areas from 900 sqft to 2400 sqft.
  • Prices range from Rs. 1 crore to Rs. 1.65 crore plus, based on size, amenities, and location.

• Rental Properties:

  • Rentals feature 2 BHK and 3 BHK houses, with monthly rents from ₹13,000 to ₹24,000.
  • These often have perks like private bathrooms, garages, gardens, and easy access to crucial services.

Amenities and Infrastructure

• Educational Institutions: Easy reach to schools and colleges, like ST ROSSELLO'S CENTRAL SCHOOL.
• Healthcare: Close access to hospitals and medical services, including Mysuru Gastro care Dr Ramakrishna.
• Transportation: Good access to bus stops, railway stations, and the ring road for hassle-free travel.
• Other Amenities: Close to markets, parks, and important facilities, providing a good living situation.

Investment Potential

• Sriramapura is viewed as a top locality with great investment potential due to its strategic location and increasing demand.
• The area is seeing growth with new buildings, commercial spaces, and residential plots, attracting both investors and everyday users.

PropertyWala's Conclusion

Sriramapura, Mysore, delivers a mix of residential and investment choices that are good for many people looking to buy or rent properties. The strong connectivity, nearby services, and diverse property options serve different needs and budgets. Yet, prices have dipped recently, suggesting now might be a good time to explore this area. For real estate decisions, thorough research and on-site visits are always best for wise choices.