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Real Estate Forum on Real Estate In Mysore

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hello friends, i came across an article which said that the Floor Area ratio is going to increase in Mysore. Is it true?
Latest Answer: Hey, well the rising property prices in Mysore have been a cause for worry for a long time now, and one of the factors leading to this rise was the low FAR. Realising that the middle class men won't be able to afford such high property prices, builders and other stakeholders have raised an issue to increase the FAR. Fingers crossed the authorities take a positive decision. :)
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Q: Hi, I would like to know about the Hill View Villas in Srinagara as i am planning to buy an independant house for me and my family. Can some one please give me the details of this project and other details? Thanks!

Latest Answer: The hill View villas really do look promising. They are very well laid out plans and are quite spacious. They come semi furnished too! And they offer many facilities as mentioned, But the possession of these apartments has not started. It apparently starts from April of 2015.
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Q: How is the Mittal Pride apartment? Is it too far from the centre of the city?
Latest Answer: Arey! There are also some good amenities in this project. You will get 24 hour backup, intercom facility, gym, club house, swimming pool, community hall, indoor sports, ATM, and garden. The apartments are spacious, with the 2BHK apartment having an area between 1100 and 1200 sq. ft. and the 3BHK's size is between 1450 sq. ft. and 1575 sq. ft. The project is a RCC framed structure, and ceramic tiles have been used in most of the apartment. You should surely consider buying an apartment in Mittal Pride and not worry about the little distance between the heart of the city and this project.
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Q: Will it be wise to invest in the MV Ecosphere project in Mysore?
Latest Answer: The price of the MV Ecosphere apartments is Rs 750 per sq. ft., and you can buy a 40X60 sq. ft. plot for Rs. 18 lakhs, 30X40 sq. ft. plot for Rs. 9 lakhs, and a 40X45 sq. ft. plot for Rs. 13.50 lakhs. If this project does not suit your taste, there are other projects on Bannur road such as GSS Nitya, Vyasti Euphoria, and GSS Kapila.
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Q: I want to buy a villa in Mysore. My range is within 75 lac rs. I heard about the G9 Rathna project and was thinking of investing in it. Is that a good idea? I need some more information regarding that project.
Latest Answer: Hey, the G9 Rathna villas are available for sale right now. All these villas are two-storied and they have 2 and 3 BHKs. The ground floor of these villas has the master bedroom, with an attached bathroom, the kitchen, the living room and the dining room. The first floor has the other bedrooms, (one or two), with attached bathrooms, a family lounge, and a terrace and a sit-out area. You can get more details on this project from this link http://www.commonfloor.com/g9-rathna-mysore/povp-xgu5i2.
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Q: How is the water supply in Gundu Rao Nagar?
Latest Answer: Yeah, the Jawaharlal Nehru National Urban Renewal Mission has been implemented for areas at the foot of the Chamundi Hills. I think Gundu Rao Nagar is entirely covered by this scheme, so there won’t be any water shortage. I have aready heard some residents of this area saying that the water supply to their homes has improved drastically within a matter of days, after the implementation of this scheme. You don’t need to worry if you’ll be living in this area, but in case you are moving into some other part of Mysore, then I must warn you to be prepared for frequent water shortages.
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Q: Can anyone tell me what are the key residential localities near Infosys?
Latest Answer: The best residential area near the Infosys training centre is Vijayanagar. It’s only 5km away from Infosys and has all the amenities required for a residential area. You will find plenty of apartments or villas here. The average square foot selling price of the apartments here is Rs 3000. Gokulam is another residential area close to Infosys. The apartment rates are a bit on the higher side, around Rs 4000/sq. ft. This place is one of the oldest residential areas in Mysore and has excellent water supply facilities. You will get banks, ATMs, schools, supermarkets, malls, bus stand, and so on, within this area itself.
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Q: What is the per square foot price for villas in Yesh Mega City?
Latest Answer: Hey, the square foot price differs according to the area of the villas at Yesh Megacity. If the area goes up, then the square foot prices drop. So the 2BHKs have the highest price. The 3BHKs come in different areas, from 1446 sq. ft. to 1759 sq. ft. and their cost per square foot is Rs. 1850 to Rs 2050. The square foot price of the 2580 sq. ft. big 4BHK is Rs 2100, while that of the huge 4580 sq. ft. 5 BHK apartments is Rs 2000.
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Q: How is the demand for residential properties and land in Mysore?
Latest Answer: The second home market, which was on a rise before the slump in the market, has gained momentum once again amongst buyers in Bangalore. This has alternatively pushed real estate development in neighbouring Mysore.
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Q: How is the road and rail connectivity from Bangalore to Mysore?
Latest Answer: The state government is thinking to upgrade Bangalore-Kanakapura-Malavalli Road to four lane to cut down pressure on Bangalore-Mysore Expressway and to have an alternate route to link Mysore to Bangalore via Malavalli. The road from Mysore to Malavalli via Bannur is proposed to be developed too as part of the comprehensive plan which includes doubling of Mysore-Bangalore railway line, a project that is expected to be completed in two years.
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