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Real Estate Forum on Mysore Realty Updates

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi, I am interested to know more about any news reports about the maintenance and development of the footpaths in Mysore.



Latest Answer: I can also point out to you that due to the lack of public toilets, people urinate on the footpaths. We are demanding for the setting up of public toilets at prominent places in the city. We are also planning to submit a memorandum to the corporation commissioner about this.
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Q: Hi, I am from Mysore. I would like to know about the progress of the proposed underpass below the runway for Mysuru airport.




Latest Answer: When I enquired about this, I got to know that the expert team from DGCA visited the airport in the second week of February, 2015, carried out a thorough inspection of the highway stretch, airport and runway alignment and have taken the feasibility report to be submitted to their higher authorities.
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Q: Hello, I read that realty prices are going high suddenly in Mysore. Is it true.?
Latest Answer: Rentals in higher level localities like Yadavagiri, Siddhartha Layout, Saraswathipuram among others have reached dizzying heights. They are quoting Rs. 10 thousand to Rs. 25,000 as of now. If you want a full furnished house around here it will easily cost you anywhere in the upwards of Rs. 25,000 and can go upto Rs. 50,000. Now Whatever happened to Mysore being a very friendly city?
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Q: Hi all, I happened to hear some bad reviews about the connectivity issue all over in mysore city. Is this true? I was planning to invest in the real estate of mysore. Will it affect the real estate of this place. Is there any possible improvement for this issue?


Latest Answer: but, the city has a very good climate that is very good for people to live in. So, as a place for investment for residential purposes, it is a good location. It is very close to Bangalore, but inspite of this, it does not have a good connectivity to this place. I think that the by introducing that express highway as well as introducing fast moving direct trains can do wonders.
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Q: Hey guys, I heard that Mysore is also in the list of cities chosen to become smart cities. Is it true? Are there any issues regarding this? plz give some informative details about this news?




Latest Answer: i gotta know that the IT companies which are looking for a cheap, but effective platform are taking interest in taking up the project under public private partnership. If this happens, then there is a great scope for investment in the mysore city area. The greatest advantage would be for real estate. There would be lot of apartment projects in the area that was once filled with indivual houses.
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Q: hello friends, there has been much development of the private housing layouts in and around mysore. but is there any plans to provide the basic amenities in these places?





Latest Answer: This is really a great initiative as it would lead to more people buying the land there. The real estate business of these layouts will also rise when such basic amenities like the water, electricity and roads are provided. But misappropriation of funds should be avoided as it happened under the JNNURM last time. Dustbins costing Rs. 5 crores were distributed to nearly 1.30 lakh households in the city for segregation of waste. There was huge corruption in this.
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Q: Hello guys, I happened to hear that the works of the Outer Ring Road project of Mysore is not going smooth. Can anyone tell me what is the reason for this? What are its inplications on the development of the area as well as the real estate of the Mysore?


Latest Answer: I think the work for ORR was started over a decade ago. Most part of the road is ready. It was recently that the urban body is building the 9.33 km of the ORR. Now this ORR loop cannot be completed without building the 800 metre stretch. MUDA requires the land urgently to take up the preliminary works before building the roads. But, i think the APMC has promised to get the necessary clearance done within March 2015.
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Q: Hi there, I wanted to know the issue related to the price of housing in mysore. Is there any news about this problem relating to the escalating price of housing? Can anyone give some info?







Latest Answer: I gotta know that the Floor Area Ratio for Mysore is pegged at between 1.25 to 1.50. This is lot lesser than that the FAR of Mangaluru which is 2.5 to 3. The stakeholders have approached the Mysore Urban Development Authority and the state government to increase this ratio. but I think there has not been a measure in this direction.
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Q: guys, can I know more about the problem of sand smuggling that is often happening in Mysore?




Latest Answer: these officials are receiving more than 5 crores on a monthly basis. Only the higher authorities can be able to stop this. This illegal mining is degrading the face of mysore. The sand mining is having huge environmental impacts on the region, especially of the water source.
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Q: Hey friends, i came to know that mysore which was once known for its individual row of houses is now turning to multi-storied building. Does anyone have any information about this. Please share it with me.









Latest Answer: now, there is a shift in the view of the new project too. builders have realized now that those who buy apartments are mostly locals itself. They prefer ready-to-occupy flats rather than investing and paying advance for newly launched projects. this is because many investors were cheated here during the 2008 to 2012 period when there was downward trend in the real estate industry in mysore.
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