Confederation of the Real Estate Developers’ Associations of India (CREDAI)
The Perfect Fusion of Urban Lifestyle and Rich Heritage
A cosmopolitan city with an illustrious and glorious feudal past that people cherish to date, Mysuru has time and again proven to be one of the most sought-after cities to seek refuge for people. The prolific culture and regional specific traditions in this city are unlike any other, and bountifully contribute to making this city a class apart from the others across the globe.
The ‘City of Palaces’ is Glorious for a Reason!
Mysore has historic significance with rich culture and heritage. The tier-2 city is growing rapidly being India’s one of the most famous tourist destination. Mysore real estate market price is increasing drastically and is said to reach sky heights in the near future thanks to rapid developments across the city with respect to infrastructure. Widely referred to as the ‘Heritage City of India’, Mysuru is becoming the ‘start-up capital’ for minds brimming with creative ideas. According to recent settlers, the city has been deemed as ‘the best place to live in’ for residents who love the city and everything it offers. Apparently, there is something about this city, a magical attraction, which pulls everyone towards it. Coupled with pollution-free environment and traffic-free roads, Mysuru can most definitely be called as ‘paradise on Earth’.
Ever Growing Demand for Mysuru Real Estate
The year 2017 was exceptionally good as Mysuru emerged to become one of the stable performers in Real Estate during this year beating major cities like Bengaluru, Mumbai, Hyderabad and Pune. Apart from existing global leaders setting up base here, companies like Airbus BizLab and Visa are planning to join the club. While Airbus plans to bring together start-ups, Visa’s new office will be home to over 1000 developers, making Mysuru a more desirable IT hub than ever. Innovation and technology is in abundance with some of the leading global research centers and institutes. Such developments have created a dearth for employment opportunities and the same might cause a steady inflow of migrants to this city. Accordingly, more inflow of people lead to housing demands which will significantly boost the real estate sector in the city. Nonetheless, it’s worthy to invest in Mysore real estate as it is likely to bring golden returns.