Mysuru The New Destination for Affordable Living

As Bengaluru grapples with surging property prices, relentless traffic, and urban challenges, a quiet revolution is taking shape in Mysuru. With improved connectivity through the Bengaluru-Mysuru Expressway and NICE Road, Mysuru is becoming a sought-after destination for IT professionals and families seeking a better quality of life. This shift is driven by Mysuru’s blend of affordability, serenity, and accessibility, making it an ideal alternative for urban living. Commutes from Mysuru to Bengaluru are now often quicker than intra-city travel within Bengaluru, attracting a growing number of urban migrants.

Bengaluru, renowned as India’s Silicon Valley, faces significant infrastructural challenges, losing an estimated ₹19,725 crore annually due to traffic woes. Contrastingly, Mysuru, Karnataka’s second-largest IT hub, offers planned urbanisation and houses industry leaders like Infosys and Wipro. This balance of professional opportunity and liveability is driving a real estate boom. Recent data indicates a 53% rise in Mysuru’s housing prices, underscoring its growing allure. Moreover, with a significantly lower cost of living than Bengaluru, Mysuru offers residents affordable housing, reduced pollution, and a less congested environment.

Connectivity has been a game changer for Mysuru’s real estate market. The 119-km Bengaluru-Mysuru Expressway has cut travel time to two hours, while metro extensions in Bengaluru further simplify commutes for professionals. Testimonials from residents reveal how this improved connectivity has eased their work-life balance. Developers, recognising the demand, are focusing on plotted developments that offer buyers flexibility and value for money, catering to both end-users and investors seeking high returns.

Sustainability remains a focal point in Mysuru’s growth story. The city’s emphasis on green urban planning, low pollution, and sustainable real estate practices has attracted environmentally conscious homebuyers. Mysuru’s transformation is a testament to the potential of well-planned development. As Bengaluru contends with its growing pains, Mysuru is poised to redefine urban living with a harmonious blend of accessibility, affordability, and sustainability.

MMR Today

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