Tag Archives: investment destination

Project Update – NH 275

Buyers Guide, Mysore, , ,

 

Mysore Madikeri Economic Corridor Expressway Project Update

Project Cost – 3883 Crores (NHAI Project)

Work commencement – June 2022

Total Road length – 93 KM between Mysore to Kushalnagar

Bypasses @ Mysuru City, Bilikere, Hunsur City, Periyapatna & Kushalnagar

As a result of this project, travel time between Bangalore to Madikeri will be reduced from 7 Hours to 3.5 Hours

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Demand of Real Estate Sector in Tier-II Cities

Buyers Guide, Hubli, Mysore, , , ,
Tier II cities has the possibility of yielding maximum return on your real estate investments.  It poses all the basic amenities, better infrastructure and transportation system. Health and educational institutions, corporate and industrial institutions and many more but it still has lots of scope for growth hence increases the demand for residential and commercial properties.
  Most of the Tier II cities has been selected for Smart city project and will shoot up the real estate price once the project gets started.  Expanding number of industries, commercial hubs and new infrastructures have accelerated the demand for more real estate projects.
Selection of several Tier-II cities for smart city has made them a promising real estate investment destination for NRI investors.
  Tier-II cities are not only good for end-users with small pockets but are also great investments considering the potential price appreciation.  The passage of the Real Estate Bill will also play an important role in the protecting the interest of buyers and ushering in more transparency in a sector for opacity.
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Best ROI opportunities for NRI investors in Tier-II cities in Karnataka

Buyers Guide, , , , ,
Mysore holds the best ROI opportunities.
  • Mysore has always been an attractive investment destination due to its rich cultural and historical background.
  • Location benefit of Mysore is another important aspects to look into for any real estate investors as it is just 2-3 hours of travelling distance from Bangalore.
  • Mysore is one of major tourist attractions in India.
  • Mysore well connected transport system throughout the city, efficient power supply and better infrastructure.
  • Leading bio-tech industry in india with excellent infrastructure and research environment for the growth of Bio-Technology industry.
  • The number of IT Companies is ever expanding.
  • Mysore has less traffic when compared to other cities.
  • Best sewage, drainage and solid waste disposal systems in the country.
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