surprising Bangalore 2 & 3 BHK Apartments options

Posted by Prestige Project
5
Jul 17, 2015
114 Views

The prices for properties in Bangalore seem to be constantly inching upwards. If one you are one of those who is looking to purchase a property in Bangalore but cannot afford the asking price there, Mysore might just be the ideal option for you. This tiny city is located not too far away from Bangalore and the going rate for properties for sale in Mysore is not as high as those in Bangalore. prestige Lakeside Habitat Mysore is located at a distance of about 146 kilometers from Bangalore city. The city is a popular tourist destination and is much cleaner and greener than Bangalore. It is located in the foothills of the Chamundi Hills and is considered to be the third largest city in the state of Karnataka.

Though tourism is the main stay of the economy here, there are other industries here as well. The Information Technology and Information Technology Enable Services sectors have as well as been contributing to the economy of this city. So much so that this small city comes in second only after Bangalore as far as software exports are concerned. IT giants such as Infosys and Wipro have their presence here.

The real estate sector in Tier II cities is booming. The government is increasingly focusing on this tier II cities so as to bring them up to par with tier I cities. This is true of Mysore as well. Mysore is considered as a hub for second homes and vacation homes. It is as well as considered to be an ideal alternative for those who are looking for retirement homes. The city has the ideal infrastructure and climate to attract those who are looking for a home to live out their golden years in. Mysore has good health care system in place which is what most retirees look out for. The city is well connected through a series of roads. The National Highway 212 and State Highways 17, 33 and 88 take care of the road connectivity for this city. Mysore is well connected to cities in Karnataka, Kerala and Tamil Nadu.

Purchasers are mostly willing to spend under INR 2000 per square feet on properties for sale in Mysore. This is followed by the INR 4001 to 4500 per square feet range. The most preferred configuration for apartments in Mysore is two BHKs followed by three BHKs. prestige Lakeside Habitat Bangalore Small sized units seems to the ideal preference for property seekers in Mysore. The most in demand unit size for apartments in Mysore falls in the under 500 square feet range. This is followed by the more spacious 1001 to 1250 square feet range. Purchasers are willing to spend anywhere between INR 10 to 20 lakes on Properties for sale in Mysore. This is followed by the INR 30 to 40 lakes range.  Mysore is as well as a strong contender as far as NRI investment is concerned. Bangaloreans who are looking for a second home as well as prefer Mysore as an ideal alternative. With so many factors in its favor, real estate in Mysore will only go upwards.

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