Last Modified: 22 Feb 2019  |  Finance and Investments

Mysore Road might have once been a mostly agricultural stretch of land, but today, it has transformed into one of the most rapidly developing infrastructural hubs in Bengaluru. This area encompasses a vast expanse of land, running from the Kengeri-NICE Road junction to Bangalore Central. In recent years, it has risen to prominence due to investments from major companies, which have acted as a catalyst for its growth. Because of these developments, Mysore Road has become one of the most promising locations for real estate investments in Bengaluru’s growing market. If you are looking at making a real estate investment, here is why Mysore Road should be at the top of your list.

Easy and convenient accessibility

Residents of Mysore Road can be assured of a fast and hassle-free commute to other key areas of the city. Major arterial roads such as Tank Bund Road, Outer Ring Road and NICE Ring Road cut through the Mysore Road area. These wide roads ensure that those living in this locality can enjoy a smooth drive, free from traffic congestion. The connectivity of Mysore Road will only improve in the future with the introduction of the metro. The Purple Line of the Namma Metro project (Phase I) will run from Mysore Road to Baiyyappanahalli, providing residents with a quick and economical way of travelling to various localities in Bengaluru. Additionally, the suburban railway system also runs next to Mysore Road, with prominent stations located in Nayandahalli and Kengeri.

Presence of large companies

The steady influx of investments from the private sector is one of the biggest reasons for Mysore Road’s transformation into a thriving suburb within the investor’s paradise of Bengaluru. Global Tech Village is a massive IT and software park located off Mysore Road. It is home to MNCs such as Accenture, Mphasis, Hinduja Global Solutions, Mindtree and Crompton Greaves. The presence of these companies has led to exciting career opportunities and has sparked further development in the region. With improvements in connectivity and surrounding infrastructure, the commercial potential of Mysore Road is likely to increase even further.

Exciting entertainment options

Mysore Road’s social infrastructure has been improving by leaps and bounds and is now comparable to any other commercial locality in Bengaluru. Families can spend many happy weekends shopping in malls like Gopalan Legacy Mall and Gopalan Arcade Mall or catching the latest blockbuster at Gopalan Cinemas and Vijay Theatre. There are also a number of well-stocked departmental stores and retail stores dotting the area. For those looking for a quick weekend getaway, Wonderla Amusement Park is only a short drive away. With so many unique recreational opportunities, families can be certain that they will never face a dull moment when living here.

Quality social infrastructure

Apart from the huge number of entertainment options, Mysore Road also has vital facilities like world-class hospitals and prestigious schools in the vicinity. Some of the best hospitals in the city such as Brookefield Hospital, Victoria Hospital and Indus Westside Hospital offer state-of-the-art medical care for residents of Mysore Road. Schools like Orchids International School and Tattva Pearson School ensure your children receive a well-rounded education and enjoy the best start in life. The presence of these important facilities has made considerable improvements to the quality of life of those living in Mysore Road.

High appreciation on investment

For those looking to capitalise on Mysore Road’s burgeoning investment potential, there is no shortage of excellent options. Upcoming infrastructure and the future projects in the area are fuelling further development, which will provide high appreciation to investors over the years. Additionally, large companies and industries have also set up centres here, playing a huge role in boosting the real estate market of Mysore and the surrounding localities. This has also contributed to the growing value in property prices around the area.

All of these factors have combined to make Mysore Road one of the most promising real estate investment destinations in the city. If you are looking to reap all the benefits that this locality has to offer, don’t forget to check out Shriram Westwoods and  Shriram Earth, an exclusive collection of plotted developments located off Mysore Road by Shriram Properties.

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