How the Bangalore-Mysore Expressway Changes Real Estate

Posted by

Introduction

Our home is a peaceful sanctuary where comfort and tranquillity are valued above everything else, when we are tucked away amidst the daily grind. NBR Properties ensures that you own that comfortable and luxurious home which will not only be your neighbour’s envy, but it will be your family’s pride. 

Prime Minister Narendra Modi officially inaugurated the Bangalore-Mysore Expressway on March 12, 2023. The demand for apartments in Mysore Road for sale has increased manifold ever since, driven by improved connectivity, infrastructure development, and rising real estate investment opportunities.

The 117 KM Bangalore-Mysore-Expressway is a six-lane, access-controlled roadway that connects Bengaluru with Mysore. It starts in Bengaluru at NICE Road and finishes at Mysore Ring Road. It links important towns like Bidadi, Ramanagara, Mandya, and Srirangapatna along the route.

Connectivity and Development

The expressway has reduced travel time to 75-90 minutes, making it much faster than the old Bangalore Mysore Road. More residential and commercial development has resulted from the Bangalore-Mysore Expressway’s increasing demand for real estate in the neighbouring areas. Builders in Bangalore like NBR Group have lapped up this opportunity and started several projects in the area. 

Nearby towns like Ramanagaram, Channapatna, and Bidadi have seen a sharp rise in property prices since the Bangalore-Mysore Expressway was completed. This is because the improved connectivity to Bangalore has made these areas more appealing for residential and commercial development, which has increased demand for real estate and land values.

Real Estate Growth Along the Expressway

Every nook of your house exudes cosiness and treasured memories, making it a haven of peace and warmth. The air hums with love and familiarity, and the walls embrace you like an old friend. Your ideal haven where troubles dissolve and tranquillity envelops you like a warm hug.

Apartments for sale in Bangalore were always high; however the construction of this expressway increased the demand for the properties even higher. Due to this expressway, even the property prices increased in Mysore. 

Bangalore:

  • KHB Township: In Bengaluru’s southwest, the Karnataka Housing Board (KHB) is constructing a 2,000-acre community.
  • Oraiyan Signature Valley: Villa plots are available close to the BOSCH campus in this BMICAPA-approved development.

Mysore:

  • Kochanahalli Industrial Area: With a cluster for the design and manufacturing of electronics systems, this area is being developed as a high-tech corridor.

Why Investors Should Consider This Area

Apartments in East Bangalore have been selling rapidly due to excellent connectivity, IT hubs, top educational institutions, and modern lifestyle amenities. You should consider this area for the following reasons:

Improved Infrastructure and Connectivity

Travel times have been greatly reduced by the Bangalore-Mysore Expressway, increasing accessibility to important hubs. Rapid urban growth is anticipated in the area due to improved highways, planned metro extensions, and new commercial developments. 

Even the demand for premium apartments in Sarjapur road has increased ever since this expressway was started.

Rising Real Estate Demand 

DPS Bangalore South, Orchids The International School, and Baldwin Co Education Extension High School are some of the prestigious educational institutions in this area which will take the worries of your children’s education off your shoulders. This has given a thrust to the real estate demand near the expressway. 

Property Value Appreciation

Due to rising demand for both residential and commercial real estate, property values have skyrocketed since the inauguration of this expressway. It is a profitable real estate destination because investors may anticipate excellent rental yields and long-term appreciation.

Booming Employment Opportunities

Job opportunities have been created by the expressway’s attraction of IT parks, industries, and business hubs. Strong returns for real estate investors are ensured by this influx, which increases the demand for housing.

Challenges and Things to Consider

  • Traffic management and environmental concerns- Traffic management challenges and environmental concerns have arisen due to the increased vehicular movement and urban expansion along the Bangalore-Mysore Expressway. Increases in the cases of asthma, breathing problems, heart related ailments and more have been reported in that area in the last few years. 
  • Future government plans for expansion- In order to improve connectivity and cut down on travel time, the government intends to upgrade the Bangalore-Mysore Expressway to a 10-lane national highway.

Conclusion

Looking for a home that offers excellent connectivity and strong investment potential? The Bangalore-Mysore Expressway is transforming real estate, and NBR Group is bringing you premium properties in prime locations. Whether you’re looking for a dream home or a smart investment, now is the right time to take action. Call us today to speak with our team and schedule a site visit. Visit our website to explore our latest projects and find the perfect home for you and your family.Don’t miss out on this opportunity, Your ideal home is just a call away!

Leave a Reply

Your email address will not be published.