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December 27, 2005

House which I bought in Mysore

This is the house which I recently bought in Jayalakshmipuram, Mysore.

Its an old house & not very modern. I bought it mainly for its location (its one of the best locations in Mysore) & the site dimension (80 feet x 40 feet ). If I happen to shift my base to Mysore in future (might be in another 10 years) I will either do some alteration work on this house or build a new house on this site.

My house is located very near (less than 1 KM towards North West) to the famous Kukkarahalli Lake of Mysore. Click here to see Kukkarahalli Lake on Google EarthKukkarahalli_Lake_Mysore.kmz

I would any time prefer to live in a house which is independent & has got good space for gardening than to apartments. People from other cities(esp. from Bangalore) appreciate houses in Mysore because they have lot of space for gardening. (This is an old house having gardening space in the back of the house unlike the modern houses which have garden in front of the house).

I decided to put my money into real estate first before buying a car because I felt that ‘earlier I put my money into real estate better is the property which I get’ which is quite the opposite when it comes to cars. India is a country of one billion people (which is increasing every moment). Over a period of time most of the population in India is becoming urban. So it is becoming more and more difficult to create living space for all these people in urban areas. Land cannot be manufactured unlike cars or mobile phones. India is one of the fastest growing economies in the world & the salary levels in India is rising everyday. Now there are lots of Indians who travel abroad for work. So, now (& more in future) there are lots and lots of Indians having lots and lots of money and living space is something which everybody needs. You guessed it right…now the property prices in India have started to move towards the sky. I did some more research on real estate. Japan is a country having similar population density as India. But, the per capita income of Japan is very high (Japan’s per capita income is $37,180 where as for India it is $620, its incomparable!). Because of this the real estate value of Tokyo city is higher than the real estate value of entire United States! (US has less population density). This should tell you where the property prices of urban areas of India is moving towards!

And why did I decide to buy property in Mysore than in Bangalore?
One reason would be that Mysore is my home town. The property prices in Bangalore are so high that I cannot afford to buy a good spacious apartment (can’t even think of buying independent house ) in Bangalore. Mysore has very less traffic, has cleaner air & is better planned than Bangalore. Mysore has got all the facilities which are needed for a luxurious life. Mysore has swimming pools, race course, zoo, good schools & colleges, sports clubs, good restaurants. Remember Mysore is a city where Maharajas lived. Cauvery river, forests & hills are very near to Mysore because of which there are lots and lots of weekend destinations near Mysore unlike Bangalore. Now-a-days lots of IT companies are opening centers in Mysore & I don’t think that it should be difficult for me to find a good job in Mysore few years down the lane. After the express highway between Mysore and Bangalore gets completed, I don’t think I could have afforded to buy this kind of property in Mysore!

PS: Property prices in Mysore are zooming at a crazy pace. If I sell my house now, I can make a handsome profit :-)

Filed under Mysore by Shesh.
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Comments

December 28, 2005

Arjun said:

Congrats Man! Thats great!

January 4, 2006

Raghu said:

dude, ur article will attract more investors and make mysore more crowded.Thanks to infosys, mysore is already becoming mini bangalore, which i hate to my core.
BTW the article is good

January 5, 2006

Ravi said:

Hi dude…
congrats for that beautiful house…

August 31, 2006

Praveen Baliga said:

Dude lovely spacious house u have bought! congrats anyway. Try getting an house 4 me too :-)

March 10, 2007

pradeep said:

hi dude,
you have really choosen a place where you get peace of life,we are planning to develop lay out(residential)and villa’s ,if you have any contact who want to invest in mysore,please do forward the requirements.
regds
pradeep

April 5, 2007

Manjunath said:

Hi Pradeep,

I am interested to relocate to mysore. Let me know, the property you are developing and the prices.

Thanks
>> Manjunath

April 13, 2007

suhasini helena schroder said:

Hello,
I just came back of two month Mysore.Wrote one page for Star of Mysore about the dirt in the city,what is a terribell pity. Nice house,looking for investment,can you give me some tips and houses what is for sale

Suhasini helena schroder from France. Happy to hear from you……

May 2, 2007

Sushant Deb said:

Gentleman:
Looking for a house in Mysore; not big not small; between 2000 - 2500 sq.ft; preferably one story;with some natural beauty close by; in a nice safe area.
Can you please suggest a reliable real estate broker in Mysore?

Thank you,
Sushant Deb

May 6, 2007

Prashanth said:

Pls do visit the site you will find what are looking for?

Tnx
Prashanth
Mysore

Prashanth said:

Propertiesinmysore.com is the first and only comprehensive Real Estate Portal from the city of Palaces – Mysore

June 16, 2007

pushpa said:

HI
I am looking for villas in mysore…Pl let me know if any one has any idea.
U must have guessed right down the line we want to settle in Mysore

July 17, 2007

r.c.acharya said:

Price of the house which you bought ? Can I meet you in Mysore if you are there ? Please call on 9868-126-360 or 9480453438.

Anygated communites in or near mysroe the likes of Paslm Meadows or Prstige Ozone in Whitefield !

R.C.Acharya

July 18, 2007

jay said:

nice looking house. just hoped you got a wider picture of it like seeing what’s around it as well. but the house itself and the area? its cool!

August 8, 2007

Pushpa said:

Pradeep -
Let me know about the Villa u r developing I will for sure need one

November 14, 2007

A.R.Hegde said:

The article is excellent and glossy. The place you purchased house is in very good locality. However the real estate business in mysore already started declining. There are lot of properties for sale where as no buyers in reality. The extentions developed by MUDA during 1990’s does not have enough houses even after 15 years. Only god knows about the new extensions. It is better to be causiuos before investing in ii tier cities like mysore where the real estate is hyped from reality.

Any way all the best

November 28, 2007

nirmalshiva said:

It is really nice that mysore is sheding its nikname calld slleping city and developing very fast. I also got a 50 * 80 site at mysore through propertiesinmysore.com. Really these people have large datebase of mysore properties and doing great job professionally. i really apparciate there professionalism.
I can confidently suggest this wedsite to my friends who are staying outside india…

December 4, 2007

amar said:

Mysore born Nri famous people-People from all over the world are buying and selling properties in Mysore and Bangalore through me -I would like to introduce myself as Amar Kumar Raje Urs-Related closely to the Royal family of Mysore–now a professional Realtor-real estate agent-having huge client database of properties for buy and to sell in mysore,working for a leading Real Estate company-Hanu Reddy Realty in Yadavagiri,Mysore. We have well equipped modern offices in California-USA,Chennai,Bangalore,Hyderabad,Pune,Coimbatore and vizak-India with over 200 Real estate agents working full time among all offices.The promoters of the company have owned and developed real estate for over 60 years.The company has a professional approach with total transparency in the dealings and client satisfaction is foremost for us.Few of our important clients we have worked with are:HCL Technologies Ltd,Tata consultancy services ltd, cognizant Technologies,Hyundai Motors India Ltd,yahoo,citi bank,oracle,HSBC Bank,T.V.S etc etc etc .and many many famous Mysore born NRI PEOPLE..
I would like to offer my services to you also and would be pleased to work with you for any sale-lease of commercial-residential propertyof yours.

kindly get in touch with me for any property transactions in mysore or Bangalore.
Thanking you & assuring you of my best services at all times,

with kind regards,

for Hanu reddy Realty-India

Amar Kumar Raje Urs-Realtor
Cell 09845466746

Hanu Reddy Realty-India
New door no:11/1
vivekananda road,yadavagiri
mysore -570020
Karnataka,India
Email:amarurs@hanureddyrealty.com
Website:www.hanureddyrealty.com

January 31, 2008

Vijendra Rao said:

Please get back to me on this e-mail ID. I am currently engaged with the Mysore City Corporation in brand-building Mysore.

February 23, 2008

praveen said:

hi guys,
its great to be back in mysore after ten long years from Uk.
It has changed so drasticaly and positively.
Its realy nice to see the professionalism of Mysore realestate people.
I got introduced by one of my friends to propertiesinmysore.com since i was planing to buy a newly built house in Mysore.
Realy i was surprised with there service they showed me almost 15 newly built house of my requirement with in 2 days. i think only these people is having so many properties. finaly i settled for one house in srirampura that is is built in 40 * 60 site. It all took me just one month just because of the help of propertiesinmysore.com people. i was realy impressed with the way they do there job. They are just fast and efficient and well mannerd people worth to do business with them

March 15, 2008

Gopi said:

Please keep me also in loop as I am also looking for a property in Mysore.

Thanks and Regards
Gopi
09960896688.

March 18, 2008

Harsha said:

Shesh, your article is attracting lots of real estate people to advertize themselves through the comments. For eg propertiesinmysore.com. You must find some way of making money from their advertizements. It will be good for both them and u.

May 11, 2008

Vasanthi said:

I have a property which is up for sale in Mysore. Execllent locality. Its north east facing and available for immediate settlement. Pls contact me for further details - 09449505834. Brokers - Pls excuse.

May 15, 2008

Tamal said:

I have a just-built property in Myosre which is up for sale. If interested in a good brand new house at Mysore do contact me at +91 9916226862 or mail me at chatru_1977@yahoo.co.in

May 21, 2008

a bhanja said:

I am looking for plot in mysore near to all basic amenities so let me know the details of your plot/ development

July 9, 2008

Dayananda said:

Its Great Sir.

July 18, 2008

amar said:

Turn your commercial properties into gold in mysore/Bangalore

wanted: Bangalore-Mysore commercial: BDA-Muda sites…

contact now with your property details to Mr Amar urs 09845466746

A leading Retail company coming up with a chain of stores in the category of Restaurants,Apparels,large format Hyper markets, Super markets & Retail malls is looking for commercial properties,built-to-suit options inside mysore.

*Ranging from 1000 to 75,000 sft or even more of super built-up area,all across mysore and Bangalore i.e posh roads like Devaraj Urs road, new kantharaj urs road, chamaraja double road,M.G. ROAD, Kalidasa road, temple road-jayalakshmi puram etc etc .

*prime vacant lands in commercial areas also can apply.

We are retained as their exclusive property procurement agency in Mysore &Bangalore

Interested parties may kindly contact :

Amar Kumar Raje Urs
Hanu Reddy Realty-Mysore
Cell:09845466746
Email amarurs@hanureddyrealty.com
amarurs2003@gmail.com

please visit our company website www.hanureddyrealty.com

also excellent Residential plots all sizes 30×40, 40×60, 50×80 , and also bigger villa plots available for sale

July 30, 2008

rohit said:

buying & selling of properties in mysore contact rohit 9845186556 . sahara enterprises #50 7th main 5th cross saraswathipuram mysore

August 7, 2008

kiran u.p. said:

please contact me on 98451 12863 for a tailor made solution for your real estate requirements.

August 13, 2008

sudhakar Shetty said:

I have a site 40′x60′ in Vijaynagar 4th Stage 2nd phase-Mysore for sale. If interested please contact 9823179223

August 22, 2008

Shanmugam said:

Hi Shesh,
i came across your blog, congrats for your house purchase.
Actually i am planning to buy a house in mysore buit on 30×40 muda site. Just pass on the info if any body is interested in selling….
e-mail: shanmugam.d@gmail.com

August 27, 2008

Madhu said:

Dear Mr Shanmugam,

Kindly let us know, Property availability.
I am a Real Estate Agent.

Madhu Medappa A.A
Mobile # 98452 66102
Email : madhumedappa@gmail.com

Madhu said:

Hi Everybody !!

Mysore is Exploding ! With good diligence in our Private Layout formations monitored by MUDA. Coming from Bangalore, we see an happy sight of low % in lack of civil infrastructure or promises un kept by the Developers. Un-organized sector in Real Estate under Scrutiny by way of Task Force & Service Tax Dept already scrutinsing the un-organized sector is good news to hear from the Govt.

Not to Compare … Mysore Infrastructure - improving … as such wider Roads already there , Rings road being the outer ring road !! A New Ring Road proposed further by 5 Kms from the existing one.. Special Economic Zones (SEZ) Identified & lot of projects from Reputed Builders coming down to Mysore… Villa/ Bunglow projects.. Sites of Bigger dimensions - at affordable prices !

BMIC Road restarted & expected to be operational by Dec 08, Airport operational within 3 months. Broadguage line doubling already work has commenced .. Prices are likely to go up !!

We are 60 years of Real Estate Experience in Hanu Reddy Realty & have a presence in Mysore since 8 Months. Headquartered from Irvine, California- USA (Global Operations), We have office in Chennai, OMR- Chennai, Bengaluru, Hyderabad, Pune, mysuru, Coimbatore, vizag, & shortly many more…

We Handle :
Residential - Sale/ lease
Farm Lands - Sale/ lease ( Coorg/Nilgiris/Kabini
Industrial Lands - Sale/ lease /Joint Ventures
Agricultural lands- Sale/ lease
Commercial/ Office space/ Retail/ Office Space - Lease/ JV

Our List of clients testimonials can be viewed on website www.hanureddyrealty.com

Interested parties may kindly contact:
Mr. Madhu Medappa & Ms Rohini
Hanu Reddy Realty-Mysore
Mobile - 9845266102 or 9448260909

September 1, 2008

Raghuram said:

I have a plot of 40 X 60 West facing - just off Kalidasa Road near to Chandra Kala Hospital in Jayalakshmipuram. It is available for sale imediately.
Contact me on my mobile - 0091-9871173625

September 4, 2008

amrita said:

we live & work in dubai and have been here for 12 yrs now, plan to have our home in mysore to settle down, looking at gated community villas/ plots only…pl send us the details. thanks

September 11, 2008

Mahadev said:

we want a house in vijayanagar III st. in site: 30 x 40 pl give the details.

September 15, 2008

Madhu said:

Dear madam,

In the Dimension - 40X60/ 50X80 & Above..
we have Excellent Gated Community Plots / Sites in Posh Locations Viz Yadavagiri/ Gokulam & Jayalakshmipuram & Close to the IT Corridor.

Request you to specifically get in touch with us to mail & establish contact.

Interested parties may kindly contact:

Mr. Madhu Medappa & Ms Rohini
Hanu Reddy Realty-Mysore
Mobile - 9845266102 or 9448260909

Madhu said:

My Email : madhumedappa@hanureddyrealty.com

Thanks.. Madhu

September 16, 2008

amar urs said:

excellent 80×120 9600 sq ft villa plots in Emerald enclave(Mysore based )NRI COLONY for sale next to the fast developing IT corridor of mysore . The gated layout Emerald enclave is next to infosys campus mysore. Price in this lovely area is appreciating very fast. Please send in your contact address & your phone numbers to the email ID amarurs@hanureddyrealty.com

You can also call 09845466746 or 09902433316

please note that these plots are only available for sale to mysore born or based NRI or IT professionals. Thank you.

Amar urs 09845466746

September 20, 2008

amar urs said:

mysore city: excellent west facing 50×80 muda plot available for sale close to the ring road in Dattagalli 3rd stage( Kuvempu nagar annex)on the 80 feet commercial road . Direct allottee. Lot of IT professionals are buying in this fast appreciating area. Price : Rs 1400 per sq ft (nego…). contact amar urs 09845466746 or email amarurs@hanureddyrealty.com thank you.

September 21, 2008

Banavara said:

Mr Shesh,

I saw your house on sale in Magicbricks for 96 lakhs?
Have you really out it on sale? Is this price negotiable?

October 2, 2008

sathish said:

i have twin sites in kC layout Mysore adjacent to each other measuring in total 3500sqft bought directly fro MUDA .excelent location and good acess.
price-1900/sqft.genuine buyers contact sathishbc@hotmal.com

October 3, 2008

sathish said:

have twin sites in kC layout Mysore adjacent to each other measuring in total 3500sqft bought directly fro MUDA .excelent location and good acess.
price-1900/sqft.genuine buyers contact

October 7, 2008

vinay said:

HI Shesh, Gone through your website completly. Schooldays chamaks are missing. Njoy

October 21, 2008

Nanda said:

We CLA part of Alliance group which has 5000cr project in hand are coming up with the gated community in Hebal Industrial Area, Mysore. The project contains 250 plots and 100 Villas with the International amunities. Requesting to visit www.capitallandassets.com or www.alliancein.com

Nanda said:

We CLA part of Alliance group which has 5000cr project in hand are coming up with the gated community in Hebal Industrial Area, Mysore. The project contains 250 plots and 100 Villas with the International amunities. Requesting to visit www.capitallandassets.com or www.alliancein.com
For further details please feel free to call on 09611699055

shiva said:

This is shiva from Kabini Backwaters, Nagarahole forest. I have handfull of properties in Kabini backwaters suitable for Resorts,farm house,golf course etc, next to Orange County Resorts, Kabini and near Jungle Lodges & Resorts. Anybody intrested plesase contact- 99801-30706 or mail to forestshiva@gmail.com

October 24, 2008

shyla said:

Hi Pradeep,
We have plans to relocate to Mysore.interested in your villas….send more relevant info…location/price etc etc.thanks

November 5, 2008

saroja said:

NRI MYSORE BORN Interested in buying a Twin residential plots(50×80plots) or a 4000 sqft upto 10000 sqft to build a house preferably in & around Vontikoppal, Vijayanagar or a 80×120 villa plots in Emerald enclave next to infosys campus or any develped area in Mysore. Anybody interested to sell can email with the plot numbers and the price to my email ID: sarojakini@gmail.com or my USA no:+14105464778. I will be in India by 22nd December 2008.

November 6, 2008

kshan said:

Pradeep, where exactly is your locality going to be? can you give details? thanks

November 22, 2008

Mahesh chandra said:

East facing Residential plot 50×80=4000 sq ft in K .C. Layout- close to chamundi hills & lalitha mahal palace road for immediate sale . Call now for the best price. Mr Mahesh 09901961234 or email maheshchandra73@gmail.com. Thank you.

Abhay urs said:

We like to sell a semi furnished 3 BHK Apartment urgently on Temple Road - Vontioppal- VV Mohalla area asap. For details Pl Call Abhay 09980659746 or contact me @ abhaycu@gmail.com

November 27, 2008

Jagadish said:

Hi friends . ru people looking for 2 &3 BHk Apartment than u can contact me at 9008302545.Wonderful aparment which u love to be in…

December 1, 2008

vindya said:

what is your budget ? I have some flats in jayalakshmipuram or near bm hospital layout. Flats will get ready within 2 months.

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