Invest now in Mysore; Reap benefits later!

Posted on Jan 26 2014 - 9:10pm by IBC News
Categorized as

Four-laning the State highway and doubling the railway links between Mysore and Bangalore has indeed worked wonders for the Sandalwood city. With drastic reduce in the travel time between the two cities, real estate and other industries are flourishing to a large extent in Mysore. Lots of residential projects and industries are planted along the Bangalore-Mysore highway and still more are in pipeline. Government has earmarked many industrial estates starting from Bidadi to Mysore for development along State highway and railway track,  running parallel to each other.

Bidadi, located on the Bangalore-Mysore highway is home for many large automobile clusters. Occupying a giant size of 432 acres, Toyota Kirloskar Motor Corporation has its manufacturing base here with its ancillary manufacturers and auto suppliers owning more than 250 acres in Bidadi. All the phenomenal industrial growth here is mainly credited to the automotive sectors set up here. This development is expected to continue as the existing auto majors are more likely to attract other auto manufacturers.

Apart from the auto manufacturing industries, Metal and engineering, electronics, cola factory, textile, telecommunications, furniture and interiors, packaging, fabrication and packaging are the other industries that are located here. To construct new manufacturing units in Bidadi, Bosch has bought 97 acres of land and is planning to relocate in two phases. The unique factor about the industrial growth in Mysore is the fact that developers will be able to easily identify over 6,000 acres of land in a stretch, which might not be possible in other cities as the industrial areas there are more likely to be scattered in various pockets. An addition of 2,500 acres of land is soon expected in Belagola, Manuganahalli, Koorgalli and H D Kote Road.

Overthrowing its earlier name as a pensioner’s paradise, Mysore is now blossoming in every field. All credits to the increased connectivity developments with Bangalore! People now find Mysore very attractive not only to do business buts also to move in. With excellent employment opportunities and boosting the local economy, Mysore is now one of the best options to buy a property, be it residential or commercial for all the investors.

About the Author

Leave A Response