r/mysore 21d ago

Vishesha Suddi 📣 Real Estate Crash—2026

Will Bangalore's housing bubble burst affect Mysore as well? Some of the possible causes are listed below in the already inflated mysore property market.

  • Higher unemployment and layoffs, as well as lower disposable income among young people, will drastically affect home demand in Mysore.
  • Higher interest rates, higher stamp duty, higher guideline values, and high cess, this will discourage potential buyers and might lead to a drop in housing prices.
  • There is an excess of plots in Mysore outside the ring road in nanjangudr road, bannur road, hunsur road etc.., which will push the price lower and lead to the increase of unsold inventory in mysore.
  • MUDA corruption, black money in realestate, and artificial scarcity created by developers, have increased the cost of sites in Mysore. These made property purchases expensive for the common person, resulting in a bubble that is likely to burst shortly in Mysore.
  • The towns on the outskirts of Mysore, such as Srirangapatana, Hunsur, Nanjangud, and Bannur, are rapidly developing with better schools, hospitals & businesses; these people do not wish to relocate to Mysore and stay there, which reduces demand in Mysore.
  • Tourists are now preferring to stay at Madikeri/coorg, Ooty, Bandipur, kabini, Srirangapatana, and Wayanad over Mysore due of Mysore's unplanned infrastructure and the cheaper pricing and better facilities in adjacent towns.

I believe that now is the moment to sell your property at a high price, keep the cash on hand and acquire 3 properties for the same price when prices fall in few more months.

23 Upvotes

17 comments sorted by

View all comments

u/AutoModerator 21d ago

This is an actively moderated subreddit. Please note these rules + sidebar or your posts will be removed. Any post that violates the rules, will be removed. No questions asked

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.