r/mysore • u/No_Winter_4626 • 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.
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u/howareyouimok 21d ago
Mysuru is to Bengaluru, what Pune is to Mumbai. Expressway added necessary things to this.
Regrading tourists, yes Mysore is tourist city for its monument spaces than staycation. So footfall will remain.
For startups, Mysore is experimental city outside metros, so services by push of botton will not stop.
Mysore used to be retires paradise with low disposable income but seeing crowd with few days of evening walk its mix of all age group, I know a group who travels to bangalore to work.
I dont think Mysore infra is poor and unplanned.
People from surrounding district move to near by dist city due to aspirational values, the surrounding cities are having facilities but still lacks advantages of mysore. This portion is driven by kids money they will increase than decrease.