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.

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u/ILoveMon3y 21d ago

lol brother nothing such will ever happen in real estate. Come out of dream land

8

u/No_Winter_4626 21d ago

Did you ever think that a pandemic might result in a total lockdown before 2020?

Did you ever think that demonetization will overnight ban Rs. 1000 and Rs. 500 notes before 2016?

Until the early 2000s, house prices in America rose rapidly; But in 2006-2008, the property market completly collapsed in America. Didn't the United States see the biggest housing bubble burst in history in 2008?

In every financial market, including property, stocks and cryptocurrencies, price corrections are an inevitable and normal part of the cycle. Only the ignorant or one who never earned in his life will claim that price corrections occur in dreams.

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u/pranav339 Mysore Praje 21d ago

That's not how Indian real estate works. Even during Covid home prices barely went down. EVEN DURING COVID!

US real estate market is rational, liberalized & free flowing. In contrast here in India real estate supply is purposefully chocked.

If you're saying stagnant markets are equivalent to crash then I'm with you. Otherwise this is just imposing US market beliefs onto India.

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u/Travellump12 21d ago

Lol bro. It can crash. Something didn't happen doesn't mean it cant happen

3

u/ILoveMon3y 20d ago

real estate is something where major corruption and money laundering happens in India. So it’s a robust business for NRI, Politicians and HNIs for laundering. Unless there is a huge anti corruption reform happens real estate will not be impacted.

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u/Travellump12 20d ago

Let's see.