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MC Explains: How soon will Mysuru catch up with Bengaluru as a real estate hub?

Real estate and land prices in Mysuru have shot up in the last few months as the government looks to develop more land parcels and several industrial growth plans, including a semiconductor hub, offer a promise of future development

Bengaluru has been the top real estate driving engine in Karnataka but several Tier II cities like Mysuru are catching up across residential and commercial segments.

After staying flat for years, prices of residential units and plots in Mysuru have shot up in the last few months as the government looks to develop more land parcels, travel time between Bengaluru and Mysuru is cut to three hours and the promise of a semiconductor hub takes shape.

Moneycontrol spoke to several experts to understand what is turning the city of old-world charms into a bustling realty hub.

How is the residential market scene in Mysuru?