If you’ve been keeping up with the news lately, you’ve probably heard about a proposal to make Mysore the state’s next IT hub after Bangalore. If you haven’t already, here’s the essence of it:
The operations of the Karnataka Digital Economy Mission (KDEM), a state-sponsored program, are being started in Mysore to help accelerate and position the city as a technology and innovation destination outside Bengaluru.
Mysore is quickly becoming one of the most popular business destinations in a variety of industries, and the KDEM Mysore cluster has been formed to support this growth.
KDEM is a state-led project that was initiated in 2020 with the goal of expanding the innovation and technology ecosystem beyond Bangalore and contributing 30% of the state’s GDP by 2026. The generation of 10 lakh direct and indirect jobs through startups and IT/ITES services is one of the major achievements.
The good news is that Mysore has added another feather to its cap by bringing another IT Giant -IBM.
IBM announced the opening of a client innovation Centre (CIC) in Mysore, Karnataka, on Monday. The CIC concept intends to help tier 2 and 3 regions achieve rapid, high-tech economic growth by delivering comprehensive hybrid cloud and AI technology consulting services.
What are the best ways to invest in Mysore?
When it comes to investing in Mysore, Gagana Properties is the best option. Gagana Properties is a pioneer in the Mysore real estate market. It provides you with the best investing options in Mysore. In all areas/locations of Mysore, you can choose from a large range of excellent DTCP & RERA authorised plots. Gagana Properties provides well-developed, ready-to-register MUDA sites at affordable EMIs available on T. Narasipura road, Bannur road, Bogadi road, HD Kote road, and Hunsur road.
What does it mean to the people of Mysore?
This is a significant change that will impact the city’s destiny. The massive influx of resources, infrastructure, and industries will strengthen the city’s economy and boost all sectors. This will undoubtedly propel the city’s overall development. The move will open up a wider range of possibilities while also causing rapid economic and social transformation. Now the city is well connectivity through Airport,10 Lane Super Highway, Double Track Railway Line.
What does this mean for you as a business owner?
Mysore has always been a safe pick when it comes to real estate investments. The heritage city label, friendly people, lovely green vistas, and a generally easygoing environment have traditionally allured visitors. The proposed relocation will undoubtedly improve the city and its real estate sector. The project’s economic impact will be substantially bigger, resulting in a multi-fold increase in real estate value. This presents real estate investors with a lifetime experience opportunity with minimal risk. The city’s investable real estate will provide a significant potential for investment, and the demand for higher rates means that You should start preparing for this rapidly changing environment right away. The best time to invest is RIGHT NOW, and Mysore is the best spot to invest.
Why are we here?
Our expert approach is completed with a hassle-free and enjoyable experience, from selecting the layouts to selling them to the final user. We have more than 21 years of industry expertise. We have a better understanding of the market.
