Bannimantap
Avg. Rate
₹ 3,665/sq. ft
Locality Rating
7.2/10
Bannimantap is a locality situated in Mysuru city within the Mysore district, known as a developing residential area. The locality has a population of 22,114 residents and functions primarily as a residential zone. As of October 2025, the current property price in the area stands at ₹7,450 per sqft, reflecting a massive growth of 338.2% since January 2011 when it was ₹1,700 per sqft. This substantial price appreciation indicates strong investment potential for prospective buyers in the real estate market. Homebuyers and investors looking for significant long-term value would benefit from living or investing here due to this consistent upward price trend. Overall, the remarkable historical price growth highlights a promising market outlook for the locality.
Region
Bannimantap
City
Mysuru
District
Mysuru
State
Karnataka
Pincode
570015
Population
22,114
Schools
5
Nearest Airport
Mysuru Airport (MYQ)
Neighbourhood Insights by
The Good
Walking distance to Mysore Palace and the heritage tourism belt adds a prestige premium and steady footfall
Heritage zoning limits vertical high-density construction in the locality, preserving neighbourhood character and long-term livability
Educational institution cluster nearby supports a reliable tenant base and school-zone price premium
Planned sector-wise development with clearly demarcated residential, commercial, and green zones
Proximity to Devaraja Market or the commercial core reduces dependency on private transport for daily errands
The Bad
Weekend and public holiday tourism spikes cause significant parking and traffic disruption in heritage-adjacent areas
Limited road widening scope in heritage zones means traffic issues are unlikely to ease in the near term
School-zone traffic during morning drop-off and afternoon pick-up creates localised congestion spikes
Mysuru has no metro rail system; public transport is entirely KSRTC bus-dependent with limited frequency after 9 PM
Aurum Price Index for Bannimantap
Normalized to 100 · Oct 2020 baseline
Timeline
Aurum Price Index is based on 10 parameters:
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Rates and Trends
Timeline
Average Rate
₹ 3,665/sq. ft
Average Price Range
₹ 950 – 11,000
Trend (5Y)
▲ 106.9%
Nearby Neighborhoods
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Frequently Asked Questions
The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in
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