Bm Shree Nagar
Avg. Rate
₹ 4,849/sq. ft
Locality Rating
7.2/10
BM Shree Nagar is a locality situated in Mysuru, Mysore district, offering a pleasant residential environment. The area has a population of 13,982 residents living within this established neighborhood. Property prices in the locality currently stand at ₹9,850 per sqft as of October 2025, having experienced a massive price growth of 337.8% since January 2011 when rates were ₹2,250 per sqft. This remarkable upward trend in property values indicates strong capital appreciation and positive market performance. Real estate investors and homebuyers seeking substantial long-term value would benefit greatly from acquiring property in this growing area. Overall, BM Shree Nagar presents a promising outlook for those looking to invest in the Mysuru real estate market.
Region
Bm Shree Nagar
City
Mysuru
District
Mysuru
State
Karnataka
Pincode
570016
Population
13,982
Schools
5
Nearest Airport
Mysuru Airport (MYQ)
Neighbourhood Insights by
The Good
Heritage location near the Palace circle supports consistent demand from tourism-sector professionals and heritage-hotel guests
Mysuru's heritage urban fabric — wide boulevards, palace-era parks, and low-rise streetscapes — creates a uniquely livable environment
Dense local market and commercial street provide daily necessities within walking distance
Bengaluru–Mysuru Expressway (NH-275) slashes travel time to Bengaluru to ~75 minutes, making this locality attractive to Bengaluru investors and second-home buyers
Low pollution levels and clean public spaces make Mysuru one of South India's highest quality-of-life cities for residents
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
Mysuru has no metro rail system; public transport is entirely KSRTC bus-dependent with limited frequency after 9 PM
Premium pricing limits short-term upside; return on investment is a longer-horizon play from current levels
Aurum Price Index for Bm shree nagar
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
₹ 4,849/sq. ft
Average Price Range
₹ 1,250 – 14,550
Trend (5Y)
▲ 105.2%
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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