Lakshmipuram
Avg. Rate
₹ 4,318/sq. ft
Locality Rating
7.2/10
Lakshmipuram in Mysuru district is a well-established residential locality offering a peaceful living environment. The area has a population of 12,021 residents and is predominantly residential in nature. Property prices in the locality currently stand at ₹8,800 per sqft as of October 2025, reflecting a significant growth trend of 340.0% since January 2011 when prices were ₹2,000 per sqft. This remarkable price appreciation highlights strong investment potential for prospective buyers looking at long-term gains. Homebuyers and investors seeking a stable community with a proven track record of capital appreciation would greatly benefit from living or investing here. Overall, the locality presents a promising market outlook for those interested in the Mysuru real estate market.
Region
Lakshmipuram
City
Mysuru
District
Mysuru
State
Karnataka
Pincode
570004
Population
12,021
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
Heritage zoning limits vertical high-density construction in the locality, preserving neighbourhood character and long-term livability
University of Mysore campus adjacency creates stable, year-round rental demand from faculty, students, and research staff
Dense local market and commercial street provide daily necessities within walking distance
Expressway connectivity has been a primary driver of price appreciation since 2022 as Bengaluru buyers enter the Mysuru market
The Bad
Heavy tourist footfall during Dasara (October) and peak summer season creates noise, parking pressure, and congestion
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 Lakshmipuram
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
₹ 4,318/sq. ft
Average Price Range
₹ 1,100 – 13,000
Trend (5Y)
▲ 107.1%
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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