Lakshmipuram
Avg. Rate
₹ 4,318/sq. ft
Locality Rating
7.2/10
Lakshmipuram is a locality in Mysore, Mysore District, and its PIN code is 570004. This area is situated in the heart of the city, surrounded by other prominent localities and commercial hubs. The locality is known for its residential properties, including apartments and independent houses, which cater to the needs of various income groups. The area is well-connected to other parts of the city through a network of roads and public transportation systems. The Chamundi Hills, a popular tourist destination, is located nearby, offering a scenic view of the city. Lakshmipuram is also close to the Mysore Palace, a significant historical landmark in the city. The locality is served by various educational institutions, healthcare facilities, and shopping centers, making it a desirable place to live in Mysore district of Karnataka.
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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