Sharadadevi Nagar
Avg. Rate
₹ 2,496/sq. ft
Locality Rating
7.2/10
Sharadadevi Nagar is a peaceful residential locality situated in Mysuru within the Mysore district. The area has a population of 8,799 residents and functions primarily as a residential neighborhood. Property prices in the locality currently stand at ₹5,100 per sqft as of October 2025, having experienced a massive growth of 343.5% since January 2011 when the price was ₹1,150 per sqft. This significant upward price trend highlights strong investment potential for prospective buyers in the market. Homebuyers and investors looking for substantial capital appreciation would greatly benefit from investing in this growing neighborhood.
Region
Sharadadevi Nagar
City
Mysuru
District
Mysuru
State
Karnataka
Pincode
570022
Population
8,799
Schools
5
Nearest Airport
Mysuru Airport (MYQ)
Neighbourhood Insights by
The Good
University of Mysore campus adjacency creates stable, year-round rental demand from faculty, students, and research staff
Cluster of CBSE and ICSE schools within the locality sustains strong family-segment demand
Proximity to Devaraja Market or the commercial core reduces dependency on private transport for daily errands
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
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
Many projects have low end-user occupancy; maintenance quality can suffer due to absentee investor ownership
Aurum Price Index for Sharadadevi 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
₹ 2,496/sq. ft
Average Price Range
₹ 650 – 7,550
Trend (5Y)
▲ 108.2%
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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