New Launch - India Real Estate Report 2026.

Varakodu

Avg rate icon

Avg. Rate

4,365/sq. ft

Locality rating icon

Locality Rating

3.8/10

Varakodu is a residential locality situated in Mysuru city and district, offering a peaceful living environment. The area is home to a population of 12,290 residents. Property prices in Varakodu currently stand at ₹8,900 per sqft as of October 2025, having experienced a remarkable growth of 334.1% since January 2011 when prices were ₹2,050 per sqft. This substantial price appreciation demonstrates strong investment potential for prospective buyers in the real estate market. Homebuyers and investors seeking long-term value will particularly benefit from living or investing here due to the consistent upward trend in property values.

Region

Varakodu

City

Mysuru

District

Mysuru

State

Karnataka

Pincode

570010

Population

12,290

Nearest Airport

Mysuru Airport (MYQ)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

Walking distance to Mysore Palace and the heritage tourism belt adds a prestige premium and steady footfall

Mysuru's heritage urban fabric — wide boulevards, palace-era parks, and low-rise streetscapes — creates a uniquely livable environment

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

Bengaluru–Mysuru Expressway (NH-275) slashes travel time to Bengaluru to ~75 minutes, making this locality attractive to Bengaluru investors and second-home buyers

Locality price index icon

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

Lack of rapid transit infrastructure is the single largest quality-of-life gap compared to larger Karnataka cities

Aurum Price Index for Varakodu

1BHK2BHK3BHKAll

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

Upper PriceAverage PriceLower Price

Timeline

Average Rate

4,365/sq. ft

Average Price Range

1,15013,150

Trend (5Y)

107%

Nearby Neighborhoods

Varuna

Varuna is a developing residential locality situated in Mysuru within the Mysore district. The area has a small population of 5,753 residents and is predominantly residential in nature. Property prices 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 remarkable price appreciation indicates strong capital appreciation and positive investment potential for the future. Real estate investors and homebuyers looking for long-term growth would benefit from participating in this expanding market.

Avg. Rate

2,506/sq. ft

Locality Rating

3.9/10

Explore Neighbourhood

Vajamangala

Vajamangala is a residential locality situated in Mysuru city within Mysore district, known for its developing character. The area has a population of 8,077 residents and primarily serves as a residential neighborhood. The current property price in the locality stands at ₹4,750 per sqft as of October 2025, reflecting a significant growth of 331.8% since January 2011 when the price was ₹1,100 per sqft. This substantial price appreciation indicates strong capital appreciation and positive investment potential for the future. Homebuyers and investors looking for long-term growth in a developing neighborhood would benefit greatly from living or investing here. Overall, the locality presents a promising market outlook for prospective real estate participants.

Avg. Rate

2,337/sq. ft

Locality Rating

4/10

Explore Neighbourhood

Harohalli

Harohalli is a developing residential locality situated in Mysuru, within the Mysore district of Karnataka. The area is home to a population of 16,532 residents and functions primarily as a residential community. The current property price in Harohalli stands at ₹5,600 per sqft as of October 2025, having experienced a significant growth of 330.8% since January 2011 when prices were ₹1,300 per sqft. This substantial price appreciation highlights strong investment potential within the locality. Homebuyers and investors looking for long-term value in a growing residential area would benefit greatly from purchasing property here. Overall, the market outlook for Harohalli remains favorable for sustained residential living and capital growth.

Avg. Rate

2,751/sq. ft

Locality Rating

3.8/10

Explore Neighbourhood

Bugathagalli

Bugathagalli is a residential locality situated in Mysuru city within Mysore district. The area has a population of 4,067 residents and functions primarily as a residential zone. The current property price in the locality stands at ₹4,350 per sqft as of October 2025, having recorded a massive price growth of 335.0% since January 2011 when it was ₹1,000 per sqft. This remarkable price growth indicates strong investment potential for prospective buyers in the market. Homebuyers and investors looking for substantial long-term appreciation would greatly benefit from living or investing here. Overall, the market outlook remains highly favorable for those considering property in this developing region.

Avg. Rate

2,135/sq. ft

Locality Rating

4.2/10

Explore Neighbourhood

Choranahalli

Choranahalli is a locality situated in Mysuru city and district, offering a peaceful residential character. With a population of 4,267 residents, the area primarily functions as a residential community. The current property price in the locality stands at ₹5,150 per sqft as of October 2025, having experienced a massive price growth of 329.2% since January 2011 when it was ₹1,200 per sqft. This remarkable appreciation highlights strong investment potential for buyers looking at long-term capital gains. Homebuyers and investors seeking a developing suburban environment would particularly benefit from participating in this expanding real estate market.

Avg. Rate

2,528/sq. ft

Locality Rating

3.9/10

Explore Neighbourhood

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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