The city of Mysore has now emerged as a top investment destination with the expansion of Mysore-Bangalore Road, double track railway line, airport and the four-lane expressway.
Just 140 kilometers from Bangalore and 220 kilometers from the port town of Mangalore, Mysore owing to its strategic location has always been regarded as the most sought after holiday home buyers’ destination in the country.
Meanwhile with property prices in the erstwhile second home locations in the city transforming into first home locations now and prices in these areas skyrocketing in the last couple of years, the areas in a radius of 20-25 kilometers are now emerging as good areas to buy a second home. The reasons being prices are relatively low, there is scope for well planned and larger developments, residents can have a quieter life, there is good scope for appreciation on one’s investment and most importantly good connectivity owing to the four-lane state highway.
In today’s article we will take a look at one such project perfect for a holiday home situated beyond Elivala on the Hunsur Road.
After the success of its earlier projects, Mysore-based FN Infrastructure Pvt. Ltd. more commonly known as Foundations has launched its villa township project, Foundations Green Grass, spread over 10 acres of pristine converted agricultural land. The development is lined with over 600 coconut and more than 180 mango trees neatly laid to give each villa a sense of living amidst nature.
Once complete the development will have 42 villas in addition to a club house, indoor activity center, gymnasium, guest rooms, party area with a kitchen, landscaped gardens, etc.
Designed to meet international green township guidelines, the developer will be using eco-friendly and locally available material to build the villas which will be available in several sizes and configurations to suit the buyers requirements and budget.
While the 40 feet wide internal roads have been laid and other common amenities like the children’s play area, the club house is ready, construction of the villas too have started with many to be completed in a couple of months from now.
Meanwhile water connections and underground electricity connections have been provided to all individual plots.
Location:
The development is situated about 20 kilometers from Mysore city just a kilometer off the Mysore-Madikeri Road.
Offerings and Pricing of Villa Plots:
| TYPE | SIZE (in Square feet) | PRICE (in INR) |
| Plot | 1988.2 | 9.9 lakhs |
| Plot | 3514.4 | 17.6 lakhs |
| Plot | 4105.8 | 20.5 lakhs |
| Plot | 4854.5 | 24.3 lakhs |
| Plot | 5224.5 | 26.1 lakhs |
| Plot | 9257.9 | 46.3 lakhs |
| Plot | 10818.6 | 54.1 lakhs |
Amenities/ facilities:
- Spacious swimming pool with latest filtration system
- Indoor activity center
- Gymnasium
- Guest rooms
- Party area with kitchen
- Landscaped gardens
- 24×7 security.
About the developer:
Managed by a group of technocrats with over two decades of experience in construction Mysore-based FN Infrastructure Pvt. Ltd. is a known name in the real estate sector with several projects already completed and handed over to its owners. Two of the promoters of the company are recipients of the prestigious ‘Builder Of The Year’ award instituted by the BAI, Mysore Center. In addition to construction of residential space, FN Infrastructure Pvt. Ltd. will also soon enter the Hospitality sector where they are going to start homestays on Mysore-Mangalore Road.
Contact:
For more information you can contact Rohini A Medappa at +91-9900021361 or Ravindra Prakesh at +91-9845127297. You can also email them asking for more details at foundationsmysore@gmail.com. Their website, www.foundationsmysore.com, has the updates on the construction of villas in the development.
Project Status:
This article was last updated on 4-11-2020
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