3rd worst city in the world? Banker explains why Bengaluru’s tech boom can’t stop people from leaving; Mysuru emerges as new hotspot

When it was once celebrated as India’s Silicon Valley, Bengaluru has long been the heart of the country’s technology and the starting ecosystem. The city has become synonymous with its live starting culture, global IT offices and a continuous flow of talent from all over the country. Young professionals, entrepreneurs and investors flocked to Bengaluru, hoping to ride the wave of India’s digital revolution.

However, in recent years, the brightness of the city seems to be breathing. What was once a dream destination has become increasingly a struggle for its inhabitants. Chronic traffic congestion, endless pits, increasing air pollution, water scarcity and launch real estate prices make life more stressful than ever in Bengaluru. Despite its growth and innovation, the city is struggling to keep up with rapid urbanization and inadequate infrastructure pressures.

Traffic problems and increasing frustrations

Investment banker Sarthak Ahuja recently emphasized this growing migration in a LinkedIn mission and reported that people abandoned Bengaluru because of the worsening living conditions. “Bangalore was ranked as the world’s worst 3rd city for traffic congestion.
But it’s not just traffic. Increased air pollution, inappropriate housing and irregular water supply forces residents to rethink their future in the city. Many are now looking at smaller, more manageable cities where the basic infrastructure is still working and the quality of life is higher.

Mysuru emerges as the best choice

According to Ahuja, mysuru is one of the biggest utilities of this trend. “You can travel anywhere in Mysore in 15 minutes,” he said, the cost of living was 10-20% lower than Bengaluru. Apartments in regions such as Kuvempu Nagar and Vijayanagar begin around 60 lakh, while premium places such as Saraswatipuram and Jayalakshmipuram begin in RS 1 Crore. Although real estate prices have increased by more than 50% last year, mysuru real estate is still more affordable than Bengaluru and higher rental returns that attract investors.

In 2023, the completion of the Bengaluru-Mysuru highway accelerated this tendency to migration, developed the connection, and attracted great developers to the city for long-term projects.

Tier-2 cities are ready to grow

Ahuja believes that this migration tendency is not unique to Bengaluru. “This is the problem of all of our metropolus such as Mumbai, Delhi, Gurgaon, Pune. With less blockage, lower costs and better urban planning, these small cities are increasingly attractive for both families and professionals looking for a more balanced lifestyle.

Bengaluru can always be a technology power center, but for many, a smooth, stress -free life dream is now being realized in the quieter, greener streets of Mysuru.

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