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2024

Mysuru property buyers exercise caution amid MUDA scam investigation

Property buyers in Mysuru are ensuring sites are not acquired under the controversial 50-50 scheme due to an ongoing investigation into an alleged scam involving the Mysore Urban Development Authority. The Lokayukta probe has led to a significant drop in site transactions, especially affecting areas like Vijayanagar III and IV stage. The controversy has badly impacted the real estate sector.