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Property in Indore : an overview

Indore city presents a happy blend of a historical past and promises of rapid future modernization. Indore is situated on the Malwa, on the banks of the small streams- the Khan and the Saraswati. They unite at, the center of the city where a small 18th century temple of Sangamnath exists. The combined stream flows into the famed Chambal river.


Commercial capital of the central Indian state of Madhya Pradesh. It is situated on the Malwa Plateau, just north of the Vindhya Range. Indore is the administrative headquarters of the Indore District and the Indore Division, and formerly served as the capital of the former princely state of Indore and the summer capital of the erstwhile state of Central India.Indore is one of the fastest growing Tier II cities in India. It already is the commercial capital of central India. Its a favoured test market for industries owing to the diversity of its population. Plans are underway for a Software Park . Several hopping malls have been constructed since 2004 and have contributed to changing the staid feel of the city. The real estate market in Indore is now also very booming position. The property market in Indore is now highly demanded position due to development of industrial and IT Sector. Different builders & developers are also started many residential and commercial projects in Indore. It came to know that NRIs are also putting their money for property investment in Indore also. Again the easy home loan system in India has made people to  capable to purchase different types of peoperties in Indore.


City in Madhya Pradesh, India, lying on the Sarasvati River, 550 km/340 mi northeast of Mumbai (formerly Bombay); population (2001) 1,597,400. A former capital of the princely state of Indore, it now produces cotton, chemicals, and furniture. It is a centre for Hindustani classical music.The history of Indore is inseparable from the history of Holkar state. The founder of the House of Holkars was Malhar Rao Holkar, born in 1693. His soldierly qualities brought him to the forefront under the Peshawa and he was rewarded with the gift of territories comprising the Indore region. Between 1948 and 1956, Indore served as the summer capital of the former Madhya Bharat state. Currently, it is the commercial capital of M.P.


Shopping Malls in Indore

  • Treasure Island
  • Mangal City
  • Pakiza Retail Store
  • Vishal Mega Mart
  • Westside Store
  • Salasar Retail Store


Famous Education Institute

  • Indore University
  • International Institute of Professional Studies (IIPS) 
  • Sri Govindram Saxeria Institute of Technology and Science (SGSITS)
  • Devi Ahilya University Engg. College
  • Shri Vaishnav Institute of Technology & Science
  • Mahatma Gandhi Memorial Medical College
  • Dental College
  • Devi Ahilya Electro Homeopathy & Para medical Institute
  • Govt. Ashtang Ayurvedic College
  • Adarsh Institute of Paramedical Sciences
  • Institute of Management Studies
  • Indore Institute of Technology and Management


RESEARCH  INSTITUTIONS

  • Choithram Hospital and Research Centre (CHRC)
  • Centre for Advanced Technology (CAT)


Transportation

  • Air : Indore is one of the main cities of central India and also serves as a commercial hub. The city is significant in many ways and therefore is linked to various parts of the country via air. By air, Indore is connected to almost all the important cities not only in Madhya Pradesh, rather the whole of India. The various airlines operating out of Indore announce discounts and other lucrative packages for the tourists. There are a number of flights operating from Indore, at both the national and international level.

     

Domestic Flights

  • Air Deccan (Delhi and Gwalior)
  • Indian Airlines (Bhopal, Bangalore, Chennai, Delhi and Mumbai)
  • Alliance Air (Delhi and Mumbai)
  • Jet Airways (Bhopal, Delhi, Pune, Ahmedabad, Hyderabad and Mumbai)
  • JetLite (Ahmedabad, Mumbai, Delhi, Jaipur, Patna, Pune, Hyderabad, Bangalore, Kolkata, Chennai and Vizag)
  • Deccan Aviation (Delhi and Hyderabad)
  • Kingfisher Airlines (Mumbai, Nagpur, Kolkata, Hyderabad, Ahmedabad and Raipur)
  • SpiceJet (Jaipur, Patna, Kolkata, Chennai, Goa, Mumbai, Delhi, Nagpur, Raipur, Pune, Ranchi, Bangalore and Hyderabad)
  • GoAir (Delhi, Mumbai, Hyderabad, Chennai, Bangalore and Goa)

 

  • Railways : The Indore railway network is part of the Ratlam Division of the Western Railways. The tracks leadinginto the city arenot electrified.Indore is one of the few places in India with both meter gauge and broad gauge railways tracks operational. Regular train services connect Indore to most parts of the country. There are direct trains to Mumbai, Delhi, Kolkata (Howrah), Chennai, Trivandrum, Ahmedabad, Pune, Jammu, Jaipur, Lucknow, Bhopal, Nagpur, Patna and other major towns. The Indore junction is the main station in the city. Four other small stations, Rajendra Nagar, Lokmanya Nagar, Saifee Nagar and Lakshmibai Nagar provide short distance services to nearby towns and villages.Indore lies on the longest functional meter gauge line in India between Jaipur and Purna.

 

  • Roads : Indore is well connected to other parts of Madhya Pradesh and India through national and state highways. The Agra-Bombay national highway (NH3) and NH86 to Ahmedabad to the West and Betul to the East pass through Indore. The city is connected to the Khandwa town by the Khandwa Toll Road, towards the south of the city. In the North-West, the city is connected to the holy city of Ujjain via the Ujjain Road. There are bus services to and from all major and minor cities near Indore. The prominent ones being Bhopal, Barwani, Khandwa, Ujjain, Dewas, Dhar, Ratlam, Khargoan, Jhabua and Agar.

     


Distance from major cities

  • Mumbai  : 593 KM
  • Pune   : 610 KM
  • Ahmedabad  : 382 KM
  • Nagpur   : 440 KM
  • Vadodara  : 323 KM
  • Surat   : 465 KM
  • Jaipur   : 647 KM
  • Udaipur  : 410 KM
  • Bhopal   : 188 KM
  • Jabalpur  : 494 KM
  • Gwalior  : 486 KM
  • Agra   : 604 KM
  • Kanpur   : 695 KM
  • Aurangabad  : 402 KM
  • Jhabua  : 150 KM
     

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  • Indore Locality Map

  • Property Distribution

    • 33% - Apartments / Flats
    • 9% - Bunglow & Villas
    • 39% - Residential Plots
    • 2% - Builder Floor
    • 14% - Independent House



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