Q:
Hello. I am Naveen. Please tell me the new measures that the Government has taken in the budget that was out recently. Will these measures have a positive effect on th ereal estate market?
Latest Answer: With the increase in the service tax, the cost of construction wil increase and also the rental value in the city will also increase by some amount, so this will have a negative impact on the real estate market.
Q:
Hello, my parents are moving to Scheme No 71 area in Indore after their retirement and i wanted to ask how is the locality, in all aspects like infrastructure, prices, connectivity etc?
Latest Answer: I am willing to buy a house in scheme no.71 near about shiv mandir, oppo. vaishnav college, on main road with possibilities of some commercial use too my budget is approx 40L.
Q:
Hello, Naveen here. I wanted to ask you people about the Lokmanya Nagar locality in the city since my parents are moving their after retirement, and i'm a bit worried.
Latest Answer: As far as property rates go, the locality is quite reasonable. Presently the average property prices in the area are Rs 3200 per sq ft. Taking in the fact that the locality is quite close to the central parts, in my opinion it is actually pretty decent.
Q:
Hello, I found a pre-launch project called Utsav Residency in Indore. Do you know how this project is? Can you give me some info?
Latest Answer: This place is expected to have amenities like lift, dedicated car parking, 24 hour power back up, kids' play area, security among many others which would make it a really good p rospect to look out for if you ask me.
Q:
What are the housing schemes that are coming up in Indore? Are government doing anything about this?
Latest Answer: Divisional commissioner for Indore has also intervened in the matter and has urged the IDA and IMC to work togetther on this project and built a multi storey project with a common goal to eradicate slum dwelling in Indore which is pretty rampant around here.
Q:
Please tell me whatever you guys know about this apartment project on AB Road. Im considering buying a villa for my family here. Need to come to a well-informed decision soon.
Latest Answer: This villa project consists of 2 blocks basically, and you can reach it from the AB road side, you have to cross the Vijay Nagar chouraha, then keep going straight and take a right at the Dainik Bhaskar press and go down the road, you'll reach the site
Q:
Is this is an attractive investment avenue? Please give me whatever information you know about this place
Latest Answer: The connectivity is definitely easier. There are so many bus stops around here, that the bus travels are made even easier. The City bus stop at the Janjeerwala chouraha is the most important here. The High Court bus stop is another majopr one on this region. Otherwise you have the Treasure Island bus stop and the hotel Samrat bus stop, both on the Mahatma Ganshi Road.
Q:
Hey guys, I heard about a Light Metro Project that could come to happen in Indore? Know anything about it? Leave a comment. Let's keep the thread going.
Latest Answer: That is not all the Madhya Pradesh Government have come up with Chief Minister Urban Infrastructure Development Scheme to encourage, promote and bring up more such projects into the state and develop the city into a much better one in all the aspects.
Q:
Hi friends..is there anyone who knows about the locality of Triveni Colony which is in Indore. I am planning to shift to this area, but, i need to get some basic information about this place.
Latest Answer: the social infrastructure as well as the commercial infrastructure is also gud here guys..Let us have a look at that fact. See, there are good commercial areas here like the Ratan Cycle and Auto Parts, Rajesh Auto Garage, Paris Shoes, Sarna Motors, Delta System, Ayurarogyasoukhyam, The Raymond Shop etc nearby to this locality.
Q:
Hi, how is the locality of Sanwer Road. Is it good for residential purposes and all. What are the facilities that I can get there?
Latest Answer: As it is mostly barren land and industries near to the NH 27, you cannot see much commercial activities there. Though there are some shops and outlets operating in this area catering to the residential communities. You can find Tops & Town here.
Q:
Hey, can I get some information about the locality of Tulsi Nagar locality in Indore. I am planning to shift there. Hope i will get honest reviews.
Latest Answer: The Kibs Hospital, Universal Hospital and Care Center, Bombay Hospital etc are located near to this area. But, you cannot see any hospital in this locality. But, connectivity to these hospitals and the connectivity to the rest of the town makes it a better residential area.
Q:
hey there, I need some brief information about the locality of Murai Mohalla in Indore. I heard its a good place. Is it true? Please give some information about the amenities and facilities provided here.
Latest Answer: for the residential community information, you see, there are only a very few apartments in this area. Most of the properties are like individual houses and plots as well as layouts. but this is a developing area, so, in the coming years you can see some good developments over here in the residential market also.
Q:
Hi, I am looking to invest in a land or house in Rajwada locality. Can I know how the locality is there? Give honest reviews ok? Thanks
Latest Answer: this area is blessed with some good social infrastructural development, over the years, you can see that many hospitals as well as commercial centres came up here in this locality. Some good hospitals like Indore Hospital, Noble Hospital, Saurabh Children Hospital etc. There are good shopping areas near to the NH such as Nandlal Stores, Jainson Book shop, Agarwal stores etc.
Q:
Shifting to a new house on Ujjain Road soon, please tell me a little about the place. Im a little worried since its is on the outskirts of the city.
Latest Answer: The property market here is mostly dominated by apartments, as this place wasnt initially a residential locality. You'll find places to rent as well. the rental r=price in this area is around rs 9 or rs 10 per sq ft.
Q:
what is the status of the piped gas project in Indore? Do you guys thing that this project will influence the real estate investment market here in any way?
Latest Answer: See I know for a fact that AGL can easily supply 15 lakh standard cubic meter of gas every day. This will easily cover the whole city, as a single household needs an average of 0.5 SCM of gas supply daily.
Q:
Heard a lot of hype about the upcoming Indore metro. What all are they implementing under this project. I want to invest in property in this city. Can you guys tell me which parts will bring in the highest returns, as a direct outcome of the Indore metro project
Latest Answer: I know that the the consultant for metro projects in both Indore and Bhopal, has recommended the driverless model after a topographical survey carried out earlier. However, a final decision on whether the system will be fully automated or not will be taken after the financial plan is submitted.
Q:
So many incidents of dogbites in Indore, just few days back my nephew got bitten. What are the authorities doing about this situation? Indore is becoming really unsafe now!
Latest Answer: Yes, there really has been an unusual number of dogbites here in Indore lately. I know the authorities are claiming to have done quite a lot about this issue, but to be honest we dont see the change anywhere.
Q:
Whats the road widening situation in Indore? Are they cutting down the trees for that or just relocating them?
Latest Answer: As far as I have heard trees are mostly being cut. I know for a fact that they are planning on cutting down 114 trees to make space for broadening 11 roads here in the city.
Q:
Hello. Can anyone tell me about the new TCS project in Indore? What exactly is this project going to do? I was thinking about buying a house in Super Corridor so do you think I will get good returns from investment because of this project?
Latest Answer: Many good Projects like Tcs, Infosys and many other companies setting their businesses. And if you want
invest there definitely you will get good returns. Flat for Sale is an exclusive source for finding the Luxurious flats & apartments near Super Corridor Indore . They are Offering the Luxurious 2, 3,4 BHK Residential Flats & Apartments.For Detail Information Please visit:www.flatforsaleinindore.com
Q:
Recently got a job in TCS in Super Corridor, Will be shifting there with my mom and dad, both of whom are getting older. So in case some emergencies arise, will I be able to find hospitals or nursing homes around, at least for first-aid treatment?
Latest Answer: There are a lot more hospitals at some distance - Sanyog, Citizen, Balaji hospitals area all within 4km of the corridor. So its your call, I cant tell for sure if those will be close enough in emergencies.
Q:
I moved into Indore 3 months ago as i got posted here by my company. I have been staying in the company provided guest house as of now near ab road. My wife and kids are coming down in a months time from now. As, obviously, they cannot stay in the company guesthouse, I urgently need some leads on a 2bhk apartment - preferably near recongnised schools and within an apartment complex. Also, since I stay in ab road, I have a fairly decent idea of the locality and hence will be looking at apartments in ab road mostly. Please, suggest some options as this an urgent requirement.
Latest Answer: You can find a 2bhk apartment from 6000 to 2000, depending on your budget. Since you have given a basic clue about what you are looking for you could check out the Silver Springs township or Dream city. Both are gated communities with amenties your family will enjoy. Also, dont worry about the schools as there are plenty around. A good idea would be for you to check out online sites for owners who have posted their properties on those sites. This saves youthe hassle of brokerage fees and helps you find a home faster.
Q:
Hello people. I am planning to purchase a property on AB Road and I would like to know of the infrastructure that the area has. Please help.
Latest Answer: There are also lots of hospitals along the road like Suyash Hospital, CHL Hospitals, Bombay Hospital, Lifeline Hospital, Life Care Hospital, and Rajashree Hospital. This also includes lots of pharmacy stores around it and specialty clinics and hospitals like Retina Specialty Hospital and Santati infertility clinic and test tube baby centre.
Q:
I'm moving to Mhow in Indore with my two kids. They are still young, so I wanted to know about any good schools or educational institutes around here.
Latest Answer: At the cost of sounding promotional, I must recommend Cambrian Mid School, if we are talking about quality all-round education for your children. Otherwise you can also consider Unique HSS school.
Q:
I am moving with my family to Nipania. I have two small chuldren. Can
somebody please tell me about the schools in this locality?
Latest Answer: Delhi Public School (DPS) is located here in Nipania. They provide good tutelage to children of all ages. Their curriculum varies according to the ages of the children, and covers the basics of science, maths, english, social science, and a second language. From the 8th standard onwards, the school follows a strict CBSE syllabus. Good luck :).
Q:
Hey so I might have to relocate to Piplyahana and I don't know much about the locality, but I've heard that it faces many sewage problems and waterlogging issues? What has the Indore Municipal Corporation done about these issues?
Latest Answer: Hi all,
I would like to tell you that the Rs 432-crore project, which was launched by BJP patriarch Lal Krishna Advani on February 25 in the presence of senior BJP leaders Sushma Swaraj, former BJP chief Nitin Gadkari, Yog guru Baba Ramdev and Chief minister Shivraj Singh Chouhan seems to have been forgotten by the state government.
Q:
Moving to Mahalaxmi Nagar in Indore pretty soon. I’ve heard that the city faces a severe power crisis. What’s the situation in this locality guys? Any idea?
Latest Answer: I know. Powercuts related to load sheddings are a frequent feature. Also what happens is the power supply is often affected by the rains and the weather changes. I feel that its due to inadequate infrastructure. In fact right after the second rainfall of this monsoon, the power went out in the evening and it only came back next day morning. Its harassing because the residents have to suffer through without power through all the seasons. During summer there are powercuts on the name of pre-monsoon maintenance work, but still the power goes off almost everytime it rains. So i don’t know what maintenance they are doing actually.
Q:
Can someone please tell me any information on these apartments at RAS Town and when they are going to be available?
Latest Answer: You'll get more details here http://www.commonfloor.com/ras-town-indore/povp-ijxdkx. I think State Bank, ICICI Home Finance, HDFC Home loans are all loan providers for this project. You also get 1 bhk apartments for 10 which is 2 lacs lesser than most other gated communities which is something you should definitely consider. Apart from that ras Town seems to be centrally located. The neighbourhood is constantly living and is not dull by any means.
Q:
Does anyone know the price of 3 bhk gated community apartments in and around Pipliya Kumar and the type of amenities they would provide?
Latest Answer: A 4bhk costs about 1 crore so a 3bhk must be between 60 to 8o lacs. I read on this link http://www.commonfloor.com/pinnacle-d-dreams-indore/povp-ysxtf0 that they're bank approvals are HDFC bank, LIC Housing Finance, State bank of India and ICICI bank if you're interested. There are many other luxury apartments available at cheaper prices in different areas though or are you only looking at Pipiliya Kumar?
Q:
I saw on the news that Rau Pithampur road is suffering from a water crisis? What exactly is the problem? Are the civic issues even dealt with in that locality?
Latest Answer: See 50% of the industries have this engine based process but other 50% badly requires water supply. Indore overall faces lots of water shortage and even residents are affected because of this. Pithampur is a Special Economic Zone and it cannot stop production process. It is very bad for Indore, if industry sector is affected. Even others SEZs are suffering because of lack of water. Civic Authorities should figure out what to do otherwise it is a real pity. Even international companies like Bridgestone from Japan was forced to shut down. If this happens, less companies will have faith in investing here. I don't understand why the authorities don't think about these things.
Q:
Hello! I m interesting in preferably 3 BHK apartment in Karol Bagh Grand in Indore. What will be the pricing of such residence and are there any amenities provided? Thanks!
Latest Answer: hi! in terms of pricing of apartments at the Karol Bagh Grand Indore, here is some elaboration. the flats come in 1 BHk, 2 Bhk, and 3 Bhk. The 1 Bhk apartments cover an area of 316 sq ft and are priced at Rs. 2500 per sq ft to amount to Rs. 7.96L. The 2 Bhk flats are built on an area of 523 sq ft and priced at Rs. 2650 per sq ft and total to Rs. 13. 76L. The 3 BHk option is constructed on an area of 1255 sq ft and priced at Rs. 2700 per sq ft and sold at a total of Rs. 33. 89 L.
Q:
Hello everybody. As I am interested to invest in the locality of Mangliya, I want to know if there are any upcoming infrastructure projects in the area. I heard about a flyover being built recently, can anyone elaborate on this?
Latest Answer: Hello. Here is some of my insight to elaborate on the alternate road being built from VIP road behind airport police station through Palhar nagar. This is being done primarily to solve the traffic issues that are prevalent on roads going to and from the airport. The distance to the airport will be reduced by about 2 km with the construction of this road, and it will be accompanied by a road connectivity project of Rs 18 crore. In total, the Indore Municipal Corporation has set aside Rs 250 crores for the improvement of road connectivity in different localities by constructing separate roads as well as by-lanes.
Q:
Hey guys....we are a bunch of college students studying in BM College of Tech. We are pursuing our engineering degree and have been living in a PG during our first year. Both of us are fed up with the rules and timings of the PG and are looking for a 2bhk apartment. Our budget is around 12k and we are looking for an area where there will be lots of eating places and hang-out spots. Can you guys suggest some happening area in Indore for me and my buddy to live in?
Latest Answer: I agree with the above comment about ab road being the most happening place in Indore. However, be wary as there are many families who reside in the area and would not appreciate too much noise. Prefereably, look in locations that have a a lot of student residential population. But, ab road is definately the best option for you guys. Contact the local agents and tell them your requirements. They generally find the right place according to your needs. Cheers!
Q:
I don't completely understand the different types of Sarthak Singapore Green View flats in Indore. Ayone has any information on this?
Latest Answer: I just looked it up and this project doesn't seem to have many houses or flats that are available. Probably still under construction. Don't limit yourself to just one locality in Talawali Chanda because it is a huge area! There are many other localities where you'd get reallly good houses in convenient and safe neighbourhoods. Also consider Amitesh Nagar, Mahalaskhmi Nagar and Nipania. There's more info in this link - http://www.commonfloor.com/search/public?q=Talawali+Chanda+indore
Q:
I’ve heard that some of the best areas in Hyderabad are Banjara Hills and Jubilee Hills. I think Jubilee Hills is a little over my budget, but I’d like to know more about Banjara Hills and prospective apartments that I can look into for buying.
Latest Answer: What will be the price per sqft of a new property in Banjara Hills? How will be the rentals in this locality?
Q:
Hey I had bought a house in MR 10 along the Indore Super Corridor. Is it a good time to sell it now? Or should I wait some more time? Also, what other places should I consider for further real estate investment?
Latest Answer: Hello Naveen,
In my view wait for some time to sell your property b/c at this time property rate is stable, wait some time to increase your property rate and then sell.
If any time you are interested to sell/buy/rent any property any property Visit http://jaydaad.com
Q:
How is the Rangwasa locality? Can I buy a property as an investment for the future?
Latest Answer: Rangwasa is basically a small village in Indore, which is in the south of Indore. It is around 14 kms from the main heart of Indore city. One of the major landmarks near the village is the IIM Indore campus, which is only 3kms from the area. It is a developing area, but you can't currently live there because you have to go to Indore city to get any amenities. But, the area has many educational institutions and hospitals, so if you are buying a property here, not only will it appreciate in the future, but you can also give it for rent for the many students who study near the area. I think it is a very good investment decision if you are buying a property there.
Q:
How is the garbage disposal system in Shreenagar?
Latest Answer: Okay, the garbage disposal condition is not so good in Shreenagar. The main reason behind this, is the employee strike in A2Z, which is the company hired by the IMC for garbage disposal across the city.
The illegal dumping grounds in Shreenagar are a matter of concern for all the residents there. It is a breeding ground for insects and other pests. The condition worsens when it rains.
The IMC is actually planning for better garbage disposal systems, like door-to-door garbage collection drives, to improve conditions at Shreenagar
Q:
Should I invest in Indiabulls Central Park in Indore?
Latest Answer: The Indiabulls Central Park will be a very good investment. The apartments are very near to the heart of Indore. The airport is 8 km from the apartments, and the railway station is only 1.8 km away. If you want the 2BHK house, the area of the house will be between 1048 sq. ft. and 1200 sq. ft, and the 3BHK is between 1500 sq. ft. and 1600 sq. ft. The builders have used the best materials like vitrified, ceramic and marble for the flooring, and designer tiles and the wood used is teakwood and salwood
Q:
Is the Countywalk Township a good project to buy a villa? Can anyone give me some information about these villas? How many bedrooms, what is the floor plan, etc? Also, is the location good?
Latest Answer: Hey, I think you picked quite an interesting project. if you’re looking to invest in villas on the Agra-Bombay bypass, then I think the Countrywalk Township is one of the best projects. The location is a bit on the outskirts of Indore city, but still it is quite well connected with the rest of the city. It is just 6km away from Vijay Nagar and the locality is pretty good too.
You can buy plots at this township project; the square foot price being Rs 1300. So the 2500 square feet plot will cost you Rs 32.5 lacs and the 5000 square feet plot will cost you Rs 65 lacs.
Q:
I’ve heard that the Space Park project in Indore is being executed in two phases? I want to invest in this project. Can anyone give me some information regarding this project? Are the apartments still available for booking?
Latest Answer: Hey, the Space Park project is an excellent investment opportunity. The builders are quite reliable and the project has home loan approvals from banks like HDFC, LIC Housing Finance Ltd, State Bank of India, IDBI as well as from the Indore Development Authority. The cost of the 1bhk is Rs. 14.74 lacs, the 2bhk is Rs. 23.32 lacs and the 3 bhk is 31.24 lacs. You can visit the Commonfloor webpage on this project to find out more details about this property - http://www.commonfloor.com/space-park-indore/povp-l8xpgp and http://www.commonfloor.com/space-park-ii-indore/povp-lj7gnf.
Q:
Which is the best locality in Indore for buying budget apartments?
Latest Answer: Hey, you should also check out the apartments in the Supercorridor area. There are some very good properties coming up in those areas, and all of them have affordable rates. The average square feet price of these apartments is Rs 1800.
Check out the upcoming Siddhanta Niketan project in Luv Kush Square on the Supercorridor. The 1BHKs are priced at Rs 12.25 Lakhs, the 2BHKs at Rs 20.59 Lakhs, and the 3BHKs at Rs 25.64 Lakhs
Q:
Hey, can anyone give me any information regarding the Shangri La project in Indore, regarding square foot price, square feet area, etc.?
Latest Answer: Hey, all the information regarding the Shangri La properties are given below.
2 BHK apartment – 1260 sq. ft. – Rs. 2251/sq. ft. – Rs. 28.36 Lacs
3 BHK apartment – 1633 sq. ft. – Rs. 2251/sq. ft. – Rs. 36.75 Lacs
3 BHK residential house – 2232 sq. ft. – Rs. 2351/sq. ft. – Rs. 52.47 Lacs
3 BHK residential house – 2320 sq. ft. – Rs. 2351/sq. ft. – Rs. 54.54 Lacs
4 BHK residential house – 2560 sq. ft. – Rs. 2421/sq. ft. – Rs. 61.97 Lacs
I hope that answers your query about the Shangri La project.
Q:
I’m planning to move to Indore soon. I’ve heard that the water supply conditions are not so good here. Will the Narmada Phase III project help in improving the water supply in Indore?
Latest Answer: Hey, the water problem is not that severe in Indore now as it was a few years back. The Narmada Phase III project has increased the water supply to some degree, if not all the way, and its only getting better.
I don’t think you would face much water crisis problems as the IMC has recently started an extra 90mlds of water in addition to the previous 210mlds. So now the citizens of Indore will receive a total of 300 million litres of water every day from the Narmada projects. Further 25 mlds of water will be provided from the dams at Yeshwent Sagar and Bilawali
