Naman Nariman Point

By: Naman Equipments And Construction India Pvt Ltd in Mahalaxmi Nagar

Naman Nariman Point : A Premier Residential Project on Mahalaxmi Nagar, Indore.

Looking for a luxury home in Indore? Naman Nariman Point , situated off Mahalaxmi Nagar, is a landmark residential project offering modern living spaces with eco-friendly features. Spread across 7.50 acres , this development offers 650 units, including 1 BHK, 2 BHK and 3 BHK Apartments.

Key Highlights of Naman Nariman Point .

• Prime Location: Nestled behind Wipro SEZ, just off Mahalaxmi Nagar, Naman Nariman Point is strategically located, offering easy connectivity to major IT hubs.

• Eco-Friendly Design: Recognized as the Best Eco-Friendly Sustainable Project by Times Business 2024, Naman Nariman Point emphasizes sustainability with features like natural ventilation, eco-friendly roofing, and electric vehicle charging stations.

• World-Class Amenities: 24Hrs Backup Electricity, Basket Ball Court, Club House, Gated Community, Gym, Indoor Games, Jacuzzi Steam Sauna, Jogging Track, Landscaped Garden, Play Area, Security Personnel, Swimming Pool, Table Tennis, Temple and Tennis Court.

Why Choose Naman Nariman Point ?.

Seamless Connectivity Naman Nariman Point provides excellent road connectivity to key areas of Indore, With upcoming metro lines, commuting will become even more convenient. Residents are just a short drive from essential amenities, making day-to-day life hassle-free.

Luxurious, Sustainable, and Convenient Living .

Naman Nariman Point redefines luxury living by combining eco-friendly features with high-end amenities in a prime location. Whether you’re a working professional seeking proximity to IT hubs or a family looking for a spacious, serene home, this project has it all.

Visit Naman Nariman Point Today! Find your dream home at Mahalaxmi Nagar, Indore, Madhya Pradesh, INDIA.. Experience the perfect blend of luxury, sustainability, and connectivity.

Mahalaxmi Nagar is an attractive locality for anyone looking to buy property in Indore. It is located in the north-eastern part of the city, and is well connected, with many schools, eateries, and stores nearby. Well-known educational institutions such as Pioneer Institute of Professional Studies, Ishaq Patel Public School, and DPS Indore add to Mahalaxmi Nagar’s civic arsenal.

Mahalaxmi Nagar is situated in between Eastern Ring Road and Indore Bypass Road, which is a boon for regular commuters. MR-10 and MR-9 are two other important roads that are also situated nearby, which connects the locality to the rest of Indore and Madhya Pradesh.

Connectivity and Transit Points

This area is only 13km from Devi Ahilyabai Holkar Airport, which is just about 25-minute drive. It is also approximately about 7km away from Indore Junction Railway Station. With easy access to both the airport and the railway station, Mahalaxmi Nagar is a prime locality in terms of connectivity.

The Ring Road, MR-10, and MR-9 also give easy access to and from Mahalaxmi Nagar.

Indore Bus Rapid Transit System (IBRTS), which became functional in 2013, plies Eastern Ring Road and other major routes. Cabs and auto-rickshaws are very common here, and can be hired to commute within the city.

Major Landmarks

Bombay Hospital

Apollo DB City

Pioneer Convent

Atal Bihari Vajpayee Stadium

Factors for Growth in the Past

Connectivity has been a boon for Mahalaxmi Nagar. Further, the presence of civic amenities like banks, restaurants, and malls has also influenced its growth positively and made it a popular residential option. With the increasing number of residents, the commercial establishments catering to the population have also grown significantly.

Residential Real Estate Market

Residential space in Mahalaxmi Nagar mainly comprises of apartments, with independent houses coming in second.

In the April-June quarter of 2013, price per sq. ft. was Rs 2,400, which dropped to Rs 2,200 in the July-September quarter of the same year. However, it has been on a climb since then, with average prices during the April-June quarter of 2014 hovering at Rs 2,500 per sq. ft.

Major Challenges

Mahalaxmi Nagar has had problems in the past with overflowing drains and persistent power cuts because of inadequate and poorly maintained infrastructure.

Traffic is also a hassle. Roads around the area can get crowded during peak hours, but that is to be expected in a popular urban area. Hopefully, the planned Indore Metro project will solve this problem to some extent.

Factors for Growth in the Future

The Indore Metro is expected to be operational by 2019. This is expected to further boost the realty market of the area by enhancing the region’s connectivity to other major growth centres. Thus, investing in Mahalaxmi Nagar property could prove to be a wise choice since prices are expected to rise in the future.