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Buying property in Indore

Q: I am planning to buy an apartment in Indore. Which is best location to buy a residential flat with good amenities and which gives me good short term gain returns?

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Replies (4)
1
Dude....it's a dead place. I am regreting my invevestment done in elf in 2008. My other properties in Mumbai and Bangalore are giving far better returns. Don't be emotional indori like me and stay away...u better invest in Mumbai, Pune, Delhi ncr, Bangalore...u will never regret....never get into rotten cities like Indore, Bhopal, Lucknow, Kanpur...
Abhilasha


2
Dude....it's a dead place. I am regreting my invevestment done in elf in 2008. My other properties in Mumbai and Bangalore are giving far better returns. Don't be emotional indori like me and stay away...u better invest in Mumbai, Pune, Delhi ncr, Bangalore...u will never regret....never get into rotten cities like Indore, Bhopal, Lucknow, Kanpur...
Abhilasha


3
Maha Nagar and Sudama Nagar are the biggest residential complexes in Indore. But property prices will be slightly higher here compared to the rest. Areas close to Airport like Gandhi Nagar, Arihant Nagar, Pitambur Road- near IIM, Khandwa Road, new townships like Suncity are all good options for investment. Anyhow take the advise of a local expert or search out with the help of a trusted real estate site. Chota Bangarda, Omkareshwar Barwani area are also said to be a potential location. Make a good ground work before you decide. There are many options available for affordable housing. Good luck
Veena K


4
Hey Devesh, Indore is said to be the heart of Madhya Pradesh. Investing in Indore will be a great option as the city is poised to become a commercial hub in terms of both industries and IT. Locations around any commercial hubs of educational institutions are fast to pick up. It is also very lucrative in terms of short term capital gains. Some big builders like OMAXE, Ansal, Emaar MGF, DLF are coming up with big projects in Indore. The largest residential colony in Indore is said to be the Maha Nagar Colony. Sudama Nagar under Greater Indore is also a good option.
Manohar


5

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