Seeing at the current trend the prospects are very bright and promising for real estate sector in Bhopal. It would indeed be a wise option to invest in Bhopal real estate properties now when land prices are still low. Bhopal is developing rapidly. With many IT companies planning to set up their bases in Bhopal and other developmental measures on the cards, real estate prices in Bhopal are certain to increase in the coming times.
There is no doubt that real estate market is on a roll in present times. Surely you can look forward for good appreciation rate in 3 to 4 years time frame in Bhopal. Heard that in last 3 years, there has been a 42% growth in real estate industry and the trend is continuing.
There is a real estate boom happening in Bhopal in current times due to factors like presence of many manufacturing units and pharma companies like Bhilwara, Lupin Labs, P&G, BHEL, Parle Agro and Vardhaman Group who have set up their plants in this city. Came to know that there is a significant jump in real estate sector in Bhopal as many builders and promotors are coming up with luxury projects like Apartments, Villas, Row Houses, Villaments in Bhopal.
Seems to me like it is an good oppurtunity to invest in Bhopal since due to real sector boom, rates for residential properties are flourishing in this city.