Q: Moving to Indore next month, I have a small family, my wife, my two kids and me. I wanted to buy a 2 or 3bhk apartment for us, but nothing too extravagant. I’ve heard the Shalimar Swayam Phase I has budget apartments. Can anybody confirm that? Also, can I get some further information on this project.
I can give you some price details about the type of apartments that you are looking for in the Shalimar Swayam project. Then you can decide by yourself whether they fit into your budget or not. The 2bhk has a built-up are of 985 square feet. At a very reasonable rate of Rs2350 per square foot, their selling price is Rs 23 lacs. The 3bhk has a built-up area of 1265 square feet and will cost you Rs 30 lacs. You can search for more apartments from the Commonfloor website. just follow this link http://www.commonfloor.com/upcoming-projects-in-indore and enter your specifications.
The best part about the Shalimar Swayam project by the Mirchandani group is that you will get all the facilities of a gated community at unbelievably affordable prices. The amenities offered to you will be 24 hour power backup, excellent security systems, swimming pool, gymnasium, play area for kids and club house facilities. The location of the property is pretty good too, it is hard to find such low rates around such a busy residential area as Sukliya. It is located off the MR-10, very near to the Chandragupta Mourya Square.
Based on your criteria, I think this is the best project to invest in. The location also is excellent. It is just 3km away from the electronic complex, 7km away from the Palasia Square and just 6km away from the Bombay Hospital. The city centre of Vijay Nagar is also very close by to this area. The apartment prices here range between Rs 12 lacs and Rs 30 lacs. The property has been approved for home loans by all major banks like HDFC, ICICI, LIC SBI, and Housing Finance Ltd.
Hey, the Shalimar Swayam project is perfect for a budget apartment. These apartments are being called smart apartments because they promote smart utilization of space at affordable prices. I think these are perfect for small families. There are 1, 2, and 3 bhk apartments available here, so you can check them out and decide whether you want to go for the 2 or the 3bhk. The property location is also very good, as it is located in the heart of the new emerging centre of Indore, in Sukliya.