Also, the areas surrounding the proposed sports complex has seen an increase in real estate rates. Because of the many companies that have planned to come to the region, realty prices have shot up. There is a hive of activity in the super corridor area with big companies like Infosys and TCS who have bought acres of land to set up a business. There are also many educational institutions and hospitals coming up in the locality. If you are thinking of investing near the proposed sports complex the price per sq.ft. has increased to around Rs. 2000 per sq.ft, and is going to increase even further.
Yes, you should buy property in that locality. The sports complex is planned to be built on 42.14 hectares of land near the Chota Bangarda and Bada Bangarda region of Indore. The plan is to build a world class stadium, tennis stadium, indoor and outdoor stadiums and an aquatic centre. The stadiums will have a seating capacity of over 50,000. The sports complex can host multiple sports like football, hockey, cricket, and other sports. Globo Sports which is run by tennis player Mahesh Bhupathi, have shown some interest in the sports complex. It will also have other facilities like hotel, theatre, and conference centers
Yes, I have got some information on the sports complex that is to come up in Indore soon. The sports complex is to come up in the north-west region of Indore city. This complex will be near the proposed Super Corridor locality which is located near Indore airport. The Super Corridor is a 12km long stretch developed by the Indore Development Authority.
The sports complex is situated in an area where there is a lot of ongoing development, with an interstate bus terminus, new railway station, and medical centres proposed to come up in the near future. It seems like a good idea to buy property near the sports complex