Rangwasa area review

Q: How is the Rangwasa locality? Can I buy a property as an investment for the future?

Naveen Jaitley, Indore

12th June 2014

Locality Review in Rangwasa, Indore

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Rangwasa is basically a small village in Indore, which is in the south of Indore. It is around 14 kms from the main heart of Indore city. One of the major landmarks near the village is the IIM Indore campus, which is only 3kms from the area. It is a developing area, but you can't currently live there because you have to go to Indore city to get any amenities. But, the area has many educational institutions and hospitals, so if you are buying a property here, not only will it appreciate in the future, but you can also give it for rent for the many students who study near the area. I think it is a very good investment decision if you are buying a property there.

Aditya Jogi, Indore

13th June 2014

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Yeah, even I agree that this area will become popular in the future. Indore city is becoming very populated, so many builders are building properties outside of the main city. So, in the future all these areas will see a price increase. There are numerous educational institutions in the area, and this has recently become a main education hub for Indore. There is a lot of development happening, and there is also a railway station near the area called the Rau Railway Station. There are a few builders who offer apartments, villas, row houses, and empty plots as well in this area. The Shubham Greens, Vrindavan, and Treasure Fantasy Rangwasa are a few of the projects in the area.

Faizan Khan, Indore

13th June 2014

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