Indore Monorail Project

Q: Has the Indore monorail project been approved? Will it impact real estate if it is constructed? Can anyone tell me which areas are likely to benefit most due to the monorail project?

Vaibhavi Jain, Indore

12th June 2014

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I agree! It might take a long time to get the monorail started. But, if it is then it will definitely create a huge impact on the real-estate picture of Indore. An infrastructural development of this volume will definitely shoot up the property prices in Indore. It is difficult to exactly pin-point exactly which areas would benefit from the monorail, but the areas which the monorails will connect would certainly be favored with huge increase in real estate dealings and prices.

Arjun Singh Ranawat, Indore

13th June 2014

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Hey! The Indore Monorail project was proposed a long time back, and as per my research certain meetings were held between the Indore Development Authority and the Larsen and Toubro officials. The project has been under talks since then. The state government has already given its approval to go ahead with the monorail project. But, I think for such a huge infrastructural development lot of planning and development is required, and thus, it would be a while till we see the first stone for the mono rail is laid.

Rashika Mahajan, Indore

13th June 2014

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