Defnitely. There are several other areas 4 to 5 to be precise which has seen some really good improvement over the past couple of years. These are Napania with a value of Rs.2675, Khandwa Road with a value of Rs. 2191, Kanadia Road, Bicholi Mardana with a value of Rs. 2032.
Guidance value of Indore is pretty inexpensive even in the most popular areas when compared to Tier 1 cities. Vijay Nagar, one of the prime residential locations in Indore with as many as 15 projects has a value of Rs. 2712 per sq. feet.
Very True. Since Indore is a Tier 2 city and most of the localities are still budding, prices here come pretty cheap. Take for instance Mahalaxmi Nagar and AB Bypass Road the guidance values are Rs. 2647 and Rs. 2341 respectively.