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Home > Forum > Indore > Real estate News > Land value in Nipania in Indore

Land value in Nipania in Indore

Q: Hi, I want to know if there is any improvement in the land value in Indore. I am from Nipania. Please mention if there is any particular benefits in this region also. Thanks.


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Replies (5)
1
Oh yeah..actually, the Valuation committee has recommended the rise in the guideline value of the area by 12%, which is highest in comparison to other parts of the city. I think the meeting of district committee will consider the recommendations of the sub-committee and send the report to Inspector General of Stamp Duty, Bhopal.
Manohar Scindia


2
I think that the major areas of the city would be put in the category, no? But this is not the case of Nipania, because, recently it was included in the ambit of the Indore Municipal Corporation. This area has recorded the highest number of registries in the current fiscal.
Rahat Amin


3
I got to know that the Valuation Committee has completed its field work and the meeting of the sub-committee was held on February 25. The chairman of the sub committee is Mr. Rajneesh kasera. I also got to know that he said that the committee had recommended a rise of at least 25 percent in the value of the property in the whole of Indore.
Arjun Singh Ranawat


4
Sure, i am from Indore. I came to know that apart from Nipania, the other parts of the indore city would also enjoy an increase of 2.5% in the land value. I think that the new value of property would become effective from April 1, 2015.
Naveen Jaitley


5
Oh..yeah..Nipania is actually a newly developed residential locality in Indore city, no..In the recent days, there was a news that the land value in Nipania is set to go up to a very surprising high. I think that there is a 12 percent hike in the guideline price recommended for the area.
Naveen Jaitley


6

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