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Real Estate Forum on Buying Properties In Indore

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: What is the real estate scene in Indore at the moment? Is it a good time to invest in property here?
Latest Answer: I agree, the Kanadia Link road will definitely improve traffic situation in Indore. The link road will provide the required width and would aid in free flowing traffic. My only advice is to exercise caution with any illegal structures at or around the property you are planning to purchase, as the construction of the link road would require tearing down any such structures. That being said, in my view this area is an ideal place to invest.
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Q: I was looking at properties to invest in Indore and I heard about DLF’s Gardencity Phase II project. It must be good, since its DLF. Does anyone have some detailed information about this project? I want to know price details, locality details, construction progress details, property details, etc.
Latest Answer: Hey, the villas that are available in the DLF Gardencity Phase II are all 4bhks. They have a total built-up area of 1800 square feet, and are priced at Rs. 2550 per square foot. I think that’s quite a reasonable price as you will be getting a word-class villa for only Rs. 46 lakhs. The plots of lands are for cheaper. The 300 square foot plot costs only Rs 10 lakhs, and the 1500 square feet plot costs only Rs 20 lakhs. The constructions for this project are going on currently, and you can book a villa if you want to. You will get possession of it by October 2014.
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