Real Estate Forum on Indore Infrastructure

Latest Answer: The thing is district administration had ordered for demolition of the hotel in 2013 after it was discovered that a major portion of the hotel located along side Bypass road was on land belonging to other party also there was news that the maps had been tampered with.

Latest Answer: This hospital has come up in the Vijaya Nagara Area, on the AB road, and this will be an extension to their already existing unit in Gurgaon, and apparently, the cost of medical facilities will be lower here than the other hospitals.

Latest Answer: Heey! Wow! with the construction of these major roads, the areas surrounding them will develope soo much! Im sure that the land prices here will go up once the construction of these major roads begins! I think the real estate sector here will see a rapid increase.

Latest Answer: hey guys, i want add some more info to it. if the project for which the land was needed is abandoned, then the land will not be returned to the private owner. instead, it will be the property of state government itself and will be used for any other upcoming projects or developments that will require land.

Latest Answer: In my opinion this DMIC project is likely to spinoff a lot of development in the nearby satellite towns of DEWAS,small villages like PIPLODA DWARKADISH, GAWDI, MADHOPUR. These unknown places will suddenly have a great market value. My recent visit to these places showed ignorance of the local people regarding such mega developments.I think investors can cash on to this.

Latest Answer: The IDA is carrying on rapid land acquisition in this area for construction of a road connecting the Chhawani Bridge to Madhumilan Crossing. This land acquisition policy of the IDA has led to demolitions of several encroachments. The residents have been protesting against the demolitions so there are some issues regarding the completion date of this project. But once it is done then I think there will be sudden increase in real estate price around Chhawani and Madhumilan. So if you’re planning on buying property in this area then you should do it before the project is completed.