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Real Estate Forum on Infrastructure In Indore

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A new mobility plan for Indore
Q: I read that Indore will get better infrastructure and that some mobility plan is being devised out. Can you tell me more about it?

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Latest Answer: Oh. That's okay I guess. Parking in Indore has become a major issue now and I think people should use o more of the public trasnport because it is efficient, reliable, safe and also affordable.
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Information on Policy reforms on land acquisition in Indore
Q: Hey guys, I heard that some land reforms are set to happen in and around Indore. Any idea on what it could be?

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Latest Answer: It is also came to know that Farmers from Haryana, Uttar Pradesh, Maharashtra, Tamil Nadu, Rajasthan, Haryana and other parts of the country put forward their views during the meeting. The Tamil Nadu leader though expressed disappointment at not many JPC members turning up for the hearing.
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Information on Diamond Park in Indore
Q: Hey there, I had heard the news of a Diamond Park in Indore a long while ago and has crept up in the news again. What is happening with this? Any idea?

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Latest Answer: Yes. This project faced prolonged delays for issus like land acquisition among many others and finally the agencies submitted a detailed project report (DPR) to the state government but it is still pending approval from them. Also a private partner is being elusive for them to find to contine with this.
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Information on Gianesin Canepari & Partners' supposed real estate investment in Indore
Q: Hey guys I heard that an Italian company is going to invest in real estate business in India? Is it true? Who are what are they? Care to tell me.

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Latest Answer: I found out that they are looking for a joint venture with land owners. Because RBI does not allow a foreign company to buy land or own it entirely but that they can only invest. So this is a tiny bit of complicaton that they can easily get through and later it will be raining money.
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New Beautification Projects in Indore
Q: I'm most probably going to have to move to Indore and I want to know a little more about the new infrastructure projects that are going to be undertaken here. Does the Indore Municipal Corporation have big plans for revamping the city?



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Latest Answer: Hi all, Few days back Lok Sabha Speaker and local MP Sumitra Mahajan, on Monday called on Chief Minister Shivraj Singh Chauhan in the State capital and discussed various city-centric issues with him. issues like purification of two rivers so that the devotees won’t face any problems during the Simhastha fair. Tai also stressed on beautification and development of Lalbaug palace. Tai requested the Chief Minister to develop proper infrastructure facilities for the city by means of construction and maintenance of the flyovers and other routes of the city.
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Flyover at Regal Crossing
Q: I heard about the flyover being planned at the Regal Crossing? Is it true? Should I buy real estate around these areas now or later?

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Latest Answer: Hey there are 3bhk villas as well, which are priced at Rs. 68 lakhs. Other than these, you could also check out the row houses. These are 3bhks and have a built-up area size of around 1900 square feet, and will cost you Rs 47 lakhs. The project has received approvals from, major banks like HDFC, ICICI, SBI and LIC Housing Finance Ltd. The possession date has been announced as end of next year i.e. December 2015, so you still have some time on hand. If you make the booking early, you might be able to make some negotiations on the price.
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