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Real Estate Forum on Indore Realty Updates

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi, I think that Indore should have a connecting highway to various cities for its development. Is there any new development going on in this direction?






Latest Answer: The simhastha 2016 is going to get some great attention as far as I am concerned. For this, there is a very important need to construct Sanwer-Kshipra road and Debalpur-Betma road.
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Q: Hi, I want to know more about the proposed guidelines for the property in Indore. Can you tell me more about this?



Latest Answer: Despite of clear instructions by the IG stamp and registration to explain the reason for hiking and reducing the values of particular areas, the administration failed to do so. Now, even after the SDO of Indore Rajneesh Kasera had repeatedly asked the registrar office to mention the reason as well, but the office did not heed the matter.
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Q: Hi, I am a resident of Indore and I recently came to know that there has been some developments that may affect the housing in Indore, specially for the construction of the Sewage plant here. What is it actually?




Latest Answer: Oh yeah..i also came to know about this. Along with this, developer has to deposit 15% of total project as shelter fund and development fee. I think, this is sure to create some strictness in enforcing the law and eradicating housing problems.
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Also see discussions for
Q: Hi, Recently, I came to know that Indore is planning for a light metro project. I am curious to know more about this project. If anyone has some latest information regarding this, please let me know.








Latest Answer: I think that the information from the authorities are yet to come about the completion of the first phase of the development. In the first phase of the project, as far as I came to know, the decision is that the train will run 15 km per hour under the first phase.
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Q: Hello, I have heard that the IMC have ordered for the removal of PNG Plant. Can I get more news on this?






Latest Answer: I think that the the plant is illegal as gas agency officials could not produce necessary permission. IMC had permitted gas agency to lay pipeline only. We have ordered to remove the plant and encroachment.
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Q: Can I know about the land acquisition for the smart city project in Indore. Is there any news about this?





Latest Answer: Oh at the same time, tendering process for the first smart city in Madhya Pradesh near Ujjain has been delayed. The union government proposes to develop a smart city —which will be an industrial town - near Ujjain under Delhi-Mumbai Industrial Corridor (DMIC) project.
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Q: Hey, I am really interested to know more details about the funds and other financial position of the Indore Development Authority as it is going to be the end of this financial year. If there is any news about this, please feel free to discuss it here.




Latest Answer: One thing I realized from the experience of one of my friend is that the IDA has failed to get good response from buyers for its plots and it has to give large chuck of land to industry on state government`s request, for which IDA has yet not got the compensation.
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Q: Hello, I am Rashika. I wanted to know about the BRTS corridor in Indore. What all are the new developments about BRTS corridor.




Latest Answer: Exactly, that is true. Only the I-buses will be allowed to ply on the 11.5-km long BRT corridor in Indore from Sunday. I got to know that penal action will be taken if any vehicle including cars enter the corridor.
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Q: Hey, my name is Aditya. I wanted to know about the progress of water supply projects from the Narmada river. Can anyone help me in getting some info?









Latest Answer: Can you mention what all are the objectives of this project and how they wish to complete the project?
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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.



Latest Answer: 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.
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