Latest Answer: Among the Tier II markets, Indore has an advantage because of availability of cheap labour, low interest rates and commercial viability.
For good investment u can look for below areas...
1. Near Airport - not much developed but expecting good return and development after TCS and other companies start functioning.
2. Near Bombay hospital
3. Near Rajendra Nagar
Last two being equidistant from Airport area and city center are doing good in terms of price rise n development.
Latest Answer: Last I heard, the divisional commissioner had directed IDA and IMC both to construct multi-story affordable housing on the slum lands, in some meeting to review the affordable housing scheme. Its a good idea, I think it would serve dual purpose of making the city slum-free and providing affordable houses to needy
