Latest Answer: The econoic meltdown is actually a really big reason and I think that the real estate market in the city is really badly effected by this. Many SEZs in the city would have meant that there will be many more investments in the city, but many of the big builders seem to be withdrawing from the market.
Q:Hello. I recently came across some news that said that most of the SEZ projects that have started in Indore have not taken of yet? What is the update on these projects?
Latest Answer: I dont think there will be any new SEZs or any new developments in Indore any time soon. The recent developments in the service tax in the city will also have an indirect effect on the real estate market in the city.
