Real Estate Forum in Vijay Nagar, Indore

Latest Answer: Hello Prakash, I can understand your concern. I would like to suggest you to consult a reputed lawyer to know about the legal aspects of the order and what is mentioned in your property agreement. After consulting with the lawyer, you can file a case against Builder.

Latest Answer: Hey, the state of infrastructure around the locality is quite good. The region has good schools like Prestige Public School, and St Arnold School. Also the area has a couple of decent hospitals like Ashadeep Hospital, and Life Care Hospital.

Latest Answer: Hello friends. This area is very well connected through busses. All the busses that go from Panchwati - Tejaji Nagar, Nipania - Gandhi Nagar and Arbindo - Mhow Naka pass through Vijay Nagar. This area is also easy to reach through the Metro Taxi, Star Cab or luxurious car services.

Latest Answer: Yes even property wise, Vijay Nagar has so many options. Multistorey apartments, luxury apartments, residential complexes, independent houses, gated communities and plots. Most of the home buyers are attracted to resale projects now because no new residential project is coming up. So this will again, I think increase the prices in the locality. The price per square feet has gone up from Rs 2762 per sq ft to Rs 3034 per sq ft in the past six months alone. People are more interested in buying bungalows and low rise structures over here. Definitely a good locality for you to live in. Especially if you have a great, well paying job! :P

Latest Answer: A 5bhk for 80 lacks is a really good deal. Ask anyone. Plus, there are many facilities offered here that you do not find in other complexes like a tennis court and library. The area is good and well-maintained with many hospitals, schools and shopping complexes close by. I would say investing now would be ideal as you will surely get an appreciated value in the future, especially for a 5bhk. From all the 5bhk options (and there aren't many in Indore) this seems the most lucrative.Also, posession is available from August 2014. Hope you find what you are looking for.

Latest Answer: The prices given above are very true. The area has become very popular recently and you should consider buying an apartment here. There are some many good builders who have constructed apartments here. Nariman Enclave has 2BHK and 3BHK apartments for around 27 lakhs and 36 lakhs respectively, Gyansheela Super City is another good project which has 1BHK, 2BHK, 3BHK, and 4BHK apartments for around Rs. 2000 per sqft. IBD Belmont Park and Man Royal Platinum are other projects that you can choose from.

Latest Answer: I agree. Check out some other properties in this area before you settle. The problem with the Gyansheela Super City project is that I feel the apartment sizes are too small. The 1bhk is only 530 square feet and the 2bhk is only 900 square feet. And this is only the built-up area. The actual carpet area available to you might be smaller. You can try out some other apartments in this locality like the Shikhar Balaji Skyz, or the Casa Greens. Both these projects are on A.B. Road. There is another Gyansheela project coming up on the A.B. Road – the Gyansheela Silk Space. I think you will like this better than the Gyansheela Super City

Latest Answer: Hey, I think you should go for the row houses in the Nariman City project. The total built-up area of these houses is around 1360 square feet, and they are priced at an affordable Rs 2450/sq. ft. so they will cost you roughly around Rs 33 lacs. This township is quite close to the offices that are going to be set up by TCS and Infosys. So it will see a huge price appreciation soon enough. The plots from phase I of this project are available at a resale value of Rs. 1250 to 1400/sq. ft.

Latest Answer: Apart from that, Vijay Nagar falls on MR 10, which will no doubt increase the value of the real estate market in the locality. It is also close to tha AB ROad and the eastern ring road, offering good connectivity and fast access to the other parts of the city.