Real Estate Properties in Gwalior

Gwalior is a prominent city in the state of Madhya Pradesh, famous for its historical significance. The location of this city is strategic in India’s Gird region. It’s famous for its fortresses - many kingdoms in the past used this place as their centers. Presently, Gwalior comes under the National Capital Region.

The name of the city is said to be derived from the name of a sage called Gwalipa. He requested a prince, Suraj Sen to build a wall around the hill in order to keep the wild animals away from the other sages while they performed their yajnas. The Gwalior Fort in the city attracts many tourists from India and abroad.

Gwalior is a metropolitan city. It’s called the tourist capital of Madhya Pradesh. A few other names include the City of Scindia, the City of Rishi Galav, and Tansen Nagari. It’s located to the south of Agra, just 319 km from Delhi, the national capital, and 423 km away from Bhopal, the state capital. Gwalior belongs to the Gwalior district and the Gwalior division. This city lies amidst the major commercial and industrial zones of its neighboring districts.

Stats And Facts

• The population of Gwalior, as per the census report of 2011, stands at 10,69,276.
• According to the same report, the sex ratio in Gwalior is 879 females per 1000 males, which is below the national average sex ratio of 940 females per 1000 males.
• Gwalior has a literacy rate of 74.74%, according to the census of 2011.
• The city houses India’s only Border Security Force Academy.
• Morar Cantonment in Gwalior is a major Indian Army Cantonment. It also has an Indian Air Force station.
• NRIITM, IITM, and IITTM in Gwalior are the prominent universities situated here.
• Gwalior is among the largest cities in Central India.
• The Tomaras, the Mughals, and the Marathas under the Scindias have ruled Gwalior.
• The temple in Gwalior is the first place where the number zero was written in the world.
• Gwalior is the fourth city in India to have a dedicated cycle track.
• The narrow gauge tracks in Gwalior are the narrowest in India.

Tourism And Processing Industry

• The tourism industry in Gwalior contributes majorly to the economic growth of the city. There are numerous places here, which attract tourists from every part of India and across the world. Gwalior Fort, Teli ka Mandir, Gurudwara, Sun Temple, The Rock-Cut Jain Sculptures, Maharaj Bada, Gopachal Parvat, Tomb of Rani Lakshmibai, Vivsvaan Mandir, Jai Vilas Mahal, Shyam Vatika, and Tansen’s Tomb are some of the many places that attract tourists.
• Apart from tourism, the processing industries spread across various sectors contribute to Gwalior’s economy. The dairy, chemical, and textile industries in the city are important.
• Apart from these, there are other manufacturing industries as well. Some of the companies that have their units in Gwalior are SRF, Cadbury, Ranbaxy Laboratories, Surya Bulbs, J. K. Tyres, and Siya Ram.
• There are small-scale and handicraft industries in Gwalior that add to the city’s economy in a small way.

Connectivity

• The railway connectivity of Gwalior is very convenient and connects the city to most major Indian cities. The Gwalior Junction is the main railway station in the metro area of Gwalior, which falls under the Jhansi division of North Central Railways. There are five tracks intersecting at this junction from Agra, Jhansi, Shivpuri, Bhind, and Sheopur Kalan.
• The city of Gwalior falls on the main lines between Delhi and Mumbai, and Delhi and Chennai. It’s connected to all major cities like Delhi, Kolkata, Mumbai, Chennai, Bengaluru, Bhopal, Hyderabad, Pune, Indore, Agra, Ujjain, Jabalpur, Kochi, Jhansi, Jaipur, Thiruvananthapuram, Lucknow, Kozhikode, Kollam, and Jamshedpur every day.
• Birlanagar, Rairu, Sithouli, Ghosipura, Moti Jheel are some other stations in Gwalior. This city also is a stop on the route of the luxury trains like the India on Wheels, and the Maharaja Express.
• Gwalior is well-connected to major cities in India via different state and national highways. The National Highway 75 passes through Gwalior, which connects it to Jhansi to the south. Whereas the National Highway 3 (NH-3), which is also called Agra-Bombay National Highway, connects it to Shivpuri and Agra, and Mathura.
• Bus services connect Gwalior to most prominent cities in the neighborhood. Roadways can easily reach cities like Bhopal, Delhi, Agra, Jhansi, Jhabalpur, Morena, Dholpur, Bhind, Jaipur, Datia, Etawah, and Indore.
• Gwalior has its own airport called Gwalior Airport or Rajmata Vijya Raje Scindia Vimantal. There are flights to Mumbai, Indore, Bhopal, and Jabalpur, run by Air India and Ventura Airconnect.
• The intra-city transport in Gwalior comprises the public transport system. It is made up of auto-rickshaws, taxis, tempos, and microbuses. Gwalior City Buses are run by the municipal corporation of Gwalior, which runs on some select routes in the city. Apart from these, Blue Radio Taxis are also available. Gwalior also has a cycle track stretching across 35 km in the city.

Gwalior Civic Administration

• The civic administration and infrastructure of Gwalior falls under the responsibility of the Gwalior Municipal Corporation (GMC).
• The city of Gwalior is divided into 60 wards.
• The people elect a corporator for each ward.
• The winning party, who are in-charge of the different departments under GMC, elects a council of members.
• A mayor is chosen amongst the council members.
• Presently, there are sixty-one members in the council of Gwalior.
• The departments of revenue and tax, planning and development, public works, water supply, health and sanitation, fire brigade, and finance and accounts come under the Municipal Corporate Office.
• The Commissioner of Gwalior heads the Municipal Corporate Office.

Gwalior Infrastructure

The infrastructure of Gwalior is rapidly developing. Gwalior’s location is a major plus point for the city’s development. The Golden-Quadrilateral project’s North-South corridor passes through the city of Gwalior, bringing in major infrastructural improvement in the metro.

Because of Gwalior being the main junction for the trains on the Delhi-Chennai line, and its accessibility to the National Highways 3, 75 and 92, there are 3 industrial areas around Gwalior, namely Malanpur, Banmore, and Sitholi. The presence of these has transformed the city into an industrial hub, compelling the government to take drastic steps to better the infrastructural facilities.

The railways of Gwalior are being developed majorly, with the Government building escalators in the station. Apart from these, the primary infrastructure is also being actively targeted. Roads, malls, residential projects, drainage and sewage facilities, and healthcare are being looked into. The Industrial Infrastructure Development Corporation (Gwalior) M.P. Limited has been set up to assist, establish, and promote the industrial growth regions.

Infrastructure Projects

Gwalior Real Estate

• The realty sector in Gwalior is witnessing a major boom, considering its proximity to the capital. It’s a part of the NCR, which has increased the demand of property here immensely.
• With increasing infrastructural developments being seen in the city, more and more investors are showing interest in investing in Gwalior.
• Residential projects in Gwalior are seeing a lot of activity  because with other NCR regions being over-crowded, people are moving towards alternative regions nearby to buy property at affordable rates.
• Building of malls and IT parks is attracting more people to settle in Gwalior, increasing the demand for space.

Key Localities In Gwalior

Charges By Different Government Bodies

Property Registration

Stamp Duty: 7.5% (Additional duty of 4% on value of property may be levied in a certain case.)

MPMKVVCL – Supply Of Electricity In Gwalior

Madhya Pradesh Madhya Kshetra Vidyut Vitran Company Limited (MPMKVVCL) is responsible for distributing electricity to the households and companies in Gwalior. The company aims to maintain a balance between quality and tariff to make sure it’s in the best interest of the consumers.

Electricity Tariff

Domestic Category

Category 1. For consumers who have been sanctioned a load of under 100 W and consumption under 30 units per month

Category 2.

Gwalior Municipal Corporation – Water Supply

A water supply plant was set up in Gwalior to provide water to the city. The GMC has a department under it that takes care of the potable water needs of the public in Gwalior.