Mirchandani Shalimar Exotica

By: Mirchandani Group in AB Road

Mirchandani Shalimar Exotica: Premium Living at AB Road, Indore.

Prime Location & Connectivity.

Situated on AB Road, Mirchandani Shalimar Exotica enjoys excellent access other prominent areas of the city. The strategic location makes it an attractive choice for both homeowners and investors, offering easy access to major IT hubs, educational institutions, healthcare facilities, and entertainment centers.

Project Highlights and Amenities.

This project, spread over 1.20 acres, is developed by the renowned Mirchandani Group. The 32 premium units are thoughtfully designed, combining spacious living with modern architecture. Homebuyers can choose from 3 BHK and 4 BHK luxury Apartments, ranging from 1712 sq. ft. to 1800 sq. ft., all equipped with world-class amenities:.

Modern Living at Its Best.

Floor Plans & Configurations.

Project that includes dimensions such as 1712 sq. ft., 1800 sq. ft., and more. These floor plans offer spacious living areas, modern kitchens, and luxurious bathrooms to match your lifestyle.

For a detailed overview, you can download the Mirchandani Shalimar Exotica brochure from our website. Simply fill out your details to get an in-depth look at the project, its amenities, and floor plans. Why Choose Mirchandani Shalimar Exotica?.

• Renowned developer with a track record of quality projects.

• Well-connected to major business hubs and infrastructure.

• Spacious, modern apartments that cater to upscale living.

Schedule a Site Visit.

If you’re interested in learning more or viewing the property firsthand, visit Mirchandani Shalimar Exotica at AB Road, Indore, Madhya Pradesh, INDIA.. Experience modern living in the heart of Indore.

A. B. Road isa bustling residential locality in Indore. With good infrastructure, excellent transport facility, and affordable housing, A. B. Road is truly a sought-after residential area. It attracts a lot of investment, thanks to its proximity to the significant centres of the city. Many reputed educational institutes, such as Mahatma Gandhi Medical College, Sikkim Manipal University, Institute of Advanced Network Technology, Nilgiri College of Professional Studies, and BM College stand tall in the area. Hospitals like Suyash Hospital, Maharaja Yeshwantrao Hospital, Vishesh Hospital, Eureka Hospital, and Rohit Eye Hospital and Child Care Centre reinforce the locality’s social infrastructure.

Connectivity and Transit Points

Indore City Transport Service Corporation Ltd (ICTSL) is the authority responsible for public transportation in Indore. It operates buses throughout the city, many of which pass through A. B. Road. The locality also has a designated BRTS route that runs along for 11.7 km, and caters to around 70,000 passengers daily. Some of the BRTS bus stops lying along A. B. Road are Palasia, LIB BRTS, Press Complex BRTS, M. T. 9 BRTS, and Vijay Nagar BRTS. ICTSL has also established a City Taxi transport service. These on-call taxi services use GPS to ensure seamless transport for the residents of A. B. Road.

Major Landmarks

• Mahatma Gandhi Medical College
• Sikkim Manipal University
• Geeta Bhavan Square
• Palasia Square
• Malviya Nagar Square
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Factors for Growth in the Past

The very first growth factor for A. B. Road came in the form of locational advantage. At the turn of the twentieth century, the rulers of Indore took a keen interest in urban planning. However, natural barriers like steep hills restricted Indore’s growth towards the west. As a result, the city expanded towards the east, propelling A. B. Road on the path of development Much later, the establishment of Indore Development Authority (IDA) and Indore Municipal Corporation (IMC) led to the planned development of the city, and ultimately turned A. B. Road into a residential and commercial hub. In recent years, the rise of the IT and industrial sectors in A. B. Road has fuelled both infrastructure and residential project development in the locality. Ever since, the locality has urbanised tremendously, with people from all over the country migrating here in significant numbers.

Residential Market in A. B. Road

Property prices on A. B. Road tend to fluctuate. In 2014, the average apartment price in the April-June quarter was Rs 2,288 per sq. ft., while the January-March quarter registered Rs 2,273 per sq. ft., on average. The price for independent houses and residential plots, on the other hand, stand at Rs 2,521 per sq. ft. and Rs 16,052 per sq yard, respectively.

Major Challenges

The major problem in A. B. Road is water supply. The area is incapable of meeting the demand of the growing residential population. Most popular analyses predict the rise of urban population in A. B. Road, which will ultimately add to the residents’ water woes.

Factors for Growth In the Future

Housing development is on the rise in A. B. Road. This has been fuelled mostly by the large number of people who migrate to Indore in search of jobs. As the commercial market is predicted to keep expanding, the development of new residential units, especially apartments in A. B. Road is set to continue. The increase in the inhabitancy rate is also certain, which will stir up development of recreational facilities like shopping malls, restaurants, schools, and hospitals. Today, A. B. Road has all kinds of facilities available, but the future will see rapid commercial growth in order to meet the demand. The development of up-market residential complexes is on the rise. A number of developers and builders such as Satya Group, Suncity Projects Pvt. Ltd., and Mirchandani Group, among others, have a myriad of ongoing projects under development in A. B. Road.