Indore, the fastest growing and most popular city of Madhya Pradesh. Indore has been voted as the “cleanest city of India” two years in a row. This city has become the most important investment destination of Centre India. Due to its rapid growth, Indore is included in the first list of smart cities under the “Smart cities Mission” to be developed as a smart city. It also comes under Tier 2 Cities in India. Indore has become one of the major business centers of India, also called the commercial capital of Madhya Pradesh. Indore has now become the major educational hub of the state that is the reason it is the first and the only City of India having “Indian Institute of Management” (IIM) and “Indian Institute of Technology” (IIT) together. Today Real Estate sector of Indore is growing very rapidly. It is the best investing time here, as every big giant of India eyeing towards Indore for investments.
Land Area and Population:-
Indore is spread over a ground area of just 523 square kilometers (523.0 km (201.93 sq mi) making Indore the most densely populated city of center India. As per the 2011 census, the population of Indore is 21, 70,295 approx. In 2018 it is forecasted to be around 3.8 million. It is the Malwa region of the state.
Why Invest In Indore:-
Indore has huge potential for future growth, as the city has the right combination of entrepreneurs, forward-thinking bureaucrats, supportive leadership and advanced-thinking people taking Indore on the right path of development.
Major Areas of the City:-
Indore is appropriately framed into the residential and commercial areas. Here the major markets are laid around Rajwada area (it is the heart of Indore City). The below list is the inclusive one here few major areas are covered into this.
|A.B. Road||Race Course Road||Palasia||Saket|
|Rajwada||R.N.T Marg||Annapurna Road||Jail Road|
|Geeta Bhawan||South Tukoganj||Vijay Nagar||Dewas Naka|
|Lasudia||Mahalaxmi Nagar||Gumashta Nagar||Amitesh Nagar|
|Khajrana||By-pass Road||Ring Road||Rajendra Nagar|
|Kesar Bagh Road||Lokmanya Nagar||Bapat Square||Scheme no 71|
|Sapna Sangita Rd||Tower Square||Navlakha||Airport Road|
|Nipania||Bicholi Mardana||Mahalaxmi Nagar||Silicon City|
Future is Bright:-
All these snowballing factors will make sure a hopeful opportunity for the overall economic growth of the city. Indore is an emerging Real estate market. Several projects are running simultaneously from residential to commercial, Malls, Hospitals, Industries, Hi-rises buildings etc. several projects from the government are also under the pipeline like Metro rail etc. all these ensure the promising future of the most advanced city of center India.