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Old April 3 2012, 02:32 PM   #1
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Default Master Plan 2021 - Indore

Hi All,

Greetings...

Pls someone provide me the following informations:

1. Indore Masterplan 2021, Pls share the link....
2. Which locations are best suited for investment horizon of 2-3 years, what are the prevailing market rates and stage of construction. This is for IT developer so it must be near existing or proposed IT SEZs
3. Property should be 2-3 BHK but with budget constraint of Rs. 35L.

Thanks

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Old April 29 2012, 07:19 PM   #2
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Wink

if you looking for investment.. why not go for a safe, registered plot, instead of a flat.

With land appreciation is always more, no maintenance cost and on top of that in Indore rents are not very good for flats...

with land you always have the option of building two/three floors once you have money...

some of the colonies like Singapore Lifestyle on Super corridor near TCS and INFY are also proving LiC housing loan for plot.. i & my three friends have bought plots there.. we are from.. WIPRO Pune
 
Old April 29 2012, 07:31 PM   #3
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Quote:
Originally Posted by tipto View Post
if you looking for investment.. why not go for a safe, registered plot, instead of a flat.

With land appreciation is always more, no maintenance cost and on top of that in Indore rents are not very good for flats...

with land you always have the option of building two/three floors once you have money...

some of the colonies like Singapore Lifestyle on Super corridor near TCS and INFY are also proving LiC housing loan for plot.. i & my three friends have bought plots there.. we are from.. WIPRO Pune
Hi tipto,

Thanks for reply

Can you please share the further details such as :

-Plot sizes
-Unit area rate
-Loan facility & percentage availability of plot cost
-Is it CLP or DP
-Key/Location plan
-township area etc etc..




-
 
Old May 15 2012, 01:38 PM   #4
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Quote:
Originally Posted by Designer View Post
Hi tipto,

Thanks for reply

Can you please share the further details such as :

-Plot sizes
-Unit area rate
-Loan facility & percentage availability of plot cost
-Is it CLP or DP
-Key/Location plan
-township area etc etc..




-
I am also interested, it will be good if you could share it..
 
Old August 19 2012, 09:26 PM   #5
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I am from Indore. I believe the progress at Super Corridor is very slow at the moment. It will take at least 5 more years for that property to give some good return.



Quote:
Originally Posted by tipto View Post
if you looking for investment.. why not go for a safe, registered plot, instead of a flat.

With land appreciation is always more, no maintenance cost and on top of that in Indore rents are not very good for flats...

with land you always have the option of building two/three floors once you have money...

some of the colonies like Singapore Lifestyle on Super corridor near TCS and INFY are also proving LiC housing loan for plot.. i & my three friends have bought plots there.. we are from.. WIPRO Pune
 
Old March 11 2013, 12:21 AM   #6
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Hello,

even i am planning to invest 15-20lac in plot.

But I am bit cynical about prospective in INDORE.. may be i am wrong. But based complete talk about so called proposed IT sector which has started way back in mid of 2010.. The price appreciation in last few years is completely based on MARKET SENTIMENTS. however in reality still there are no any concrete STEP taken by this 2 IT majors....

And who knows if it never sees the light.. and even if it happens... to completely materialized the ACTUAL township nearby this companies.... I would assume it may not be less that 10-15 yrs..

What are your view...

Happy Investing...!
 
Old March 13 2013, 12:21 PM   #7
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Two reasons why investment in land can not go wrong in India:

Decrease in number of nuclear families
Population growth (we need more agri land and residential land at the same time)

Forget everything else (development etc etc)
 
Old June 11 2013, 04:30 AM   #8
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Quote:
Originally Posted by tipto View Post
Two reasons why investment in land can not go wrong in India:

Decrease in number of nuclear families
Population growth (we need more agri land and residential land at the same time)

Forget everything else (development etc etc)
Hi, can you please let me know current rate for land in Super corridor? Any other good land projects there?
 
Old June 11 2013, 11:53 PM   #9
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Quote:
Originally Posted by punetesting View Post
Hi, can you please let me know current rate for land in Super corridor? Any other good land projects there?
in 1-2km radius price is in range of 1000-1600 psft, beyond 4km it is in 500-800 psft
 
Old June 12 2013, 11:52 PM   #10
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Quote:
Originally Posted by StillSearching View Post
in 1-2km radius price is in range of 1000-1600 psft, beyond 4km it is in 500-800 psft
are these prices for residential or agricultural land
 
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