A Guide to the Posh Areas in Indore

Welcome to Indore, the commercial capital and the heart of Madhya Pradesh. Situated in an upland area between the Saraswati and Khan rivers, both tributaries of the Shipra River, Indore boasts a strategic location as the primary collection and distribution point for western Madhya Pradesh. With a bustling population, the city thrives as a significant commercial and industrial centre, hosting key industries such as textile manufacturing, tile production, cement, chemical, furniture, and much more.

This guide reveals the top 7 posh areas in Indore, providing insights into property prices and popular attractions. Use this invaluable resource to make an informed decision about your ideal urban residence.

Top 7 Posh Areas in Indore

Vijay Nagar

Situated in the eastern part of the city, Vijay Nagar stands as a prominent residential area in Indore. Its strategic location provides easy access to key transportation hubs, including the Indore Junction Railway Station and Devi Ahilyabai Holkar Airport, with buses serving as the primary mode of transport.

The area is also home to esteemed educational institutions such as Prestige Public School, SICA School, Daisy Dales School, Amity Global Business School, and St. Arnold School. Additionally, Vijay Nagar hosts reputable healthcare facilities, including Bombay Hospital and Life Care Hospital.

With residential property prices ranging between Rs. 3,000 and Rs. 5,000 per sq ft, Vijay Nagar offers residents a desirable blend of convenience and comfort.

Mahalaxmi Nagar

Mahalaxmi Nagar stands out as an upscale neighbourhood in Indore, attracting young professionals due to its proximity to the TCS and Infosys Special Economic Zones.

This vibrant locality is home to several esteemed educational institutions, including Little Millennium Play School, Pioneer Convent School, Kiddie Cloud Pre-School, Rutherford International School, and Sri Ayyappa Public Higher Secondary School.

Residents of Mahalaxmi Nagar have access to a wide range of shopping and entertainment options, with malls like C21, Mangal City Mall, and Malhar Mega Mall nearby. The cost of residential properties in Mahalaxmi Nagar typically ranges between Rs. 3,500 and Rs. 5,000 per sq ft.

Super Corridor

The Super Corridor, one of Indore's upscale areas, has garnered significant attention for its potential for premium residential development. Spearheaded by the Indore Development Authority (IDA), this project covers a 12-kilometre stretch from Vijay Nagar Square to the Indore Airport and features 18 commercial developments, including a mall, sports complex, convention centre, and medical facility.

The area boasts several renowned educational institutions, such as Academic Heights Public School, Infant Jesus School, Vedansh International School, and Oxford International School. The property prices in Super Corridor range from Rs. 2,000 to Rs. 8,700 per sq ft.

Nipania

Nipania is emerging as a rapidly growing and affluent neighbourhood in Indore, surrounded by upscale areas like Vijay Nagar, Bapu Gandhi Nagar, Deep Palace Colony, and Mahalaxmi Nagar.

Its strategic location near the Sanwer Road Industrial Area and the Indore Special Economic Zone makes it a magnet for thousands of employees. Additionally, Nipania boasts prestigious educational institutions such as Delhi Public School, Bhavans Prominent School, and Provenance Academy.

The property prices in Nipania typically range between Rs. 3,500 and Rs. 5,500 per sq ft, reflecting its status as a sought-after residential destination in the city.

Rau

Rau is a prominent city situated near Indore's industrial hub, close to Pithampur and NH52. Known for its strategic location near key areas like Hasanji Nagar, Shramik Colony, Gurukul Colony, and Ashok Vihar Colony, Rau offers convenience and accessibility to residents. The Rau Railway Station, located on the Akola-Ratlam line, provides easy connectivity, while the Indore Junction Railway Station is just 14 kilometres away.

The locality boasts several reputable schools, including Prerna Public School, Golden International School, Vidhya Public School, Maharishi Vidya Mandir, and Oxford Academy.

Residential properties in Rau range from Rs. 1,490 to Rs. 9,000 per sq ft.

The LIG Colony

LIG Colony emerges as a promising residential area in Indore, conveniently connected by major roads like Astha Talkies Road, AB Road, and Badi Bhamori Main Road. Initially developed by the Indore Development Authority, it comprises 15 sectors, from sector A to sector M2.

Notable educational institutions in LIG Colony include Little Dolphins Montessori School, New Horizon School, Gyanodaya Vidhyalaya, and Globus Academy.

The prices for projects in LIG Colony typically range between Rs. 4,500 and Rs. 13,500 per sq ft, reflecting the growing popularity and demand for residential properties in this burgeoning locality.

Chandan Nagar

Chandan Nagar is a burgeoning suburb of Indore divided into eight sectors, each boasting over 300 homes. Its strategic location near the Indore International Airport has escalated real estate prices, positioning it as one of the city's most upscale neighbourhoods.

The area is home to several renowned educational institutions, including Al Hira Public School and Saint Jyoti Convent High School, catering to the educational needs of residents. Property prices in Chandan Nagar typically range between Rs. 3,300 and Rs. 8,000 per sq ft.

Things to Consider When Buying a House in Posh Areas in Indore

Finances

Acquiring a home in Indore is a significant and often challenging financial decision. Balancing high-quality amenities with reasonable prices can be difficult. Before making a purchase, it's crucial to calculate all associated costs meticulously. This includes factoring in expenses such as property tax, stamp duty, and registration fees to ensure effective financial management throughout the process.

Accessibility and Neighbourhood

Look for areas with good transportation links, including proximity to bus stops or train stations, making commuting easier. Additionally, take note of the overall safety and cleanliness of the area to ensure a comfortable and secure living environment for you and your family.

Amenities Provided

When picking a property developer, focus on getting top-notch amenities like great security systems and reliable water and electricity services. Assess the neighbourhood for amenities like grocery stores, schools, parks, and healthcare facilities, ensuring convenience in daily life. Also, consider having extras like clubhouses, pools, gyms, and fun areas to ensure you enjoy living there.

Advantages of Buying a House in the Posh Areas in Indore

• Better community: Living in Indore's posh areas connects you with a community of like-minded individuals and welcoming neighbours.
• Access to superior facilities: Upscale neighbourhoods offer better amenities like well-maintained parks, entertainment centres, religious sites, and improved transportation options, enhancing residents' quality of life significantly.
• Enhanced resale value: Properties in sought-after Indore neighbourhoods boast higher resale values and rental rates.

Conclusion

Top 7 Posh Areas in Indore

• Vijay Nagar
• Mahalaxmi Nagar
• Super Corridor
• Nipania
• The LIG Colony
• Rau
• Chandan Nagar

Things to consider when buying a house in posh areas in Indore

• Finances
• Accessibility and neighborhood
• Amenities provided

Advantages of buying a house in the posh areas in Indore

• Better community
• Access to superior facilities
• Enhanced resale value