Monday, February 10, 2020

Why Indore is Becoming a Favorite City Among homebuyers?


Indore, the financial capital of Madhya Pradesh received limelight and recognition when its name was announced as the cleanest city in Swachh Sarvekshan 2018. The city has been developing into an economic hub very rapidly. The realty boom is visible in all parts of the city with construction activities and the launching of new projects in Indore. The city is expanding its horizon with projects like Islands Deal, Green Belt, Metro projects, etc. These projects attracted national and international investors alike and acted as a catalyst for development.



People from other states of India come to Indore in search of good jobs and a better lifestyle. The city has various industries and companies that provide ample opportunities to people coming here. Also, the proposed construction of the largest auto testing track of Asia will provide good jobs to rural workers.

One of the major development in recent times has been the interest shown by international investors in the infrastructure development of the city. For instance, the Blackstone Group, one of the major realtors of the US, has shown their interest in investing in shopping malls of Indore. If everything goes well then this will be one of the largest projects by the group in India. These development coupled with others have given rise to higher demand for property in Indore.


Another important development is the creation of a Crystal IT park in the city. Indore, being one of the major cities in Madhya Pradesh, became an attraction for various national and international IT companies. There is tremendous potential for the growth of the IT sector in the city and due to this reason, the demand for residential space will also increase. The state government is also planning to set up an IT SEZ here. With the presence of an IT zone and international airport, the demand for property for sale in Indore will see a new height.

Other than these factors, the presence of educational institutions like IIM and various engineering and medical colleges make the city an ideal destination for buyers. Apart from it, the city has good schools for kids and adults. With a better lifestyle and a good and clean environment, there could be no better city than Indore to settle in.

Parsvnath, one of the famous realtors in the country, has many residents and commercial projects going on in the city. Some of the famous projects by the group is Parsvnath City, a township-based project. With full of all modern and world-class amenities, the township will provide an opportunity to live in a serene environment with unmatched connectivity to the main city. The township is located on the main bypass road in Indore. Just a 20km journey from Indore railway station and surrounded by schools, hospitals.

If you are looking to buy home or flats in Indore, then the Parsvnath group can fulfill your dream of owning a home. For a smooth and hassle-free buying experience, Parsvnath could be a perfect avenue for you and your family.


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