Indore City

Indore is a major city and commercial center of the state of Madhya Pradesh in central India. Indore is located 190 km west of state capital Bhopal. According to the 2011 Indian census, Indore city has a population of 1,516,918. It is the 15th largest city in India and the 147th largest city in the world. It serves as the headquarters of both the Indore district and Indore division.

Indore is the only city of India having an IIM and an IIT. These two premier education institutions are located in the city, not very far from the city center. Raja Ramanna Centre for Advanced Technology, a unit of Department of Atomic Energy, Government of India, engaged in R&D in non-nuclear front-line research areas of Lasers, Particle Accelerators and related technologies, is located in Rau, Indore.

Indore is the largest city of Madhya Pradesh as per 2011 census. Indore is the commercial capital of the state. It houses 2 Special economic zone, Pithampur and Sanwer. Pithampur, called as the 'Detroit of India', has many automobile industries and some of the largest pharmaceutical companies. Sanwer, on the other hand, has steel industries.

The Indo-German tool room is also located in sanwer SEZ. As the city is expanding, it shares its border with 2 cites, Ujjain and an industrial town called Dewas. Ujjain is one of the seven sacred cites of india. Ujjain having many famous temples has a lot religious tourists coming in. Dewas famous for the RBI press, has many industries, like automobile parts manufacturing companies. Indore serves as a business hub of central India..

Exisiting market and demand of real estate in Indore

Indore has a very good potential for business and industrial growth, which has increased the need for Corporate offices in the city. Recent years have seen a growth in demand for real estate and corporate offices, as the city is developing rapidly because of various industries are set near by the city. All the industries are having their corporate offices in the main city and the present location of the project is the best part for the corporate offices. The growth of service sector is very rapid as well in the city which is also increasing the demand for the corporate offices in the city. According to an estimate, in the coming years there is a demand for atleast 50,000 units a year in Indore for the corporate offices.