Overview of Gulmohar Colony Extension, Indore

Location and Accessibility

• Gulmohar Colony Extension is set in an essential area of Indore, allowing for easy access to key city locations.
• Its closeness to notable roads like Kanadia Road increases its connectivity.

Property Prices and Trends

• Property prices in Gulmohar Colony, Indore, differ based on type and size.
  • For residential flats, the cost starts around ₹2,364 per sqft for a 550 sqft property and rises to ₹3,778 per sqft for a 900 sqft property.
  • Houses and larger properties have varying prices according to size and amenities.

Available Types of Properties

• Flats/Apartments: Come in many setups such as 2 BHK, 3 BHK, and more.
  • These can range from about 550 sqft to larger spaces, addressing different family sizes and needs.
• Houses: There are independent houses and villas providing more space and privacy.
  • Specifically, you can find 6 BHK houses spanning up to 2200 sqft in this area.

Amenities and Infrastructure

• This area boasts basic amenities like schools, hospitals, colleges, and medical shops, which help maintain a convenient lifestyle.
• The location's proximity to markets, malls, and other commercial spots boosts its attractiveness.

Rental Options

• Rental properties, like 2 BHK flats, are available for about ₹18,500 per month.
  • These often cover around a carpet area of 1200 sqft and are in handy locations near markets and amenities.

PropertyWala's Conclusion

Gulmohar Colony Extension, in Indore, is a top choice for buyers and renters, blending affordability with luxury options. Its prime spot, robust connectivity, and key amenities make it an appealing area. With diverse property types and competitive pricing, it stands as a worthy option for your real estate goals.