Overview of Malharganj, Indore

Location and Connectivity

Situated right in Indore's center, Malharganj is a great choice for living and investing. It has many ways to get around the city, such as:

• Indore Junction railway station
• Saifee Nagar railway station
• Lakshmibai Nagar railway station
• Platform 5&6 at Indore Junction.

Infrastructure and Amenities

In Malharganj, you'll find solid buildings with major facilities:

• Hospitals:
  • Harlalka Nursing Home
  • Chirayu Hospital
  • Singhal Urology And Gynecology Center Indore.
• Educational Institutions:
  • Vimal Higher Secondary School
  • High Light H.S. School
  • Government Subhash Higher Secondary School
  • Government Sharada Kanya Higher Secondary School
  • Government Girls School Booth No. 39.
• Shopping:
  • Divine, a shopping spot that serves the community's needs.

Property Rates and Trends

• For Sale:
  • Most properties are priced between ₹20 Lac and ₹40 Lac.
  • Common types include Commercial Shops, Builder Floor Apartments, and Residential Houses.
  • The most costly house for sale can be ₹70 lakhs.
• For Rent:
  • Rent generally ranges ₹10,000 to ₹15,000 monthly.
  • 2 BHK configurations are the most popular rentals.

Property Types and Configurations

• For Sale:
  • The common room size is 1 BHK, making up nearly 100% of the listings.
  • About 50% of the sold properties are Commercial Shops.
• For Rent:
  • 2 BHK setups dominate, found in both multistorey apartments and private homes.

New Projects and Developments

We see rapid real estate growth with new projects like:

• Residential Plots:
  • Parwati Park by Riddhi Siddhi Consultancy Private Limited
  • Omaxe Pratham by Omaxe Ltd.
  • Emerald Gardenia by Emerald Developers.
• Multistorey Apartments:
  • PM Uplands by PM Creations
  • SS Infinitus by SS Group
  • Sahil Shangrila Homes by JK Highlands LLP.

Lifestyle and Environment

Residents enjoy:

• Easy Transportation:
  • Cabs and autos are readily available.
  • Reliable public transport.
• Market Accessibility:
  • It’s close to markets for convenience in daily life.

PropertyWala's Conclusion

Malharganj, in Indore, features a prime location, excellent facilities, and great connections. It holds a variety of property types - from budget residential units to business spaces - and appeals to different investment needs. Also, new ongoing developments and proximity to hospitals, schools, and shopping spots boost its attractiveness. For real estate investors in Indore, Malharganj is definitely worth checking out.