New Loha Mandi, Indore

About

Overview of New Loha Mandi, Indore

Location and Connectivity
  • New Loha Mandi lies in the industrial area of Indore, positioned within the city's warehousing cluster.
  • It boasts excellent links to main roads like the Bypass and ring road, roughly a 20-minute drive from the airport.
Property Types and Prices
  • Residential Plots:
    • Prices range from ₹40 Lac to ₹60 Lac.
    • An example would be a 1000 Sq-ft plot available for ₹54 Lac.
  • Commercial Properties:
    • Options include commercial office spaces and warehouses.
    • These ranges from commercial land plots like a 10000 Sq.ft area; prices will vary depending on specific listings.
  • Flats and Apartments:
    • Under construction, with completion as early as May 2025.
    • Prices can go up to INR 1.18 Cr for a flat near the Indore Bypass Road.
Amenities and Infrastructure
  • The area offers basic amenities and facilities, apt for industrial and commercial use.
  • Warehouses come with modern features like PEB structures and VDF flooring, ideal for industrial needs.
Nearby Localities
  • Closeby spots include Chhoti Gwaltol, Transport Nagar, and Sindhi Colony.
  • These areas blend residential, commercial, and industrial properties, showing diverse and convenient options.
Rental Options
New and Upcoming Projects
  • Several new developments are on offer, featuring residential plots and multistorey apartments.
  • Projects like SS Infinitus, Emerald Gardenia, and Mars Orchid Enclave present a variety of choice, with possession dates set between 2025 to 2028.
Benefits
  • Industrial and Commercial Hub: Perfect for businesses needing warehousing and industrial setups.
  • Great Connectivity: With easy access to primary roads and the airport.
  • Varied Property Options: A range of residential plots, commercial areas, and rental properties are present.
Drawbacks
  • Fewer Residential Options: Compared to other zones, the selection for residential flats and apartments might be limited.
  • Industrial Setting: Predominantly industrial, which could not fit those searching purely for residential spaces.
PropertyWala's Take

New Loha Mandi, Indore, shines as an appealing area for commercial properties and industrial ventures, owing to its strategic placement and contemporary infrastructure. Although housing options are available, it caters more to businesses and investors seeking storage and commercial properties. For buyers and renters, it balances connectivity, amenities, and varied property types, making it a strong choice in Indore's real estate market.

Nearby

  • Transport

    • Sarvate Bus Station (~1 km)
    • Indore Junction (~2 km)
    • Hindustan Petroleum (~2 km)
    • Lakshmibai Nagar (~6 km)
    • Devi Ahilyabai Holkar Airport (~9 km)
    • ISBT / MR 10 Flyover (~10 km)

  • Shopping & Dining

    • Lotus Electronics (~1 km)
    • Pizza Hut (~1 km)
    • Sapna Sangeeta Mall (~1 km)
    • Central Mall (~2 km)
    • Chai Sutta Bar (~2 km)
    • Anoop Nagar Market (~5 km)

  • Healthcare

    • New Kashyap Clinic (<1 km)
    • New Dilip Medical Store (<1 km)
    • Dr. Hardiya Advanced Eye Surgery And Research Centre (<1 km)
    • Anand Hospital And Research Centre Pvt.Ltd. (<1 km)
    • Davaindia Generic Pharmacy (<1 km)
    • Truderm Skin Clinic | Dr.Garvita Singh Best Dermatologist in Indore | Skin Clinic Indore | Best Hair Transplant in Indore (~4 km)

  • Education

    • Deaf Dumb And Blind School ""Sewa Mandir" (<1 km)
    • Shaskiya High School (~1 km)
    • Government Holkar Science College, Indore (~2 km)
    • MGM Medical College (~3 km)
    • Central Library, DAVV (~3 km)
    • Indian Institute of Management Indore (~17 km)

  • Leisure & Entertainment

    • Palsikar Gol Bagicha (~1 km)
    • INOX - Sapna Sangeeta Mall (~1 km)
    • Jawaharlal Nehru Stadium (~2 km)
    • Kamla Nehru Prani Sangrahalaya (~2 km)
    • Basketball Stadium (~3 km)
    • DAVV Auditorium (~4 km)

  • Services

    • ICICI Bank (<1 km)
    • Indian Bank (~2 km)
    • G.P.O. Indore (~2 km)
    • Gandhi Hall (~2 km)
    • District Court (~2 km)
    • Bhanwarkuan Police Station (~4 km)

  • Religious Places

    • GURUDHWAWA (<1 km)
    • Boliasarkar ki Chatri (~2 km)
    • Bohra Mosque (~2 km)
    • Gopal Mandir (~2 km)
    • ISKCON CENTRE VISHNUPURI (~3 km)
    • Holy Spirit Church (~3 km)

  • Business & Hospitality

    • Champabagh (~1 km)
    • Lemon Tree Hotel (~2 km)
    • Lemon Tree (~2 km)
    • HRJ Sarovar Portico, Regal Square, Indore (~2 km)
    • SEZ (~4 km)
    • pologround Industrial Area (~5 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of New Loha Mandi

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News

Indore’s MR-11 Road Faces Delays From More Than 200 Structures

Amar Ujala · · Infrastructure

Indore Development Authority is building MR-11 in stages, while more than 200 structures obstruct completion of its planned 60-metre-wide route to AB Road.

Key facts
  • Indore Development Authority is constructing MR-11, a 60-metre-wide road linking the bypass with AB Road and the New Lohamandi area. Work currently extends only from the bypass to the entrance of Dewas Naka Basti; completion to AB Road remains undecided. A link road connecting MR-11 to Niranjanpur is also being planned.
  • The article describes the road as 3 km long and says more than ₹50 crore is being spent on 2 km. The bypass-to-settlement section is expected to be completed within a year.
  • More than 200 structures, including large warehouses, obstruct the 800-metre stretch between Dewas Naka Basti and AB Road. The authority has asked the municipal corporation to remove them, but no removals have occurred.
  • The road is expected to ease heavy-vehicle traffic on MR-10, where buses heading towards Delhi, Bhopal and Agra travel, and reduce traffic through residential areas along MR-10, Sukhlia village and Chandragupta Maurya statue junction. More than 40 colonies and rural areas connect to MR-11.
  • The route was planned in the 1975 master plan. A proposal to fund it through the Simhastha allocation was made 10 years ago, but that funding was later assigned to MR-4. Local real-estate representatives say nearby townships have developed and urge completion to AB Road.
Indore-Dewas Road flyover work triggers traffic diversion

The Free Press Journal · · Infrastructure

A six-lane flyover at Dewas Naka in Indore has led to a trial traffic diversion plan from February 3 for the next four to five months.

Key facts
  • Madhya Pradesh Road Development Corporation (MPRDC) is constructing a six-lane flyover at Dewas Naka Square in Indore.
  • The flyover is 900 metres long, started about six months ago, costs ₹74.48 crore, and is expected to be completed by 2026.
  • A trial traffic diversion plan starts on February 3.
  • Vehicles from Satyasai to Manglia must use New Loha Mandi instead of Dewas Naka Square.
  • In the next two to three days, MPRDC will begin work on one lane between Dewas Naka Square and Laxmi Petrol Pump, forcing vehicles in both directions onto alternate routes.
  • Vehicles from Bapat Square to Manglia will turn left at Prakash Petrol Pump, pass NIFD College, turn right at New Loha Mandi Square, then go via Diesel Car Service and Tiranga Tiraha to CKD Dhaba.
  • Vehicles from Nipania Square to Manglia will use the same route via New Loha Mandi Square.
  • Heavy vehicles from Manglia to Khandwa must use the bypass road from the Manglia toll booth instead of entering Manglia village.
  • Vehicles from Manglia will be diverted right at CKD Dhaba and travel on the opposite lane to reach Dewas Naka.
  • If the trial works well, the diversion will remain in place for four to five months.
News items from other publishers are their reports, condensed; follow the link for the full report. PropertyWala.com is not their source.

Sale Properties

Multipurpose Building for sale in Rajwada, Indore
₹ 5.51 Cr

Multipurpose Building for sale in Rajwada

₹ 5.51 Cr

  • 1,536 SqFeet
  • ₹35,872/SqFeet
  • Immediate

Multipurpose building for sale in Rajwada, Indore

: Multipurpose building for sale in Rajwada, Indore. A premium shopping complex, retail showrooms, or a high-capacity warehouse/godown. Key Features: Plot Size: 1535 Sq. Ft. Ground floor - 5 shops 1st floor - 1350 office full space 2nd floor - 1350 office full space and terrace Massive Frontage: 60...
Posted: by M W Raeen
Property ID: P829394298

Price Trends

Locality ID
A201136911
PinCode
452001