IDA’s approval revives a delayed startup park and convention centre on Indore’s Super Corridor, boosting commercial growth, jobs, and tech-led real estate demand.
Indore Development Authority (IDA) has approved a Rs 1,508.88 crore budget for 2025-26, projecting Rs 88.12 crore surplus. Major allocations target road development (Rs 432 cr), electrification (Rs 242 cr), flyovers (Rs 200 cr), and housing under PMAY 2.0. New ISBTs and transit hubs promise enhanced connectivity, driving real estate growth in Super Corridor and Vijay Nagar.
Madhya Pradesh government announced a ₹1,500 crore startup-cum-IT park development for Indore's Super Corridor under PPP model, featuring a 22-storey business hub.