Ujjain has overtaken Bhopal in residential project registrations for 2024-25, per MPRERA data, reversing years of dominance by the capital. Developers point to CM Mohan Yadav's hometown advantage and 2028 Simhastha preparations as drivers, while CREDAI Bhopal blames an outdated master plan and RERA hurdles for the slump. This shift signals urbanization trends in Madhya Pradesh.
Parsvnath Developers Limited announces the launch of Parsvnath Premier, a residential project in Indore, offering 300 units with leisure activities. The company also aims to develop an SEZ and an integrated township in Ujjain.