Residency Area, Indore

About

When talking about Indore's Residency Area in terms of real estate, some important points to note come to mind:

Location and Connectivity

The Residency Area is well-known for its strategic location. It provides good connectivity to main markets, malls, and educational establishments. Its proximity to significant landmarks like St. Raphael's and St. Paul's School makes it a popular choice for both families and students.

Property Types and Prices

This area features different property types, including apartments and standalone houses. Renters can expect monthly rents ranging from around Rs 5,000 for a 1 BHK house to ₹25,000 or higher for a 3 BHK apartment, depending on amenities and location. These properties often boast amenities like fully furnished interiors, multiple balconies, and covered parking.

Amenities and Lifestyle

Residents enjoy properties that are usually part of well-run communities complete with plenty of greenery, ample parking, and secure environments. Many of these properties come semi-furnished or fully furnished with essentials like dining tables, sofas, TVs, refrigerators, and microwave ovens. Schools, markets, and religious places are nearby, enhancing the quality of life.

Investment and Rental Potential

Buyers may find the Residency Area compelling due to its appeal to professionals, students, and families. It has an active rental market with potential for profitable returns, especially given its closeness to educational and business centers.

PropertyWala's Final Assessment

Indore's Residency Area is a strong choice for both buyers and renters. Offering convenience, amenities, and a desirable location, it boasts connectivity, varied property types, and potential rental income, making it a sound investment.

Nearby

  • Transport

    • Hindustan Petroleum (~2 km)
    • Navlakha Bus stand (~2 km)
    • Indore Junction (~4 km)
    • Bapat Square (~8 km)
    • Lakshmibai Nagar (~8 km)
    • Devi Ahilyabai Holkar Airport (~12 km)

  • Shopping & Dining

    • Chai Sutta Bar (~2 km)
    • La Pinoz Pizza (~2 km)
    • Lotus Electronics (~3 km)
    • Sapna Sangeeta Mall (~3 km)
    • One Centre (~3 km)
    • Anoop Nagar Market (~4 km)

  • Healthcare

    • Dr. Salil Bhargava (<1 km)
    • Dr P G Raman (<1 km)
    • Soni Medicose (<1 km)
    • Shreyance Clinic (~1 km)
    • Shree Medicose (~1 km)
    • Truderm Skin Clinic | Dr.Garvita Singh Best Dermatologist in Indore | Skin Clinic Indore | Best Hair Transplant in Indore (~4 km)

  • Education

    • DCBM (~1 km)
    • Kendriya Vidyalaya (~1 km)
    • St. Paul Institute Of Professional Studies (~2 km)
    • MGM Medical College (~2 km)
    • Central Library, DAVV (~3 km)
    • Indian Institute of Management Indore (~19 km)

  • Leisure & Entertainment

    • Residency Garden (~1 km)
    • Jawaharlal Nehru Stadium (~1 km)
    • Kamla Nehru Prani Sangrahalaya (~1 km)
    • DAVV Auditorium (~3 km)
    • INOX - Sapna Sangeeta Mall (~3 km)
    • Basketball Stadium (~4 km)

  • Services

    • HDFC Bank ATM (~1 km)
    • G.P.O. Indore (~1 km)
    • Punjab National Bank (~2 km)
    • Zonal Office 18 ( Chatrapati Shivaji Krashi Vihar) Ward : 51,52,53,63 and 64 (~2 km)
    • Bhanwarkuan Police Station (~4 km)
    • District Court (~4 km)

  • Religious Places

    • Holy Spirit Church (~2 km)
    • Gita bhawan (~2 km)
    • Jain Mandir (~3 km)
    • Chandraprabhu Digambar Jain Mandir (~3 km)
    • Hrideshwar Dham (~3 km)
    • Sri Nagar Colony Masjid (~4 km)

  • Business & Hospitality

    • Sarovar Portico (~3 km)
    • Lemon Tree Hotel (~3 km)
    • Lemon Tree (~3 km)
    • SEZ (~4 km)
    • Malwa Mill (~6 km)
    • pologround Industrial Area (~7 km)
Places © OpenStreetMap contributors, Overture Maps Foundation * Distances from the centre of Residency Area

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Sale Properties

3BHK for sale in Kalpataru Grandeur, New Palasia, Indore
₹ 3.52 Cr

3BHK Flat for sale in New Palasia

₹ 3.52 Cr

  • Kalpataru Grandeur
  • Within 2 Years
  • 3,200 SqFeet
  • ₹11,000/SqFeet

3BHK Apartment / Flat

: Kalpataru Grandeur project is spread over an area of 3.11 acres around 110 units on offer and in the housing society has 5 towers with 15 floors.
₹ 36 L

2BHK Flat for sale in Manorama Ganj

₹ 36 L

Apartment / Flat

: Well maintained building, walking distance from palasia,fully connected with transport.Original makhrana white marble flooring, 1 bed room completly furnished ,modular kitchen.It is spread over the area of 28000 sq. ft.
₹ 50 L

Independent House for sale in Manorama Ganj

₹ 50 L

Independent House

: Well maintained building, walking distance from palasia,fully connected with transport.Original makhrana white marble flooring, 1 bed room completly furnished ,modular kitchen.It is spread over the area of 28000 sq. ft.

Price Trends

Locality ID
A213811611
PinCode
452001