Scheme No. 54 in Indore is a high-end area that blends residential and commercial features, making it a hot spot for property buyers and renters.

Location and Connectivity

This neighborhood lies along MR 9 Road and AB Road, offering great access to essential Indore zones like Vijay Nagar, Vasant Vihar Colony, and Malviya Nagar. Being near Eastern Ring Road, Ahmedabad Highway, and Indore Bypass Road, it connects well with the Pithampur industrial zone and Indore SEZ. Public transport is robust with AiCTSL buses, and the Indore Junction railway station is only 5 km away. The upcoming Metro Line 3 (Ring Route) will boost links to the airport and various city areas.

Residential and Commercial Developments

Residentially, Scheme No. 54 stands out with its bungalows and standalone homes. It also features some multi-floor apartments. On the commercial front, shops and office spaces are plentiful, with 64% of listed properties and 50% of rentals being commercial. Ongoing and finished residential projects like Vertical Cliffton Park, BCM Heights, Kokonut Heights, and Om Gurudev Complex add to its appeal.

Amenities and Facilities

This locality boasts excellent public amenities. Reliable water and waste management services, minimal power cut occurrences, and around-the-clock civil transport. It offers nearby amenities such as schools, hospitals, malls (like C21 Mall and Mangal Mall), restaurants, and public transport hubs. The area also includes Megdoot Garden and other green patches, enhancing the quality of life. The proximity to hotels like Sayaji and Marriott, and an upcoming metro station, add to its upscale vibe.

Challenges

Yet, the area deals with some issues like narrow streets and unlawful parking, leading to traffic jams. Yet, the community's infrastructure and amenities make it an appealing spot for living and working.

Property Pricing

Property pricing here varies widely. For sale, 33% fall within the ₹20Lac - ₹40Lac range, while another 33% sit between ₹60Lac - ₹80Lac. Rental prices show 29% of properties cost ₹20K - ₹25K monthly, with another 29% at ₹25K - ₹30K per month. For sale, 3 BHK apartments are common. For rentals, 2 BHK apartments are the most common.

PropertyWala's Verdict

For anyone eyeing buying or renting in Scheme No. 54, Indore, it offers an enticing mix of premium living, great connectivity, and solid civic amenities. Despite some traffic-related complications, the benefits of residing here—including closeness to key infrastructure and amenities—make it a highly sought-after choice. Whether hunting for a luxury basement, an apartment, or commercial space, Scheme No. 54 delivers diverse options meeting various needs and budgets.