Overview of Scheme No. 71, Indore

Location and Amenities

• Scheme No. 71 resides in a top-tier locality of Indore, boasting excellent surroundings and easy access to significant city landmarks.
• The area boasts excellent connections to multiple educational institutions, hospitals, and other vital amenities. For instance, D J Doshi Gurukul English Medium High School and Junior College of Commerce, Ashwini Maternity & Surgical Hospital, Sarafa Vidya Niketan Higher Secondary School, and Chirayu Hospital are all nearby.

Property Rates

• Property prices in Scheme No. 71 average around Rs. 4,372 per sqft, ranging from Rs. 4,522 to Rs. 4,687 per sqft.
• Property prices have seen a considerable yearly decline, slipping by 18.76% in the last year, which could be enticing for home buyers.

Types of Properties Available

• Flats and Apartments: Numerous apartments and flats are up for sale, spanning from 2 BHK units to 3 BHK apartments. For instance, a 3 BHK apartment with a built-up area of 1538 sqft can be bought for roughly Rs. 5.53 lakhs per sqft.
• Independent Houses: Independent houses, while rare, are also found here. Their prices differ based on size and extras.
• Plots and Land: Residential plots for creating custom homes exist too, starting at around ₹5,000 per sqft.

Rental Options

• Renting options such as semi-furnished apartments with competitive monthly rents are also around. An example is a 1250 sqft semi-furnished apartment with 2 bathrooms rented at Rs. 17,500 per month.

Market Trends

• Property prices in Scheme No. 71 have decreased over the past year, offering a good time for potential buyers.
• The area is profitable for both buying and selling due to its current trends.

Facilities and Infrastructure

• Educational Institutions: Nearby schools like D J Doshi Gurukul English Medium High School and Junior College of Commerce and Sarafa Vidya Niketan Higher Secondary School.
• Healthcare: Hospitals such as Ashwini Maternity & Surgical Hospital and Chirayu Hospital within easy reach.
• Other Amenities: The area is filled with other essential amenities to ensure a comfortable lifestyle.

PropertyWala's Conclusion

Scheme No. 71 in Indore offers a lucrative real estate investment. Its prime position, decreasing property rates, and various property types make it a compelling choice. Moreover, the location's proximity to essential amenities is an added advantage. Keeping tabs on market trends and current prices is crucial to make the best choice. With affordability, amenities, and growth potential, Scheme No. 71 is worth pondering for your next property investment.