Overview of Scheme No. 97, Indore

Location and Connectivity

• Scheme No. 97 is situated in a prime spot in Indore, providing easy access to important locations like RRCAT, Rau, Pithampur, and Mhow. Plus, it’s just a short ride away from Dhar. The airport is just 7 km away, and the city center is only 4 km from here.

Infrastructure and Amenities

• This neighborhood features several major developments. For example, construction of an auditorium in Part-4 exemplifies the area’s growing role in community and cultural activities. The auditorium spans 35,000 Sq.Feet and is expected to cost around ₹ 20 Crore.
• The area has lots of amenities, including high-rise buildings, auditoriums, and many public facilities.

Property Types and Rates

• Residential Properties:
  • Options include 2 BHK flats, 2 BHK standalone builder floors, and spacious 3 BHK apartments. Rentals range from ₹13,500 to ₹15,000 per month plus a matching deposit amount.
  • For investors, plots are available; a 1453 Sq-ft plot priced around ₹45 lakh.
• Commercial Properties:
  • Though primarily residential, the vicinity is attractive for commercial ventures due to major hub accessibility.

Investment Potential

• This locality is a good bet for investors because of excellent connectivity and ongoing developments. The auditorium and other public facilities enhance life quality, potentially boosting property values.

Lifestyle and Community

• Scheme No. 97 allows for a balanced lifestyle with nearby schools, hospitals, and necessary services.
• An auditorium is on hand for various cultural and social gatherings.

PropertyWala's Conclusion

Choosing Scheme No. 97, Indore, for buying or renting property looks like a solid decision. This area offers excellent connectivity, ongoing infrastructure improvements, and various property types to match your needs. The area’s growth potential and current amenities make it a good choice for both living and investment. Still, conducting a detailed market analysis and consulting real estate experts is always wise before deciding.