Tower Square, Indore
- Nearby Localities
- Shivampuri Colony, Palsikar Colony, M G Road, Azad Nagar, Khandwa Road, Dhar Road, Rajbara, Rau Pitampur Road, Rani Bagh
About
Overview of Tower Square, Indore
Location and Accessibility
Tower Square is a prominent locality in Indore. It provides excellent connectivity to multiple parts of the city. You'll find it in a top location, which makes it convenient by both public and private transport.
Property Rates and Pricing
- Tower Square has widely varying property prices. Around 50% of the available properties lie in the price range of ₹40 Lac to ₹60 Lac, while the other half are over ₹5 Cr.
- The average price for a square foot in Tower Square stands at roughly Rs. 4,454.
Types of Properties Available
- Flats for Sale: You can find 1 BHK, 2 BHK, and 3 BHK flats here. For example, a 2 BHK flat can be found around ₹49 Lac, spanning a carpet area of 950 sqft.
- Independent Houses: They are less frequent. Still, in areas like Manikbagh, options are available, such as a ₹70 Lac 3 BHK ready-to-move flat.
- Flats for Rent: Renting options also exist, such as a 1 BHK flat with prices including a 1050 sqft flat available for rent plus a security deposit of ₹11,000.
Amenities and Infrastructure
- Tower Square boasts modern amenities. This includes security services, seen from the necessary deposits for rental properties.
- Since the locality is prime, it likely has basic facilities like schools, hospitals, shopping centers, and public transport.
Market Trends
- The real estate market in Tower Square seems mixed. It covers both budget-conscious buyers to those seeking luxury properties.
- The average square foot price points to a high-value market suggesting the area's demand and possible long-term appetence.
PropertyWala's Conclusion
If you’re eyeing real estate in Tower Square, Indore, this area is a versatile choice. It combines affordability and luxury. Its variety in property prices allows selection suited to any budget. With its easy accessibility and modern amenities, it’s a strong point. That said, it’s wise to do in-depth research and visit properties yourself to meet personal needs and expectations.
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