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Commercial Land for Sale at Main MR-10

Village: Nipania

commercial land for sale at main mr 10 indore

47,400 sq. ft. prime commercial land at MR10 near Phoenix Citadel Mall, Indore

Purpose: For Sale

Property Type: Commercial

Price Demand: 21000/s.f.

Updated on:

Description

This prime commercial land at main MR-10 Indore, Madhya Pradesh, represents a remarkable opportunity for corporates and developers seeking to invest in one of the city’s most strategic and accessible locations. The property benefits from excellent connectivity, being just a short distance from A.B. Road and conveniently located near the Indore bypass, making it ideal for a variety of development projects.

Features to Ignite Your Imagination:

This prime commercial land at main MR10 Indore is surrounded by esteemed landmarks and vibrant destinations such as Dastoor Garden, renowned for its expansive spaces, the Labhganga Exhibition Center, which hosts various events, Hotel The Park offering luxury accommodation, and Abhivyakti Garba, a popular cultural venue.

These nearby attractions significantly enhance the appeal of the property for diverse development encroachments.

  • Best Price Wholesale: Located only 1.2 km away, ensuring easy access for bulk purchases and commercial activities.
  • Phoenix Citadel Mall: Situated across from the land, this shopping destination can be reached within a 3.7 km drive, thanks to the nearby flyover, enhancing foot traffic potential.
  • Radisson Blu Hotel: A prestigious hotel located just 3 km away, providing a strategic advantage for hospitality-related developments.
  • Bombay Hospital: Approximately 3.4 km from the site, this well-regarded healthcare facility ensures that residential projects would benefit from nearby medical services.
Our recommendations

Potential Development Projects:

  • Hotel and Banquet Halls: With the growing trend of tourism and corporate events in Indore, the land is perfectly suited for establishing a hotel with banquet facilities to cater to both leisure and business guests.
  • Multispecialty Hospital: Given the proximity to existing medical facilities and the increasing demand for healthcare, a multispecialty hospital could serve the local population effectively.
  • Residential and Commercial Complex: A mixed-use complex could tap into the rising demand for quality living spaces coupled with retail and office units to support urban living.
  • Corporate Tower: The strategic location makes it an ideal site for a corporate office building, catering to businesses looking for a presence in a thriving area.

With an impressive frontage of approximately 200 ft on the prominent MR-10 road, this land holds significant potential to become a landmark development in Indore. Its strategic location, coupled with the surrounding amenities and landmarks, positions it as an attractive option for those looking to make a substantial investment in the region.

This land is ideal for: Hotel, Hospital, Semi-commercial Project, Corporate Tower

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ABOUT This Land

Land Size

47400 s.f.

Dimension

200 x 235 ft

Front

200 feet

Connected Road

MR-10

Ownership Since

-

Joint Tenancy

-

Nearest Town

Indore

Possession

Immediate

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Land Details

District

Indore

Landmark

Best Price Wholesale

State

Madhya Pradesh

Pincode

452010

Current Land Status

Open

Crop Cultivation

No

Main Water Source

-

Water Source Details

-

Any Construction on Land

No

Special Features, if any

at walking distance from Indore bypass and well-connected to the main city

Land Features

Crops (Yearly): N.A.

Main Road Touch: Yes

Approach Road Size: 100 feet

Any Naala on Land: No

Any Hi-tension Line: No

Electric Connection: No

24x7 Water Supply: No

Tubewell: No

Any Existing Construction on Land: No

CCTV Camera Security: No

Boundaries: Fencing

Deal Terms

Advance/Token

20%

Payment Period

08 months

Possession

after 100% payment

Other Details

MPEB Charges

N.A.

Upfront Maintenance Charges

N.A.

Existing Loan

No

Guideline Value

yet to update

Registry Cost

yet to update

Registrar Office

yet to update

Legal Status

Clear title, no past or present litigation

Bank Funding

upto 70%

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Top Nearby Locations

Indore Bypass - 300 mtrs

Best Price Wholesale - 1.2 km

Radisson Blu Hotel - 3 km

Bombay Hospital - 3.4 km

Phoenix Citadel Mall - 3.7 km

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