Overview of the Land Parcel: This prime land parcel spans an impressive 66,000 sq. ft., strategically positioned to capitalize on the burgeoning growth in the Mhow Neemuch region. The area is seeing a marked increase in both commercial and residential interest, making it an exceptional opportunity for savvy investors.
Emphasis on Investment Potential: With ongoing infrastructural developments and the establishment of nearby industrial hubs, this location offers significant potential for appreciation. Investing now positions stakeholders to benefit from future growth and demand.
Features of this land parcel:
- Strategic Location: The parcel is prominently situated along the main Mhow Neemuch Road, ensuring high visibility and traffic flow.
- Connectivity to Key Areas: Proximity to Indore, a major commercial center, enhances market accessibility. Access to Dhar, which is rapidly developing and expanding its industrial base.
- Airport connectivity: Close distance to the International Airport, facilitating logistics and improving overall business viability.
- Logistics and Accessibility: The strategic location not only boosts visibility but also ensures easy transportation of goods and services, making it a logistical dream for potential businesses.
- Proximity to Key Areas: This property is located near the Sagore Kuti Chowraha, providing easy access to the bustling Pithampur Industrial Area.
- Nearby Prominent Industries: The vicinity boasts a significant presence of major companies like, Cipla, Dabur, Bridgestone, SRF.
- Commercial Relevance of the Area: The dense concentration of industries drives demand for both residential and commercial developments, creating attractive prospects for investors.
Property Specifications and Approvals –
- Size and Classification: The total area encompasses 66,000 sq. ft., offering ample space for various development projects.
- Frontage Details: The parcel boasts an impressive 250 ft. of frontage along the main road, maximizing visibility for potential businesses. This prime frontage is particularly advantageous for establishing commercial establishments like showrooms, enhancing the land’s marketability.
- Semi Commercial Classification: Classification as semi-commercial provides flexibility in how the land can be utilized, catering to diverse developer needs.
- Development Flexibility: The land is suitable for a multitude of projects ranging from commercial establishments to mixed-use developments, making it a versatile investment.
- Existing No Objection Certificate (N.O.C.): The N.O.C. has been issued by MPAKVN (Madhya Pradesh Audyogik Kendra Vikas Nigam), simplifying the development process.
- Benefits of N.O.C.: The presence of an N.O.C. streamlines the development process, enabling quicker project initiation and completion
Our recommendations
The land is ideally suited for mixed-use development, which addresses the rising demand for quality residential accommodations in the area. Targeting management-level employees from nearby industries presents an opportunity to attract tenants looking for convenient living arrangements close to their workplaces.
This property stands out for its strategic location, regulatory advantages, and the flexibility it offers for various development projects, making it a highly attractive investment. We invite developers and investors to seize this remarkable opportunity to engage with a land parcel that promises significant returns and growth potential.
