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IDA Freehold Plot at New Loha Mandi

Landmark: near Dewas Naka Square

ida freehold plot at new loha mandi

IDA Freehold Plot at New Loha Mandi

Purpose: For Sale

Property Type: Plot - Commercial

Price Demand: 15100/sf

Description

Commercial plot for sale near Dewas Naka, Scheme 78 Part-1, Indore.

Situated in a prime strategic location, this commercial plot offers exceptional connectivity to key landmarks and areas in Indore. Located just 500 meters from Dewas Naka Square, the plot ensures easy access to A.B. Road, Nipania, and the Indore bypass. This makes it an ideal investment opportunity for businesses seeking visibility, accessibility, and growth in a bustling urban environment.

With its excellent potential for development, this plot is a solid choice for future commercial success.

Property Details of IDA Freehold Plot at New Loha Mandi –

  • Type: IDA Freehold Commercial Plot, Non-ILVA (no restrictions usage)
  • Location: near Dewas Naka, at the service road of main MR-11 road
  • Frontage: 10.5 meters
  • Total size: 2033 sq. ft.
  • Suitable for: Hotel, Hospital, Bank, Educational Coaching Institute, Corporate Buildings

Proximity to Key Areas:

  • Dewas Naka Square: 500 meters
  • Vijay Nagar Square: 2.9 km
  • Sheraton Grand Palace Indore-Bypass: 5.4 km
  • Bombay Hospital: 3 km
  • Sayaji Hotel: 3 km
  • Indore Airport: 18 km

Features and Opportunities:

  • Location Advantage: Positioned on the main MR11 road, envisaged as the future lifeline of Indore City’s development.
  • Nearby Amenities: Surrounded by main markets and commercial towers, ensuring a bustling environment.
  • Growth Potential: The planned extension and widening of MR11 road are underway, expected to significantly boost property values, particularly for commercial plots.
  • Flexibility in Construction: As this is a freehold plot and not restricted by Loha – Mandi norms, it permits versatile commercial construction options.
Our Recommendations

In conclusion, this prime commercial plot near Dewas Naka, at the service road of the main MR11 road, offers an outstanding opportunity for investors or business owners aiming to establish a noteworthy presence in an expanding area.

With a frontage of 10.5 meters and a total area of 2033 sq. ft., the property is ideally suited for a variety of commercial ventures such as a hotel, hospital, bank, or educational coaching institute.

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ABOUT This Property

Facing

South

Dimension

34.44 x 59.04

Total Area

2033 s.f.

Possession

Ready to Construct

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Property Details

Area

Scheme 78

City

Indore

Pincode

452010

Special Features, if any

IDA freehold commercial plot at main service road

Features

Clubhouse: Yes

Gym: Yes

Swimming Pool: Yes

Kids Playground: Yes

24x7 Water Supply: Yes

CCTV Camera: Yes

Gated Community: Yes

Deal Terms

Advance/Token

25%

Payment Period

2 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 80%

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Top nearby landmarks

Dewas Naka Square - 500 mtrs

Vijay Nagar Square - 2.9 km

Sheraton Grand Palace Indore-Bypass - 5.4 km

Bombay Hospital - 3 km

Sayaji Hotel - 3 km

Indore Airport - 18 km

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