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Semi Commercial Plot for Sale at 54 Scheme

Landmark: opp. Hotel Sayaji

scheme 54 semi commercial plot in indore

Semi Commercial Plot for Sale at 54 Scheme

Property Type: Plot - Commercial

Price Demand: Sold

Updated on:

Description

The MR 10 and Vijay Nagar intersection has been a vibrant hub in Indore for the past several years. This area serves as a crucial link between the Airport approach road and the city of Indore. Moreover, it is home to numerous corporate offices, major hotels and hospitals, with continual development of additional establishments each year. Historically, real estate investments in this area have proven to be highly lucrative, with Scheme 54, Vijay Nagar being a preferred choice for such ventures.

We are excited to present a compelling opportunity to acquire a semi-commercial plot located near the service road of the MR10 Road. This strategically positioned plot offers easy access to A.B. Road and other key locations within Indore. Its unique features make it an attractive investment prospect, particularly for developments such as residential cum commercial buildings, nursing homes and student hostels.

Here’s a detailed overview of the advantages and features of this semi-commercial plot:

Strategic Location:

  • Connectivity: The plot is ideally situated near the MR 10 Road, offering seamless access to the A.B. Road, a major arterial route in Indore. This ensures rapid connectivity to various parts of the city, including the airport and central business districts.
  • Proximity to Key Facilities: The area is home to numerous corporate offices, major hotels, and hospitals, making it a prime location for both commercial and residential endeavors.
  • Neighborhood Growth: Continual development in the Vijay Nagar and MR 10 Road vicinity has been observed, ensuring sustained property value appreciation.

High Investment Returns:

  • Lucrative Real Estate Market: Historically, the Vijay Nagar and MR 10 Road corridor has seen high property valuation growth. Scheme 54 is particularly noted for its strong real estate performance.
  • Mixed-Use Development Potential: The plot’s semi-commercial status makes it versatile for various development options that can yield high returns, such as residential cum commercial buildings, nursing homes, and student hostels.

Potential for Diverse Projects:

  • Residential Cum Commercial Buildings: The strategic location and easy access make it ideal for mixed-use developments that cater to both residential and commercial needs.
  • Healthcare Facilities: Given the proximity to major hospitals, the plot is suited for healthcare-related developments like nursing homes, diagnostic center or specialty clinics.
  • Student Accommodations: With educational establishments likely being in the vicinity, developing hostels can cater to the student population, providing steady rental income.

Our Recommendations:

The semi-commercial plot near the service road of MR10 Road represents a significant investment opportunity in one of Indore’s most promising locations. With its strategic placement, versatile development potential, and historical growth in property valuation, this plot is ideal for diverse real estate projects aimed at leveraging the vitality and continued development of the Vijay Nagar and MR 10 intersection areas.

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ABOUT This Property

Facing

West

Dimension

40x60

Total Area

2400 s.f.

Possession

Ready to Construct

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Property Details

Area

Vijay Nagar

City

Indore

Pincode

452010

Special Features, if any

Semi commercial plot adjoining MR10 situated near Hotel Sayaji

Features

Clubhouse: No

Gym: No

Swimming Pool: No

Kids Playground: No

24x7 Water Supply: No

CCTV Camera: No

Gated Community: No

Deal Terms

Advance/Token

20%

Payment Period

3 months

Possession

Ready to construct

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

Sayaji Square - 300 mtr

Vijay Nagar Square - 500 mtr

Shri Satyasai School Square - 750 mtr

Radisson Blue Hotel - 1.3 km

Dewas Naka - 2.8 km

Devi Ahilyabai Holkar Airport - 12 km

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