📅 January 15, 2025👤 By Lashkari Properties🏷️ Investment Tips
Why Ujjain Road is Indore's Hottest Investment Destination
Ujjain Road has emerged as one of the most promising corridors for real estate investment in Indore. With its strategic location connecting Indore to the holy city of Ujjain, this stretch has witnessed unprecedented growth in both residential and commercial developments over the past few years.
Strategic Location Advantages
The Ujjain Road corridor offers unparalleled connectivity advantages that make it a prime choice for both homebuyers and investors:
Excellent Connectivity: Direct access to Indore-Ujjain highway ensures smooth connectivity to both cities
Airport Proximity: Just 15-20 minutes drive from Devi Ahilya Bai Holkar Airport
Educational Hub: Close to premier educational institutions including IIM Indore and DAVV
Commercial Centers: Easy access to major business districts and IT parks
💡 Investment Tip
Properties along Ujjain Road have shown consistent appreciation of 12-15% annually over the past 5 years, making it one of the best-performing real estate corridors in Madhya Pradesh.
Infrastructure Development
The government's focus on infrastructure development along this corridor has been a major catalyst for growth:
Six-lane highway expansion project completed
Metro rail extension planned till Ujjain Road
New flyovers and underpasses for better traffic management
Improved water supply and sewerage systems
Premium Projects by Leading Developers
Top developers have recognized the potential of this location and launched several premium projects:
Godrej Garden City: Luxury residential complex with world-class amenities
Shubham Jeeva: Affordable housing project with modern facilities
BCM Heights: Premium commercial and residential mixed development
Millennium Plaza: High-end commercial complex
Investment Potential and ROI
The investment potential along Ujjain Road is backed by solid fundamentals:
Plot prices have increased from ₹800 per sq.ft to ₹2,500 per sq.ft in 5 years
Rental yields of 8-10% for commercial properties
High demand from both end-users and investors
Future appreciation expected due to upcoming developments
🎯 Best Investment Options
For investors looking at Ujjain Road, consider plots near the upcoming metro stations, commercial spaces in mixed-use developments, and 2-3 BHK apartments in gated communities for maximum returns.
If you're considering investment in Ujjain Road properties, now is the perfect time. With RERA-registered projects and transparent dealings, Lashkari Properties can help you find the ideal investment opportunity that matches your budget and goals.
📅 January 10, 2025👤 By Lashkari Properties🏷️ Plot Investment
Super Corridor Plots: Your Gateway to Future Prosperity
The Indore Super Corridor, also known as the Outer Ring Road, represents the future of urban development in Indore. This ambitious infrastructure project is set to transform the city's landscape and create unprecedented opportunities for real estate investors, particularly in plot investments.
Understanding the Super Corridor Project
The Super Corridor is a 70-kilometer ring road that will connect all major highways entering Indore, creating a comprehensive network that will:
Reduce traffic congestion in the city center
Provide seamless connectivity to industrial areas
Open up new areas for residential and commercial development
Boost economic growth and employment opportunities
Why Invest in Super Corridor Plots Now?
Investing in plots along the Super Corridor offers several compelling advantages:
🚀 Early Bird Advantage
Plot prices along the Super Corridor are currently 40-50% lower than similar locations in developed areas of Indore. As infrastructure develops, these prices are expected to multiply significantly.
Key Investment Zones Along Super Corridor
1. Sector A (Near Pithampur)
Industrial proximity advantage
Plot sizes: 1000-5000 sq.ft
Current price: ₹800-1200 per sq.ft
Projected appreciation: 200-300% in 5 years
2. Sector B (Bypass Road Junction)
Commercial development potential
Plot sizes: 1500-3000 sq.ft
Current price: ₹1000-1500 per sq.ft
High rental yield potential
3. Sector C (Airport Connectivity Zone)
Premium residential development area
Plot sizes: 2000-10000 sq.ft
Current price: ₹1200-2000 per sq.ft
Luxury housing demand expected
Infrastructure Development Timeline
The Super Corridor development is progressing in phases:
Phase 1 (2024-2025): Basic road construction and utilities
Phase 2 (2025-2026): Commercial zone development and metro extension planning
Phase 3 (2026-2027): Residential township development and amenities
Phase 4 (2027-2028): Complete infrastructure and connectivity
Investment Strategies for Maximum Returns
Short-term Strategy (2-3 years)
Buy plots in Phase 1 development areas
Focus on corner plots and main road facing properties
Target 50-80% appreciation in 2-3 years
Long-term Strategy (5-7 years)
Invest in larger plots for township development
Consider joint development opportunities
Expect 300-500% returns over 5-7 years
⚠️ Important Considerations
Always verify RERA registration, clear land titles, and approved layout plans before investing. Lashkari Properties ensures all legal compliances are met for your peace of mind.
Financing Options Available
Several banks and financial institutions offer attractive loan schemes for plot purchases:
Up to 80% financing available
Interest rates starting from 8.5%
Flexible repayment options
Special schemes for salaried professionals
The Super Corridor represents a once-in-a-lifetime opportunity to be part of Indore's transformation story. With proper research and expert guidance, plot investment along this corridor can secure your financial future.
📅 January 5, 2025👤 By Lashkari Properties🏷️ Legal Guide
RERA Guidelines: What Every Property Buyer Should Know
The Real Estate (Regulation and Development) Act, 2016, commonly known as RERA, has revolutionized the Indian real estate sector. For property buyers in Indore and across Madhya Pradesh, understanding RERA guidelines is crucial for making safe and informed investment decisions.
What is RERA?
RERA is a landmark legislation designed to protect the interests of homebuyers and promote transparency in the real estate sector. It establishes regulatory authorities in each state to oversee real estate transactions and ensure accountability from developers.
Key Benefits of RERA for Homebuyers
1. Transparency and Accountability
Mandatory disclosure of project details on RERA website
Regular updates on project progress
Clear timelines for project completion
Detailed information about approvals and clearances
2. Financial Security
70% of funds collected must be kept in escrow account
Funds can only be used for project construction
Protection against fund diversion
Assured project completion
3. Quality Assurance
5-year structural defect liability
Standardized carpet area measurement
Quality specifications must be disclosed
Penalty for delays and defects
🔍 How to Verify RERA Registration
Always check the MP-RERA website (mprera.gov.in) to verify project registration. Look for the RERA registration number, project details, and current status before making any payment.
RERA Registration Requirements in Madhya Pradesh
In Madhya Pradesh, the following projects must be registered under RERA:
Residential projects with more than 8 units
Commercial projects with area exceeding 500 sq.m
All ongoing projects (launched before RERA)
Projects being developed in phases
Key Documents Required for RERA Registration
Developers must submit comprehensive documentation including:
Land title documents and approvals
Building plans and sanctions
Environmental clearances
Financial statements and project cost
Timeline for project completion
Details of contractors and architects
Buyer Rights Under RERA
Right to Information
Access to all project-related information
Regular progress updates
Details of approvals and clearances
Information about delays and reasons
Right to Compensation
Interest on delayed possession
Compensation for structural defects
Refund with interest in case of project cancellation
Alternative accommodation in case of delays
Right to Grievance Redressal
File complaints with RERA authority
Fast-track dispute resolution
Appeal mechanism available
Enforcement of RERA orders
⚖️ RERA Complaint Process
Buyers can file complaints online through the MP-RERA portal. The authority must dispose of complaints within 60 days. Legal representation is not mandatory for filing complaints.
Red Flags to Watch Out For
Be cautious of projects that:
Are not registered under RERA
Ask for more than 10% advance payment
Don't provide RERA registration number in advertisements
Have pending legal disputes
Lack proper approvals and clearances
How Lashkari Properties Ensures RERA Compliance
At Lashkari Properties, we prioritize RERA compliance in all our dealings:
All recommended projects are RERA registered
Complete documentation verification
Regular project monitoring and updates
Legal assistance for RERA-related matters
Transparent transaction processes
Future of RERA in Madhya Pradesh
The MP-RERA authority continues to strengthen regulations:
Digital integration for faster processes
Stricter penalties for non-compliance
Enhanced buyer protection measures
Regular audits of registered projects
RERA has brought much-needed transparency and accountability to the real estate sector. As a buyer, understanding your rights under RERA and dealing only with registered projects ensures a safe and secure property investment experience.