JHALARIA- Come and invest in the new residential market!

by Rahul Bansal Writer Indore, commercial capital of Madhya Pradesh is considered to be the land for industries in finance, BPO, textiles, automobiles, alloy steel and IT/ITEs verticals. The real estate sector in Indore is pacing up because of the industrialization and affordable cost of living. Now, let’s look upon the real estate scenario in Jhalaria which belongs to Indore division. Jhalaria is a village situated in Indore Tehsil in Indore district of Madhya Pradesh. This article will guide you about the reasons for the development of real estate market in Jhalaria.

RESIDENTIAL PROJECTS IN JHALARIA

• Ruchi Realty Holdings Pvt. Ltd. has come out with its new residential project named Ruchi Lifescapes in Jhalaria, Indore. The project has been beautifully crafted with latest technology and attention is being given to comfortable living and contemporary designing. Spacious 1-6 BHK apartments and villas will be available at very accessible prices. The group offers all the facilities and modern amenities like clubhouse, multipurpose hall, sewage treatment plant, sports facility, kids play area, power back up, beautiful garden area and car parking, to name a few. The project, ruchi lifescapes has been tied up with famous financial institutions like LIC housing finance limited and HDFC home loans. Furthermore, the project has a good connectivity to all the important areas in the locality. The possession for apartments and villas will start in December, 2016. 
  

• Aarone Country Walk Villa York, a residential development by Aarone Group is located in Jhalaria, Indore. Keeping in mind the buyer’s needs the project offers well equipped 4BHK villas with all the basic facilities and amenities. The villas of the size of 4066 square feet are available at affordable prices. These residential apartments promises the advantage of proximity to educational institutions and market area and well connected by all means of transportation. The possession of these villas has been started by the group. 
  

INFRASTRUCTURE

• Devi Ahilyabai Holkar Airport in Indore connects Indore and its neighboring locations to the other parts of the country and thereby, making it advantageous for the developers and buyers to come and invest in the residential properties of Indore and its nearby locations. 
  
• Crystal IT Park in Indore which is the hub of the IT companies has increased the employment opportunities for the job seekers. Moreover, the presence of renowned companies like Infosys and TCS have their offices in the city, thereby resulting in the growth of realty industry of Indore. 
  
• Famous educational institutions in Indore like IIT resulted in the migration of many engineering aspirants in the city. 
  
• Old and famous health care centers like Maharaja Yeshwantrao Hospital, Bombay Hospital, CHL Apollo, Fortis and many others have made the life easier for the locals. 
  

CONNECTIVITY

• Indore is well connected to other parts of India by airways and railways .The robust road structure is connecting the city to other parts of India via state and national highways. 
  
• National Highway No. 3 – It connects Agra Bombay
  
• National Highway No. 59- It connects Indore to Ahmedabad and Godhara. 
  
• National Highway No. 59A- It connects Indore to Betul and Nagpur and NH69. 
  

FUTURE PROSPECTS

Increased employment opportunities, superior infrastructure, better connectivity, increased economic activities and affordability have triggered the growth of realty industry in Indore and its nearby localities like Jhalaria. The developers, investors and end users can see a promising future in residential market of Jhalaria because the affordable capital value and proximity to the commercial centers. Homebuyers in Jhalaria in future will definitely experience good returns on their investment.

Author Bio: - Aakanksha Pasricha writes for 99acres.com. She has been writing for the real estate developments happening in different parts of India. When she isn’t writing she browse around the high streets as she definitely has an eye for details. You can visit her @G+aakanksha.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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