Madhya Pradesh

01 Apr 2011 CW Staff

Real estate in Madhya Pradesh is growing proportionately with economic development.

The development process in the state ensures the participation of all sectors as a number of construction companies and builders work on projects that aim at providing housing solutions across all sections. Home seekers from both low and high social classes can find suitable homes at easily affordable prices. One of the benchmarks in the real estate development of the state is the upcoming Crystal IT Park in Indore. This IT park, spread over 24 acre, will not only help in the swift growth of the IT sector in the city but will also boost the property market in the state.

Upcoming residential developments

“The demand for residential properties in the state is growing at a reasonable pace. The demand is more concentrated towards properties of bigger companies rather than smaller players. Affordable housing is fast emerging as the latest mantra with more and more players announcing their projects in this segment,” says Ankur Jain, Sales Executive, Kalindi Builders and Developers.

Some of these upcoming projects in the state include:

Sumer Saffron Homes: This project by the Sumer Group is a residential complex in Indore. It comprises 11 towers having G+14 and G+15 floors of 550 apartments of 2-4 BHK with amenities like club house, gym, jogging track, etc. It is likely to be completed by September 2012.

Opel Orris: This project by RSR Housing & Construction at Gram Salliya comprises 9 blocks having 450 apartments on G+6 floors. The project is likely to be completed by February 2013.

Upcoming commercial developments

The demand for retail and commercial properties in Madhya Pradesh is also witnessing a boost owing to the large scale development projects undertaken by the leading private players in the industry. Although the flourishing of Indore’s IT sector began late, it has managed to pull in mammoth technology companies. Other sectors thronging the city include banking, insurance and telecom companies along with few others. The state is set to see modern integrated townships along with shopping malls, multiplexes, health clubs, SEZs and other such developments.

Some of these upcoming developments include:

Energy park: Welspun Energy Park Pvt Ltd plans to set up a mega industrial and energy park at Riva District. It will include a cement plant, coal handling plant, ash handling plant, biomass and solar project.

Road project: Ramky Infrastructure is implementing a road project involving the widening and reconstruction of package 4 Amanganj-Kishangarh (SH-10) for the Madhya Pradesh Road Development Corporation Ltd.

Diamond park: The Madhya Pradesh government has proposed to set up a diamond park in Indore. It has already acquired 283 acre for the project for around Rs 150 crore.

Real estate in Madhya Pradesh is growing proportionately with economic development. The development process in the state ensures the participation of all sectors as a number of construction companies and builders work on projects that aim at providing housing solutions across all sections. Home seekers from both low and high social classes can find suitable homes at easily affordable prices. One of the benchmarks in the real estate development of the state is the upcoming Crystal IT Park in Indore. This IT park, spread over 24 acre, will not only help in the swift growth of the IT sector in the city but will also boost the property market in the state. Upcoming residential developments “The demand for residential properties in the state is growing at a reasonable pace. The demand is more concentrated towards properties of bigger companies rather than smaller players. Affordable housing is fast emerging as the latest mantra with more and more players announcing their projects in this segment,” says Ankur Jain, Sales Executive, Kalindi Builders and Developers. Some of these upcoming projects in the state include: Sumer Saffron Homes: This project by the Sumer Group is a residential complex in Indore. It comprises 11 towers having G+14 and G+15 floors of 550 apartments of 2-4 BHK with amenities like club house, gym, jogging track, etc. It is likely to be completed by September 2012. Opel Orris: This project by RSR Housing & Construction at Gram Salliya comprises 9 blocks having 450 apartments on G+6 floors. The project is likely to be completed by February 2013. Upcoming commercial developments The demand for retail and commercial properties in Madhya Pradesh is also witnessing a boost owing to the large scale development projects undertaken by the leading private players in the industry. Although the flourishing of Indore’s IT sector began late, it has managed to pull in mammoth technology companies. Other sectors thronging the city include banking, insurance and telecom companies along with few others. The state is set to see modern integrated townships along with shopping malls, multiplexes, health clubs, SEZs and other such developments. Some of these upcoming developments include: Energy park: Welspun Energy Park Pvt Ltd plans to set up a mega industrial and energy park at Riva District. It will include a cement plant, coal handling plant, ash handling plant, biomass and solar project. Road project: Ramky Infrastructure is implementing a road project involving the widening and reconstruction of package 4 Amanganj-Kishangarh (SH-10) for the Madhya Pradesh Road Development Corporation Ltd. Diamond park: The Madhya Pradesh government has proposed to set up a diamond park in Indore. It has already acquired 283 acre for the project for around Rs 150 crore.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Infrastructure Energy

07 Apr 2026

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Infrastructure Energy

07 Apr 2026

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..