(2007-02-09) Property management India, India: Indore has high potential as an IT centre

While the nearby town of Pithampur houses many leading industries such as Hindustan Motors, Eicher, Bridgestone, L&T, Gajra Gears etc., Indore has remained the commercial and educational capital of Madhya Pradesh and a major industrial city in Indian properties land for sale Madhya Pradesh.

But the perceptible change is the steady ingress of the IT sector into Indore. The electronics complex in the city houses offices of some of the top IT companies in the country. Indore boasts of being the best shopping destination in Central India and is also a major educational center of Madhya Pradesh with many engineering and management institutions. It is also prominent for its healthcare facilities with leading hospitals and pharmaceutical companies based there. Bombay Hospital recently opened a new hospital in Indore. Indore district also includes the Cantonment town of Mhow which has some of the premier training institutions of the Indian Army. The Border Security Force has its Central School of Weapons and Tactics (CSWT) at Indore. It’s a heady cocktail – one that would get IT companies ‘high’! The co-relation between IT and real estate development is very apparent. The entry of the IT sector in any city – be it a metro, mini-metro, Tier 1 or tier 2, spurs real estate industry and infuses zing in the local economy.

Mr. Rohtas Goel, CMD, Omaxe Construction Ltd says, “Indore has the potential to become an IT center in the central India. Its location and future prospects make it a profitable and advisable destination.” For the investor who looks for rapid capital appreciation or a regular but high income though rentals, this is good news. Instances where one can be near certain about large appreciation, is rare. Financial analysts agree Indore is an excellent opportunity for buyers of property. Quick to scent this potential, Omaxe is coming out with Omaxe City - an integrated ultra modern township in the city of Indore.

Keeping up its project innovativeness and mission of changing the face of Indian Cities, Omaxe, a multi million real estate major, introduces the new age lifestyle living facilities for the largest city of Madhya Pradesh. The strategically located ‘Omaxe City’ on NH-3, Agra-Bombay bypass is a modern suburbia containing everything from residential plots, expandable villas, hospitals, commercial complexes and schools making it a fine fusion of world class infrastructure and rich tastes. Spread over an area of 89 acres with an investment of Rs.200 crore, the Township is most luxurious and privileged for people who have their business and professional interests in Indore and adjoining areas. The Township is already approved by Town and Country Planning, Madhya Pradesh and the demarcation of land and initial phase of construction has already started.

‘Omaxe City’ nestles amidst a sprawling resort-like lush green landscape, dotted with meaningful features such as water terraces, tree-lined avenues and paved pathways. It is designed to lead a healthy and active lifestyle within its clean and serene environment. Omaxe City offers independent floors along with villas and plots with all facilities and amenities such as theme parks, state-of–the art club, local shopping centre, grocery store and many more…all within the township limits. The contemporary township has been developed, keeping in mind 21st century lifestyles and facilities such as swimming pool, sauna, steam, Jacuzzi, shopping complex, food court and banquet hall. Provision of recreational facilities including card room and multi-purpose room and a hi-tech gymnasium in the township redefines the art of leisure and pleasure.


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