Bhopal is among the booming city of MP, It is also known as the “City of Lakes”. This is why; it is available in amidst the serene lakes and picturesque environments. It is among the peaceful city of India and there culture is also so well. The capital Bhopal is widely known for its silver jewelry, fashioned beadwork, sequined velvet and embroidered fashioned purses and cushions.
If we consider past time of Bhopal city, Bhopal has earned name, fame and many other fame in the field of real estate and construction. Bhopal Real Estate offers you many investments options for both property investors and developers. The economy of Bhopal mainly comprises of electrical major BHEL, services and administration sectors. The property development of Bhopal seems to be following a wholesome approach as all the sectors, be it commercial, residential or retail, are growing day by day.
The prime location of Bhopal has been instrumental in attracting investments from many government and semi government organizations. The main commercial part of Bhopal includes, Bairagarh, TT Nagar, New Market, MP Nagar, Vitthal Market, Mantralaya, Center Point and others. In the past time there are not too growth in IT and MNCs sector in Bhopal, the absorption rate of commercial infrastructure developments has been limited to 35 – 45%. Many residential and commercial projects by pioneer real estate developers like, Unitech, DLF, Ruchi Group, Kunal Group, etc. are moving in Bhopal.
Posh location of Bhopal includes Sonagiri, Tulsi, Shahpura, Rachna Nagar, Saket Nagar, Shakti Nagar, Shivaji Nagar, Kasturba Nagar and Area Colony. Independent Villas, Houses, Studio Apartments comprising of bungalow and duplexes make for almost 95% of Residential area. The concept of “triplex” is shaping up rapidly with a high absorption rate of more than 75%. Residential project of Sahara Group, Kanchal Group, Maxworth, Ansals, DLF Group and many more have also been launched and many of them construction going on.
One of the famous brands in the field of real estate and construction ‘DLF Group’ is going to invest Rs. 8100 crores in Bhopal Real Estate over the next five years. This will include developing of housing, SEZs, IT Parks, integrated, Commercial-cum Residential spaces, hotels and convention cenres in Bhopal Property.
Yes well said Bhopal is nice place for making real estate investment, thanks for sharing it, it will be helpful for real estate investors from the Bhopal.
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Such a valuable blog you have shared with us. Thanks for sharing this with us, I want to know more about the best builders in Bhopal and also the best flats in Bhopal. Before buying the flats anywhere it is very necessary to have proper knowledge of the best properties in Bhopal firstly.
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