Why Should You Buy Property on The Super Corridor, Indore?

The Super Corridor in Indore is rapidly emerging as one of India’s most compelling real estate investment destinations. With its strategic location, exceptional infrastructure, and significant growth potential, this area is attracting attention from corporates, investors, and homebuyers alike. Here’s an in-depth look at why the Super Corridor should be at the top of your investment list.

Strategic Location

The Super Corridor enjoys a prime position in Indore, offering excellent connectivity to key areas such as Indore Airport, Vijay Nagar, Pithampur, and Ujjain Road. The forthcoming metro line will further enhance this connectivity, reducing travel times across the city and integrating the Super Corridor with major urban hubs. The presence of major IT companies like Infosys and TCS, along with prominent educational institutions such as Symbiosis and Narsee Monjee, makes the Super Corridor an attractive locale for professionals and students, increasing its appeal for both residential and commercial investments.

Robust Infrastructure

The Super Corridor features world-class infrastructure, including well-planned roads, underground utilities, electricity arrangements, efficient drainage systems, and eco-friendly initiatives. Notably, the Indore Development Authority is developing a Start-up Park on a 20-acre plot at an estimated cost of 450 crore. This development will include the construction of a 35-story building. This robust infrastructure ensures strong future prospects, making the Super Corridor an ideal location for corporates and individuals seeking modern amenities and a well-connected environment.

Proximity to Employment Hubs

The Super Corridor is surrounded by major IT parks and business districts, including campuses of leading companies such as TCS, Infosys, and various other growing IT enterprises. This proximity provides ample job opportunities for residents and drives strong demand for rental properties. The area’s appeal as a residential destination is further enhanced by its close connection to these employment hubs, making it a lucrative option for investors seeking high rental yields.

Future Growth Potential

Investing in the Super Corridor is a forward-thinking decision, with numerous infrastructural projects on the horizon. The area’s development is expected to drive up property values significantly, promising substantial returns for early investors. The government’s focus on expanding connectivity, including the metro project, and developing commercial spaces further enhances the area’s growth potential.

Eco-Friendly Living

Designed with sustainability in mind, the Super Corridor combines modern amenities with eco-friendly features. The presence of green spaces and parks enhances the quality of life for both working professionals and residents alike, making it a perfect choice for corporates and individuals seeking an eco-conscious lifestyle.

High Rental Yield and Appreciating Property Values

Properties in the Super Corridor command high rental yields, offering excellent passive income opportunities. Continuous infrastructural development and the influx of tech companies and educational institutions are driving property values up, ensuring long-term gains for investors. Recent market trends show significant growth, with apartments priced at 3,750 per sq. ft. in the Super Corridor increasing by 44%, and residential plots priced at 4,200 per sq. ft. rising by 115% in value over the past three years, with a rental yield of 8%.

A Growing Hub of Modern Living

The Super Corridor in Indore is rapidly developing, creating ample job opportunities and attracting residents from around the world. This area features residential townships built to international standards and fosters a strong sense of luxury living. Well-planned, high-end residential and commercial spaces attract individuals who prefer a premium, global lifestyle, making the Super Corridor a prime choice for modern living.

Key Advantages of the Super Corridor

• Pithampur – The Industrial Hub : Pithampur, often referred to as the ‘Detroit of India,’ is Asia’s largest industrial hub, encompassing diverse sectors such as automobiles, pharmaceuticals, and heavy manufacturing. Hundreds of thousands of people commute daily from Indore to Pithampur for work, and highly paid professionals particularly prefer living in the Super Corridor due to its direct connectivity with Pithampur via the Economic Corridor. This direct connectivity further enhances the Super Corridor’s appeal for property buyers seeking residential and commercial opportunities. Additionally, the Economic Corridor is set to become a significant road project, similar to the Super Corridor, in the near future.
• Ujjain Road – The Growing Hotspot : The recent inauguration of the Mahakal Lok Corridor by PM Modi has elevated Ujjain’s global status, leading to increased pilgrim traffic and growth in Indore’s hospitality, retail, and service sectors. The Super Corridor’s direct connectivity to Ujjain further enhances its development potential, especially with the highway connecting Indore to Ujjain planned for a six-lane expansion to better accommodate the anticipated traffic load.
• The Indore Metro Project : The upcoming metro project is set to revolutionize connectivity and support sustainable urban development. Plans to extend the metro link to Ujjain via the Super Corridor are expected to bolster investor confidence and ensure comprehensive connectivity for the region. Preparations for metro services between Indore and Ujjain before the 2028 Simhasth further amplify the Super Corridor’s impact

Upcoming Developments

• Malls and Shopping Centers : The Super Corridor will soon feature multiple small to large scale shopping malls and high-end commercial buildings offering premium retail, entertainment, and dining options. These developments will contribute to the local economy by generating job opportunities and attracting visitors.
• 5-Star Hotels : The Super Corridor is set to welcome a grand 5-star Taj hotel by the Indian Hotels Company (IHCL), located near Infosys. This multi-story hotel will feature 350 rooms and will boast the largest convention center in the state, with a capacity of 40,000 people. With Taj and Vivanta entering the business-class hotel segment, the area’s profile is poised to rise significantly. While the Taj hotel will be built near Infosys, the Vivanta is currently under construction near the MR-10 bridge. Spanning 1 lakh square feet, the 5-star Vivanta will offer 206 rooms, 3 banquet halls, 2 restaurants, a pool, a club, and a lounge. The arrival of these top-tier hotels is a testament to the bright future of the Super Corridor, making early investment in the area a highly promising opportunity.
• Proposed Upcoming Sports Complex and Medical Hub : The Super Corridor will also include a state-of-the-art sports complex and a comprehensive medical hub, offering residents access to top-notch sports facilities and healthcare services.
• Proposed Auditorium : A major auditorium, planned to be the largest in the state, is set for the Super Corridor. With a seating capacity of 10,000 people, it will attract high-profile events and programs, such as Pravasi Bharatiya Divas and the Global Investment Summit.

Conclusion

The Super Corridor in Indore represents a unique blend of strategic location, robust infrastructure, and significant growth potential. With its upcoming developments and strong economic prospects, it offers an exceptional opportunity for both residential and commercial investments. Whether you’re looking to settle down or invest, the Super Corridor promises a future of modern living and remarkable returns. Make the smart choice today and be part of Indore’s promising future.

— Anil Katariya, Founder & CEO, Shree Katariya & Associates