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Top 20 New Residential Projects in Nipania, Indore

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About Nipania, Indore

Nipania, nestled in Indore, the heart of Madhya Pradesh, emerges as one of Indore's swiftly growing locales. Covering an expanse of approximately 4.14 square kilometres, it accommodates around 21,934 residents.

Surrounded by adjacent neighbourhoods like Shubh Sampada Colony, Deep Palace Colony, and Shalimar Township, Nipania enjoys a strategic location along the Eastern Ring Road corridor of BRTS, ensuring seamless transportation options. Encompassing a significant stretch between AB Bypass Road and Bypass Road, from Rajiv Gandhi Square to Dewas Naka Square, it boasts accessibility and attractiveness.

Benefiting from enhanced social infrastructure and its proximity to the Indore Special Economic Zone and Sanwer Road Industrial Area, Nipania experiences substantial demand for residential properties. Noteworthy landmarks like the Iskon Temple, White Church, and Annapurna Temple further enrich the living experience in Nipania, providing a well-rounded environment for its residents.

Why Should You Invest in Nipania?

Investing in Nipania presents a lucrative opportunity due to several compelling factors. With an average price of Rs. 3,100 per square foot for apartments and a rental yield of around 11.8%, the area showcases a steady appreciation in property values. Additionally, the proximity of Nipania to localities such as Tulsi Nagar, Hare Krishna Vihar and Mahalaxmi Nagar, which offer flats in a similar price range, enhances the appeal for those seeking diverse housing options within a specific budget range.

Furthermore, the renowned projects in the area, including SS Infinitus, BCM Planet, Shikhar Balaji Skyz, Skye Luxuria and JSM Pinnacle D Dreams contribute to the region's credibility and desirability. These projects reflect a commitment to quality construction but also offer a range of residential choices.

Price Trends in Nipania

Here is statistical data to understand the price trends in Nipania, Indorel:

Year Price/Sq ft
2019 Rs. 3,400
2020 Rs. 3,100
2021 Rs. 3,500
2022 Rs. 3,850
2023 Rs. 3,100

Disclaimer: All the above mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Nipania

1: Awesome Connectivity

  • Nipana is well-connected to other parts of Indore via National Highway 52.
  • This locale enjoys easy access to the Indore Special Economic Zone (8 km) and Pardesipura IT Park (9 km), which attracts the tenant community.
  • MR 10 Road, Eastern Ring Road and Indore Bypass Road are key thoroughfares connecting Nipana with Vijay Nagar and Palda.
  • Sanwer Road Industrial Area is merely 11 km from Nipania via MR10 Road.
  • The area is 10 km from Indore Junction Railway Station on the Western Railway zone of Indian Railways.
  • Nipania is located at a distance of 21 km from Devi Ahilya Bai Holkar Airport via Super Corridor Road.

2: Best Infrastructure

Nipania boasts a comprehensive infrastructure. The presence of reputed schools, well-equipped hospitals, diverse restaurants, and entertainment venues enhances the overall quality of life for residents and contributes to the attractiveness of the locality.

Leading Schools Renowned Healthcentres Entertainment Venues
Shri Ram Centennial School BCM Kokilaben Dhirubhai Ambani Hospital O2 The Lounge
Bombay Hospital Crescent Hospitals Private Limited Bottom Sip
SICA School Universal Hospital & Care Centre On The Rocks
The Bhavans' Prominent School Kibs Hospital Affairs - Club Lounge
Delhi Public School Bombay Hospital On Toes

3: Leading Developers in the Locale

4: Genuine Capital Appreciation

Nipania in Indore has demonstrated genuine capital appreciation, with average property rates for lands around Rs. 3,900 to Rs. 7,600 per square foot. Over the past year, the area has seen a change of -16% in land rates. Looking at a broader timeframe, the last five years witnessed an impressive 35% appreciation.

5: Major Tourist Spots

  • Annapurna Temple
  • Narmada Ghat
  • Mahakaleshwar Jyotirlinga
  • Tincha
  • Gandhi Hall

FAQs

What is the PIN code of Nipania?

The PIN Code of Nipania is 455001. It is situated in the city of Indore, Madhya Pradesh.

What is Nipania famous for?

Nipania, in Indore, is renowned for its tranquil ambience, picturesque surroundings, and contemporary infrastructure. Nestled amidst attractions like Rajwada, Lalbagh Palace, and Sarafa Market, Nipania offers a peaceful living experience. With a small-town charm and proximity to notable landmarks, it stands out for its serene environment and modern amenities in the bustling city.

Is Nipania a good place to live?

Yes, Nipania is an excellent place to live, offering top-notch healthcare with Reliance, Kokilaben, Medanta, and Bombay Hospitals nearby. The presence of reputable schools like Indian Public School and Delhi Public School enhances its appeal. Proximity to shopping destinations like Phoenix Insight Mall and educational institutions like SICA College add to the convenience and quality of life.

What is the future of Nipania?

The future of Nipania appears promising, given its current growth trajectory and diverse real estate offerings. The average monthly rental range of Rs. 3,1500 to Rs. 4,800, with an appreciating rental yield of 11.8%, indicates a variety of housing options catering to different budget segments. The presence of popular areas like Tulsi Nagar, Hare Krishna Vihar and Mahalaxmi Nagar contributes to the locality's appeal to residents.

What are the current development projects in Nipania?

What are the top schools in Nipania?

  • Shri Ram Centennial School
  • Delhi Public School
  • The Bhavans' Prominent School
  • SICA School
  • Bombay Public School
  • Eurokids PreSchool
  • The Provenance Academy
  • Holy Family Public School
  • Advanced Academy
  • Vowels International School

What are the top hospitals in Nipania?

  • BCM Kokilaben Dhirubhai Ambani Hospital
  • Bombay Hospital
  • Kibs Hospital
  • Universal Hospital & Care Centre
  • Crescent Hospitals Private Limited
  • Minimally Invasive Surgery Centre
  • Apollo Hospital
  • Medanta SuperSpeciality Hospital
  • Ashadeep Hospital
  • Bhandari Hospital

What are the best restaurants in Nipania?

  • Canteen
  • City Fresh
  • Bhoj Restaurant Indore
  • Amul Hut Everfresh
  • Chinese Restaurant
  • O2 The Lounge
  • On Toes
  • Affairs - Club Lounge
  • On The Rocks
  • Bottom Sip

What are the petrol stations in Nipania?

  • Oberoi Filling Station
  • Essar-Nayara Petrol Pump
  • HP Petrol Pump
  • Sai Soham Ganga Fuels
  • Bharat Petrol Pump
  • Indian Oil
  • Laxmi Petrol Pump
  • Naharshah Petroleum
  • NR Yadav Fuel
  • Primemark Fuels

What are the top gyms in Nipania?

  • Bolt Fitness Club
  • Fitness Hi 5
  • Sandy's Fitness
  • Urban Bull Gym
  • Absolute Fitness
  • Nikk Fit World
  • The Workout World Gym
  • Fitness Edge
  • Warzish Fitness Club
  • Armor Gym
  • Iron Addicts Gym

What are the shopping malls in Nipania?

  • Phoenix Citadel Mall
  • Skye Privilon
  • C21 Mall
  • Malhar Mega Mall
  • Treasure Island Mall
  • Omaxe Shopping Complex
  • The Zodiac Mall
  • Nexus Indore Central
  • Apollo Shopping Center
  • 51 Mall

What are the top hotels in Nipania?

  • The Park
  • Jardin Hotels
  • Radisson Blu Hotels
  • Sheraton Grand Palace
  • Effotel
  • Jalsa Resort
  • Hotel The Bellevue
  • Infiniti Hotel
  • FabHotel Dev's Inn
  • Playotel Premier

What are the parks in Nipania?

  • Traffic Park
  • Ratanlok Colony Park
  • General Vaidya Udyan
  • Regional Park
  • Anand Nagar Park
  • Pipliyapala Regional Park
  • Solitaire Park
  • Gitanjali Vatika
  • Girnari Garden
  • Maharana Pratap Garden

What are the top attractions in Nipania?

  • ISKCON Radha Ganesh Temple
  • Khajrana Ganesh Mandir
  • Phoenix Citadel Mall
  • Chappan Dukan
  • White Church
  • Annapurna Temple
  • Narmada Ghat
  • Mahakaleshwar Jyotirlinga
  • Tincha
  • Gandhi Hall

How much does a 1 BHK cost in Nipania?

1 BHK in Nipania costs in the range of Rs. 22.4 Lakh to Rs. 38.4 Lakh.

What is the average size of a 1 BHK in Nipania?

The average size of a 1 BHK in Nipania is 570 sqft.

What is the rent of a 1 BHK in Nipania?

The rent of 1 BHK in Nipania lies in the range of Rs. 8,500 to Rs. 21,000 per month.

How much does a 2 BHK cost in Nipania?

2 BHK in Nipania costs in the range of Rs. 39.2 Lakh to Rs. 72 Lakh.

What is the average size of a 2 BHK in Nipania?

The average size of a 2 BHK in Nipania is 950 sqft.

What is the rent of a 2 BHK in Nipania?

The rent of 2 BHK in Nipania lies in the range of Rs. 12,500 to Rs. 41,000 per month.

How much does a 3 BHK cost in Nipania?

3 BHK flats in Nipania costs in the range of Rs. 50 Lakh to Rs. 1.35 Crore.

What is the average size of a 3 BHK in Nipania?

The average size of a 3 BHK in Nipania is 1300 sqft.

What is the rent of a 3 BHK in Nipania?

The rent of 3 BHK in Nipania lies in the range of Rs. 25,000 to Rs. 50,000 per month.

How much does a 4 BHK cost in Nipania?

4 BHK flats in Nipania costs in the range of Rs. 98 Lakh to Rs. 1.90 Crore.

What is the average size of a 4 BHK in Nipania?

The average size of a 4 BHK in Nipania is 2000 sqft.

What is the rent of a 4 BHK in Nipania?

The rent of 4 BHK in Nipania lies in the range of Rs. 38,500 to Rs. 1 Lakh per month.

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