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Madhya Pradesh Govt to Build Start Up Park in Indore at Cost of Rs 450 Crore

Posted on 12 Sep 2022

Categories : Real Estate Development (123) IT Development (21) Super Corridor Development (43) Residential Project (20) Infosys Indore (3) Indore News & Updates (13)


With the growing number of startups and entrepreneurs, the need has risen to build startup parks that offer all the amenities and facilities to the young entrepreneurs and make Indore transformed into Modern Indore.

Indore development authority will build a start-up park on the land of 20 hectares at the super corridor. IDA has invited tenders for the project. The start-up park involves an investment of about 450 crores. This start-up park will accommodate a great number of startups in Indore. 

The CEO of IDA Mr. Vivek Shotriya said that tenders have been invited for architectural consultancy and master planning globally to build the 450-crore start-up park at the super corridor, Indore.

The project will be conducted in different phases. In the first phase, a multi-storey complex will be built. The complex is full of amenities which are really suited for offices. Spaces will be allotted to different entrepreneurs in the start-up park on lease at a fixed amount. The Madhya Pradesh government is working to present the start-up policy soon.

Indore's MP Mr. Shankar Lalwani said that although the final start-up policy has not been decided yet soon the program will be finalized and decided. 

As per the records, there are about 450 startups in Indore out of which nearly 250 start-ups are to be started soon. The start-up policy will help the young entrepreneurs to finance their ideas by providing them with capital. There are a number of startup parks already there in the city but due to the ever-growing number of startups, there is a need to build startup parks which are accommodated with all the amenities needed for a workspace.

The start-up policy which is to be launched soon will also help the entrepreneurs by providing them with discounted electricity, reasonable rent, etc. The flats in Indore have great facilities at a very reasonable rate. You can find fully furnished, semi-furnished flats with 1BHK, 2BHK, or 3BHK apartments whichever suits your needs.

All these efforts by the State government will make Indore a startup-friendly city and will offer a number of opportunities to the people.


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Frequently Asked Questions — Super Corridor Indore

Common questions about flats, plots, pricing and connectivity on Super Corridor, Indore–Ujjain Road.

Super Corridor Indore is a major planned development corridor connecting important parts of Indore with the airport and the Indore-Ujjain Road. The area has emerged as a prominent residential, commercial and IT destination because of its planned infrastructure, wide roads, improving connectivity and proximity to major IT campuses. It offers flats in Super Corridor Indore, residential plots, row houses, commercial properties and rental accommodation.

Super Corridor is located along the Indore-Ujjain Road and extends through an important growth zone of eastern Indore. It provides connectivity towards Indore Airport, Vijay Nagar, Rau, Ujjain Road and other major parts of the city, making property on Super Corridor Indore attractive for both home buyers and investors.

Super Corridor Indore is developing rapidly because of planned infrastructure, IT and commercial development, residential projects, road connectivity, airport proximity and improving public transportation. The presence of major employment hubs has also increased demand for flats, apartments, rental homes and commercial properties in Super Corridor.

Yes, Super Corridor is becoming an important residential area in Indore, particularly for families, IT professionals and property investors. Buyers can find 2, 3 and 4 BHK flats, residential plots and independent housing options along with access to schools, hospitals, workplaces, retail facilities and major transportation routes.

Super Corridor can be a suitable location for families looking for modern residential projects in Indore. New housing developments offer features such as landscaped areas, security, parking, recreational spaces and community amenities. Its improving connectivity to schools, hospitals, workplaces and other city areas adds to its residential appeal.

Property options on Super Corridor Indore include residential flats, apartments, residential plots, row houses, independent homes, commercial shops and rental properties. Buyers can choose between ready-to-move homes, under-development projects and land parcels depending on their budget and investment objectives.

Important destinations around Super Corridor include Indore Airport, major IT campuses, Vijay Nagar, Ujjain Road and several residential and commercial developments. The corridor's location provides access to employment hubs and important parts of Indore, which is one of the major reasons for increasing residential demand.

Super Corridor has connectivity towards Vijay Nagar, one of Indore's major commercial and residential destinations. Travel time depends on the exact location, traffic and route, but the corridor's road network provides an important connection between the eastern growth areas and established parts of Indore.

Super Corridor provides convenient connectivity towards both Indore Airport and Vijay Nagar. The exact distance depends on the location of a particular residential project or property, but airport connectivity is one of the key advantages associated with properties on Super Corridor Indore.

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