Bhopal Real Estate Guide

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Bhopal Real Estate Guide
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Also known as the City of Lakes because of its
serene location amidst some of the most
picturesque surroundings, Bhopal, the capital
city of Madhya Pradesh in perhaps one of the
greenest cities of India that is famous for its
scenic beauty. Any talk about Bhopal brings
pictures of fashioned beadwork, silver jewelry,
embroidered and sequined velvet purses and
cushions among other things.
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In the recent times, real estate Bhopal has
emerged as a potential investment destination
after real estate Indore, also in Madhya Pradesh.
There are many investment opportunities for
property developers and property investors who
want to buy plots in Bhopal. Real estate Bhopal
seems to be following a compact approach where
all sectors whether they are retail, residential
or commercial are growing at the same pace.    
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Bhopal is strategically located and that alone
has been quite instrumental in the attraction of
all manner of investments whether it is from the
government or semi-government organizations.
There are many areas that are ripe for real
estate Bhopal that is growing rapidly especially
when you consider that the absorption rate of
commercial developments lies somewhere between
30-40. Apart from the congested old
residential colonies that make the main city,
there are several new planned developments in
some formerly untouched areas. There are new
developments of villas in Bhopal as well as
independent house comprising of bungalows and
duplexes in addition to new residential areas
that have been launched by developers in the
recent past.
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There is a thriving retail sector in Bhopal that
comprises of high street type developments that
are yet to be fully exploited plots in Bhopal
are easily available and real estate developers
are coming in to get a niche for themselves
before the rates start spiraling upwards. There
is yet another class of developers of real estate
Bhopal who are making a name for themselves in
the shopping and entertainment sectors. This has
seen the development of multiplex-cum-shopping
centers, shopping malls, corporate offices and
star hotels that are catching in on the growing
consumerism.  
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The increasing rate of developments in all
sectors of real estate Bhopal has created a
situation where property rates and prices may
start skyrocketing soon. The truth is that prices
of plots in Bhopal in the major development
areas, as well as other potentially prime
locations, have started going up in the wake of
the real estate Bhopal anticipated exponential
growth
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Residential sectors are especially seeing the
development of modern villas in Bhopal in
addition to other low cost or budget housing
projects thereby diversifying the uptake of the
housing scenario. Real estate Bhopal is slowly
getting hot in the wake of many national and
international property developers getting
interested in the development of the City of
Lakes.    
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