u/Codeblooded22

[Seeking] Buying a plot in Micro Mitti Madhuvan Indore at ₹7,500/sqft — worth the premium?

[Seeking] Buying a plot in Micro Mitti Madhuvan Indore at ₹7,500/sqft — worth the premium?

Hey everyone,
26 year old NRI(moving back to indore in 2years) looking at Micro Mitti Madhuvan, a plotted township in Indore’s AB Bypass corridor at ₹7,500/sqft. Nearby townships in the same area with no amenities are going at ₹5,500–6,500/sqft.
Questions:
1. Is the ₹1,000–2,000/sqft premium over basic neighbouring townships justified or am I overpaying?
2. Does amenity premium actually reflect in resale or do all plots in an area appreciate similarly?
3. Realistic appreciation expectations on AB Bypass for next 5-7 years?
Would love honest feedback from anyone who knows the Indore market .
Thanks

u/Codeblooded22 — 1 day ago