Welcome to Indore, the city known as “Mini-Mumbai” in Madhya Pradesh. It’s famous for its business scene and delicious food. Around 3 million people live here, and it’s one of India’s top 10 cities to live in. It was even named again for 6th time the cleanest city in India in 2023.
People from all over India are moving to Indore because of the excellent education and job opportunities here. Fun fact: Indore is the only city in India with both an IIT and an IIM.Choosing the right neighbourhood in Indore is crucial for a good quality of life.
In this blog, we’ll help you find affordable rentals and the best posh areas in the city. These areas are posh because they’re growing, property prices are rising, and they have lots of amenities.
Investing in property in Indore is smart because the real estate market is going up. Indore is getting bigger and better in areas like education, healthcare, and IT. The government is working to turn Indore into a Smart City, which is a big deal. It will help the city grow even more, especially in real estate.
Living in Indore is great. You can get nice homes with gyms, pools, and parks at affordable prices. These homes will also be a good investment in the future. Indore has everything you need, like schools and hospitals, and it mixes old and new. Families who move here enjoy top-notch amenities and a good quality of life.
So, join us as we explore the best and most affordable places to live in Indore, where tradition and progress come together to create a great living experience.
Best Places To Live In Indore on Rent
These are the top 7 places to live in Indore for affordable rent. You can even buy a house or property here.
| Neighborhood | Key Features |
|---|---|
| Vijay Nagar | Major residential and commercial areas. Convenient transportation with BRTS. Numerous malls like Orbit, C-21, Malhar, and Mangal City. Notable hotels. Wide variety of food chains. Access to schools, colleges, and hospitals. |
| AB Road | Connects major areas like Vijay Nagar and Talawali Chand. Many multi-storey apartments. Presence of prominent educational institutes. Access to malls like Orbit and Malhar. |
| LIG Colony | Witnessed real estate price boom due to immigrant influx. Peaceful and relaxing environment. Presence of LIG Gurudwara. |
| Navlakha | Growing residential locality. Known for Navlakha Temple and Bus Station. Good-quality roads for easy commuting. |
| Palasiya | Educational hub with coaching institutes for IIT-JEE and medical students. Accessible transportation options include bus routes and private taxis. Ideal for families with children due to educational facilities. |
Property In Ujjain Road Indore 2023: Super Corridor For Resident and Investment
Vijay Nagar Indore Review, Rental House, Location Guide and Images
Notes: The following sources are collected from various websites, YouTube vlogs and Google Maps. Make sure you also check them too.
Circles:
| Circle Name | Description |
|---|---|
| C21 Mall Circle | Located near C21 Mall, a prominent shopping center. |
| Sayaji Square | A significant intersection in Vijay Nagar. |
| Patel Bridge Circle | A key junction in the locality. |
| Apollo Square | An intersection near the Apollo Hospital. |
| Meghdoot Garden Circle | Named after the nearby Meghdoot Garden. |
| Bombay Hospital Circle | Near the renowned Bombay Hospital. |
Malls:
| Mall Name | Description |
|---|---|
| C21 Mall | Popular shopping and entertainment destination. |
| Malhar Mega Mall | Offers a variety of retail stores and dining. |
| Velocity III | A newer mall with shopping and dining options. |
Restaurants:
| Restaurant Name | Cuisine / Description |
|---|---|
| Pind Balluchi | North Indian cuisine. |
| Monginis | Bakery and café. |
| Brews N Bites | Pub and restaurant. |
| 56 Dukan | Known for street food and snacks. |
Hotels:
| Hotel Name | Description |
|---|---|
| Sayaji Hotel | Luxury accommodation and dining. |
| Radisson Blu Hotel | Upscale hotel with modern amenities. |
| Effotel Hotel | Contemporary hotel. |
| Hotel South Avenue | Budget-friendly accommodation. |
Famous Markets:
| Market Name | Description |
|---|---|
| Treasure Island Mall | Prominent shopping destination near Vijay Nagar. |
| Vijay Nagar Market | Local market with various shops and essentials. |
| Mega Mart | Popular department store in Vijay Nagar. |
Schools and Colleges:
| Institution Name | Description |
|---|---|
| SICA School (St. Raphael’s HSS) | CBSE-affiliated school. |
| Acropolis Institute of Tech. | Prominent engineering college. |
| Sanghvi Institute of Mgmt. & Sci. | College offering management and science programs. |
| Malwa Institute of Sci. & Tech. | Engineering college. |
| Shri Jain Diwakar College | Well-known college in Vijay Nagar. |
You can rent a house in Vijay Nagar, Indore for ₹6,900–₹48,800.
Here are some examples:
- 2 BHK independent house: ₹22,000
- 2 BHK independent apartment: ₹10,000
- 1 BK independent apartment: ₹7,000
- 4 BHK independent house/villa: ₹30,000
- 2 bedroom house/villa: ₹8,500
