• Indore is the commercial capital of Madhy Pradesh and is growing rapidly. There is huge influx of new population due to the ongoing urbanisation. No wonder, there is huge demand in the real estate market which bolsters prices and results into higher rate on return on investments.
• Indore is the only city in India which has both IIT & IIM. In addition there are many engineering, management, medical and dental colleges which make the city an education hub. Also, there are all major coaching classes brands attracting youth not only from rest of Madhya Pradesh but from other states too. This again increases the influx of population.
• Indore is a big medical facility centre with brands like Jupiter, Shalby, Medanta, Bombay Hospital, Care, Apollo and few local big hospitals. These world class health care facilities attract floating population which result in robust demand.
• Indore is almost at the centre of Mahakal Temple, Ujjain and Omkareshwar Temple. There are places of historical significance like Mandu and Maheshwar in the vicinity. Also, Indore is very famous for its street food and its well deserved claim of being the cleanest city in India. All these factors have increased tourism at Indore manyfold. Tourists always help business grow.
• Indore had a big industrial set up with many textile mills and Dall mills. In last couple of decades IT companies have created facilities here to take benefit of cheaper manpower and lesser distances.