Super Corridor indore india

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TCS Campus (scheme no 151 and 169-B): Its a 100 acre site ( 1.33 Km by 0.3 km ) located on Super Corridor , Next to Medical Hub .

Infosys Campus (scheme no 151 and 169-B) : Its located on the Main Super Corridor Road with total land area being 130.8 acres. The North side of plot is occupied by TCS ,East side is planned by IDA as scheme no 166 ( Medical Hub ),the south side is earmarked for developing sports complex and west side is flanked by the Super corridor.

Fintech City: Indore Fintech City , developed by the Indore Development Authority play a major role in boosting economic growth and generate large scale employment.

• The development provide world class infrastructure in a well planned technology and financial hub to meet the growing requirements of the industry.
• It includes campuses of IT firms and offices of financial institutions.
• IT majors like TCS & Infosys already made their mark in Fintech City with a campus of 100 acres and 130 acres respectively
• An area of approx. 31 acres has been earmarked within the Fintech city for offices of financial institutions such as Banks, Broking firms, Stock exchange, Insurance Companies, Mutual Fund companies and IT & IteS Companies, software technology, etc.

1. Symbiosis University campus has come up in an area of 25 acres.first academic session has already started
2. Narsee Monjee University campus is coming up in an area of 25 acres.They plan to start their academic session by 2018.

Corporate offices ,Convention Centre, Shopping mall and leading Hotels & Hospital chains are coming up with their campuses at Super Corridor.

(5). Mid level I.T companies have been allocated/Purchased land at Super corridor. I.T company of Nai Dunia group and other mid level I.T companies have been allocated around 20 acres of land near Super Corridor.

(6). Medical institutions like Vedanta (Dr. Naresh Trehan) and Shankar Netralaya have submitted proposal for setting up medical facilities at Super Corridor.

(7). Reason behind all big set ups coming at super corridor are as follows:

• Full commercial land use.
• Government promoting Super corridor in a big way by providing land to above referred institutions at subsidized rates.
• Location advantage as it touches Airport on one side, passes through Indore city and ultimately connects To By Pass of Indore.

(8). IDA is coming up with their own building at Super Corridor in scheme No. 166 with area of approx 8 lakh sq.ft. which they intent to lease to I.T companies on “plug and play” concept.
Also plots are/would be allotted to I.T companies under the existing I.T policy of the state, under which lot of incentives would be provided to I.T companies which would be one of the major attractions for I.T companies to come here.
There is a lot of pent up demand by mid level I.T companies for plots as these companies typically provide services to big companies, like skilled man power supply, sub contracting work for TCS & Infosys etc.
Because of IDA’s allotment of plots to I.T companies, big medical institutions, leading universities of India, this area will develop pretty fast. Lot of additional demand by concerns catering to these companies like Hotels,hostels, guest house, banks, coaching institutes,BPO units, KPO units etc. will be there.

(9). If you compare prices prevailing at super Corridor right now with existing properties of similar nature and features, you will find that prices are 30-40% of prices prevailing in other areas. Looking at the future projects and development coming up at Corridor it makes great sense in investing in Super Corridor
Due to above factors, major investments are and will flow into Super Corridor and adjoining areas, so if you talk about Indore this area holds tremendous potential for growth.

What are the top investment options on Super Corridor ?

Basically IDA has six schemes at Super Corridor. scheme number being 139, 169 A, 151 , 169B, 166 and scheme no 175. Schemes vary from each other in terms of activity permitted and location which are detailed below after this point, best options available at Corridor are as follows:-

1. Commercial plots of IDA:

Best investment option right now are Commercial plots of IDA, i.e plots comprising in scheme no 139, 169B, 151 and scheme no. 169B Size of commercial plots facing main road i.e comprising in scheme no. 139 and 151 plot size starts from 60,000 sq. ft and go up to 2,00,000 sq ft.
Size of commercial plots behind plots facing main road (scheme no. 169A & 169B) are starts from 15,000 sq. ft.

2.PSP Plots of IDA:

Another investment option are PSP plots (scheme no. 166). plot size starts from 10,000 sq. ft and goes up to 1,50,000 sq.ft.. FAR of these plots is 2.00 depending upon plot size.

(7) What are the IDA schemes that are currently in place and proposed to come come in near future?Basically IDA has six schemes at Super Corridor. scheme number being 139, 169 A, 151 , 169B, 166 and scheme no 175. schemes vary from each other in terms of activity permitted. Brief introduction of the schemes are as follows:

Scheme no 139:

scheme starts from Chandragupt Maurya Square (Near Sayaji Hotel) and runs till Ujjain Road junction. scheme being part of Super corridor comprises of Commercial plots facing main road with plot size starting from 60,000 sq. ft. going upto 1,50,000 sq. ft. FAR of these plots is 3.00 and are of commercial nature.

Scheme No. 169 A:

Scheme starts from Chandragupt Maurya Square (Near Sayaji Hotel) and runs till Ujjain Road junction. scheme being part of Super corridor comprises of Commercial plots facing main road with plot size starting from 20,000 sq. ft. going upto 50,000 sq. ft.

These are small plots behind bigger plots of scheme No. 139.

FAR of these plots is 3.00 and are of commercial nature.

Scheme No. 151:

Scheme starts from Ujjain Road junction Square (Near Sayaji Hotel) and runs till Airport Road. scheme being part of Super corridor comprises of Commercial plots facing main road with plot size starting from 60,000 sq. ft. going upto 2,00,000 sq. ft.

FAR of these plots is 3.00 and are of commercial nature.

Scheme No. 169 B:

Scheme starts from Ujjain Road junction Square (Near Sayaji Hotel) and runs till Airport Road. scheme being part of Super corridor comprises of Commercial plots facing main road with plot size starting from 20,000 sq. ft. going upto 50,000 sq. ft.

These are small plots behind bigger plots of scheme No. 151.

FAR of these plots is 3.00 and are of commercial nature.

Scheme No. 166:

Location of the scheme is behind TCS campus. Triangle which you can see in the master plan behind TCS is this scheme. Land use of plots in this scheme is P.S.P (Public and semi public) In PSP land use certain permitted commercial activities can be carried out. Plot size starts from 10,000 sq. ft and goes upto 1,50,000 sq.ft.. FAR of these plots is 1-5-2.00 depending upon plot size.

Land use: land use of scheme No. 166 is “PSP” i.e. public semi public. Broadly speaking activities permitted under this land use are as follows:-

A. Information technology

B. conference hall, Banks, coaching institutes, hostels, rest house, university, colleges, hospitals, clinics, professional offices, convention centre, club/resort, amusement parks etc.

to name a few.

In a nutshell advantages of Medical hub are as follows:

1. Targeting specifically mid level I.T companies, providing them all the incentives available under state I.T Policy, which is a major USP.

2. Location of the scheme: shares common boundary with TCS and Infosys.

3. Pricing: Very attractively priced at this moment of time in comparison to commercial plots.

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