With so many remarkable initiatives launched and implemented towards the infrastructure development, Gwalior is fast-moving to becoming a metro city in the Indian state of Madhya Pradesh. In a promising scenario like this, it would be quite exciting to see the housing arrangements available in the city and how lucrative it would be for those willing to set up a business base in Gwalior.

What does the city of Gwalior look like at present?

The outer view of Gwalior consists of stunning natural beauty. As a historical city, it has abundant tales about its rulers and dynasties. Its rich cultural heritage still stands undiluted and unshaken. Temples, forts, palaces, and museums define the grandness of Gwalior. Gwalior Fort, Saas Bahu Temple, Jai Vilas Palace Museum, and Tansen’s Mausoleum are some of the top destinations that every visitor to the city has in his/her bucket list. Madhav National Park, Gwalior Zoo, and water parks are equally popular spots visited in the city.

Gwalior is 343 km south of Delhi, and 120 km from Agra. The travellers experience excellent road connectivity. By rail, one can get trains to reach places like Mumbai, Agra, Jhansi, Shivpuri, Etawah, Delhi, Kolkata, Barauni, Varanasi, Allahabad, etc. Gwalior airport is around 8 kilometres away from the main city and flights are available for Mumbai, Indore, Bhopal, Delhi, and other cities.

In terms of real estate, Satyam Builders, Assotech Limited, and One City Group are some of the top builder names present in the region. If you wish to buy a property in Gwalior, these builders have built projects both in residential and commercial segments.

What are the changes implemented after declaring Gwalior as a smart city?

The three issues addressed for Gwalior include urban settlement, waste management and economic boost. The smart city initiatives laid for the city has resulted in a fast, and affordable transportation system for the population. 10% of electricity need is fulfilled by making use of renewable sources like solar energy.

The government ensures 24x7 water and electric supply. The aim to make Gwalior an education hub is already under the process with the creation of various educational and training centres.

As far as establishing a business is concerned, all the flourishing localities are well-equipped with commercial shops Gwalior. Hazira Chauraha, Ghauspura, Ashok Vihar Colony, Bada Bazaar, Sarafa Bazaar, Birla Nagar, and Sanjay Nagar are the most thriving residential and market places. Establishing your business in and around these places will be a beneficial decision for you.

How much does a commercial space cost in Gwalior city?

Gwalior city is also home to a rapidly growing IT industry. It consists of industries from textile, dairy, chemical, pharmaceutical, manufacturing, and real estate development. As already mentioned about the 24x7 electricity and water supply, your business space is facilitated with a smooth transaction and ultimate convenience.

If you are looking forward to finding a business space in a shopping plaza, the commercial property price Gwalior would cost you ₹ 8 Lacs as a starting price.

Author's Bio: 

Tansen Plaza is one of the prominent commercial development of One City Group, one of the renowned name in the real estate industry. Sprawled over an approximate area of 1 acres.