India's 10 Hottest Real Estate Cities to Watch Out in 2012

3) Indore

Indore is the largest city in the state of Madhya Pradesh. It is one of India’s fastest growing cities which is emerging as an ideal city for real estate investments. Indore is mainly flourished due to developments in education, automobile and steel industries. Currently in India, Indore is the only city that houses both IIT (Indian Institute of Technology) and an IIM (Indian Institute of Management). One of the main advantages of the city is that it is equidistance to both Mumbai and Delhi. Real estate players like DLF, Ansal, Parsvnath, Emaar MGF to name a few, are launching their projects in Indore.