Parwati Park

Malharganj, Indore, Madhyapradesh

SHIKHAR REALTECH

Description & FAQs

Project Overview

Parwati Park is a promising residential project located in the serene locality of Magarkheda, Malharganj, Indore. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families and individuals seeking a peaceful yet connected lifestyle.

The project spans over 2.649 hectares and features a variety of residential plots, including general residential plots, EWS (Economically Weaker Sections) plots, and LIG (Low-Income Group) plots. These plots are designed to cater to diverse needs, ensuring that everyone can find a suitable option for their housing requirements.

Parwati Park is strategically located, providing easy access to essential amenities such as schools, hospitals, shopping centers, and public transport. The project emphasizes a community-centric approach, ensuring that residents enjoy a vibrant and supportive neighborhood.

The project is currently in the new launch phase, with possession expected in the fourth quarter of 2025. This timeline allows potential buyers to secure their plots at an early stage, ensuring a chance to be part of a developing community. The estimated cost of construction and land is approximately 400.00 lacs and 260.95 lacs, respectively, making it a valuable investment opportunity for those looking to build their dream home in Indore.

In addition to its prime location and variety of plots, Parwati Park is committed to sustainable development practices, ensuring that the project is environmentally friendly and responsible. The project is designed to promote a healthy lifestyle, with ample green spaces and community facilities that enhance the living experience.

Frequently Asked Questions

Explore common inquiries about this project.

What is Parwati Park?

Parwati Park is a residential project located in Magarkheda, Malharganj, Indore, offering a variety of residential plots including general, EWS, and LIG plots.

What types of plots are available?

The project offers general residential plots, EWS residential plots, and LIG residential plots, catering to different housing needs.

Where is Parwati Park located?

Parwati Park is located in Magarkheda, a serene locality in Malharganj, Indore.

What amenities are nearby?

The project is strategically located near schools, hospitals, shopping centers, and public transport, ensuring convenience for residents.

When is the possession date?

Possession is expected in Quarter 4 of 2025.

What is the estimated cost of construction and land?

The estimated cost of construction is approximately 400.00 lacs, and the estimated cost of land is around 260.95 lacs.

Project Details

Basic Information

  • Price Range:
  • Property Type: Residential Plot
  • Flat Type:
  • Status: New Launch

Project Scale

  • Possession: Quarter 4 2025
  • Span: 2.649 Hectares
  • Towers:
  • Units: 219+
  • Floors:
  • Density:

Location & Builder

  • Project: Parwati Park
  • Address: Magarkheda, Malharganj, Indore, Mp
  • Sector: Magarkheda
  • Locality: Malharganj
  • City: Indore, Madhyapradesh
  • Builder: SHIKHAR REALTECH
RERA Authority

RERA Reg. No

P-IND-23-4274

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Buyer's Due-Diligence Guide

Serious about Parwati Park? Check the Facts First.

Glossy brochures and portal listings show only the shiny surface. My deep-dive report gathers the hard-to-find data scattered across dozens of websites and filings, so you can decide with confidence.

Before you commit your savings, see the full picture.

What My Reports Uncover:

  • Builder Strength: past delivery record, financial health, open court cases.
  • Legal & Title: RERA filings, land title chain, critical NOCs and clearances.
  • Construction Reality: on-site progress versus promised timeline, independent quality checks.
  • Total Cost Clarity: launch-to-date price trend, hidden charges, payment-plan cash flow.
  • Location & Liveability: travel times, upcoming infrastructure, environmental risks.
  • Exit & Rental Liquidity: resale registrations, rental yields, bank project approvals.
  • Buyer Sentiment: real customer complaints, maintenance issues, defect logs.
  • Red Flags: a concise list of any critical concerns I uncover.

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