As Indore continues to widen its urban footprint, conversations around the city’s development have gradually shifted from speculation to certainty. The city is no longer “up-and-coming”—it has moved into a steady phase of expansion driven by infrastructure, employment, and the arrival of new real-estate players who are responding to changing expectations. Among the names contributing to this transformation is New Race Course Group, a relatively young but fast-evolving developer that has begun shaping pockets of the city through commercial and residential projects.
What makes this moment interesting for Indore is the convergence of several forces. Investors who once looked exclusively at metros are now considering Tier-II cities with far more seriousness. Office demand is diversifying, and families are starting to prefer neighbourhoods that offer openness, not just proximity. NRC Group’s recent line-up of projects sits squarely within this shift, reflecting broader trends rather than isolated ambition.
A Commercial Push Along the Super Corridor
One of the most prominent developments underway is the New Race Course Business Park, coming up on the Super Corridor—an area that has rapidly turned into one of Indore’s most sought-after corporate stretches. Spread across roughly half a million square feet, the upcoming business hub combines office space, showroom fronts, and planned retail pockets.
What makes the project noteworthy is the timing. As more companies expand into Indore to take advantage of its connectivity and talent pool, the demand for organised commercial space has risen steadily. The Business Park, registered under RERA and targeted for possession by late 2025, appears to be entering the landscape at a moment when the city is actively looking for Grade-A business infrastructure.
Early Residential Wins and New Community Planning
On the residential side, NRC Group’s first completed housing project in Mahalaxmi Nagar quietly earned attention for being delivered ahead of schedule. While on-time completion should ideally be standard practice, the reality of the real-estate sector makes such adherence still notable. The early delivery also set the stage for NRC’s next residential concept.
The Group is now developing NRC Greens, located along Baroda Kara, Kanadia Road—an area where residential demand has grown as the city stretches outward. The project places emphasis on green spaces, open landscapes, and a quieter living environment. The shift toward nature-focused communities is not unique to Indore; it mirrors national patterns of families gravitating toward breathable neighbourhoods over dense, amenity-heavy clusters.
Tech-Driven Workspaces for a Changing Work Culture
In another part of the city, near MR-10, Kumedi, the Group is putting together the NRC IT Park. Designed for businesses that require flexibility—especially technology firms and startups—the project aims to blend adaptable layouts with smarter infrastructure. With hybrid work continuing in many industries and companies looking for plug-and-play options, developments like this reflect the workplace changes that have unfolded over the last few years.
Why Indore’s Momentum Matters
Indore’s position today is the result of steady improvements in connectivity, civic management, and business activity. The city’s rise in national real-estate charts has been gradual, not sensational, which is perhaps why it has drawn sustained investor confidence. Analysts have repeatedly pointed out that cities like Indore, Coimbatore, and Vizag are benefiting from an economic rebalancing where affordability, access, and lifestyle play as much of a role as business metrics.
Building for Long-Term Relevance
Across its newer projects, the Group has been incorporating features that align with evolving expectations: energy-efficient materials, smarter home and office features, secure digital systems, and communal spaces designed to encourage interaction. These elements are becoming less of an add-on and more of a requirement for projects hoping to stay relevant a decade from now. Speaking about the direction of these developments, founder Ankesh Goyal shared that the objective is not just delivery but designing spaces that “people grow into, not out of.”
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