RAIPUR: There is a notable shift in major real estate projects within Madhya Pradesh, with many transitioning from the capital city Bhopal to Ujjain, the hometown of Chief Minister Mohan Yadav. Over the past two years, the number of real estate projects in Ujjain has doubled, and by 2024-25, Ujjain registered more building projects than Bhopal.
Between 2000 and 2021, Indore was the leading city in real estate project registrations, while Bhopal held second place. However, in an unexpected turn of events, Ujjain climbed to the second spot in 2024-25, relegating Bhopal to third. Indore retained the top position.
This trend is highlighted in a report by the MP Real Estate Regulatory Authority (MPRERA), which was obtained by TOI.
Builders attribute the migration of real estate projects to Ujjain to the influence of Chief Minister Yadav.
Manoj Meek, president of CREDAI Bhopal, criticized the lack of a master plan for Bhopal over the last 20 years, suggesting it was a deliberate attempt to stifle the city’s development. He also noted that the rising challenges in registering properties with RERA have deterred builders from investing in Bhopal. The report indicated that in 2024-25, at least 22 districts in MP recorded single-digit registrations for real estate projects.
According to the state’s real estate regulatory authority, from 2020-21 to 2023-24, Bhopal’s real estate projects were nearly double those in Ujjain. Yet, in 2024-25, Ujjain surpassed Bhopal, indicating a shift in the real estate landscape.
The 22 districts with fewer than 10 registered projects in 2024-25 include Harda (9), Shajapur (9), Rajgarh (8), Damoh (7), Narsinghpur (7), Katni (6), Raisen (6), Gwalior (5), Burhanpur (4), Betul (4), Guna (4), Shivpuri (3), Chhatarpur (3), Agar Malwa (2), Tikamgarh (2), Vidisha (2), Mandla (2), Dindori (1), Rewa (1), Pandhurna (1), Bhind (1), and Panna (1).
Builders highlight the upcoming Ujjain Simhastha 2028 and the city’s status as the CM’s hometown as key factors driving the growth in real estate projects. Previously, Chhindwara, the constituency of Congress veteran and ex-CM Kamal Nath, experienced a similar surge in real estate during Congress’s governance, while Vidisha also saw rapid urban growth under former CM Shivraj Singh Chouhan and previous BJP administrations.
